Bank Of Baku

Presentation ceremony of Iran’s Sadid Group of Companies held in Baku

Presentation ceremony of Iran’s Sadid Group of Companies held in Baku
# 19 October 2010 11:32 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Today, a presentation ceremony of Iran’s Sadid Group of Companies was held in Baku.

According to Sadid’s spokesman Mahabadi Valiullah the company operated about 50 years and included 13 companies. These companies were specialized on alternative energy, industrial equipments, oil-gas, pipelines and etc.

“Currently, Azerbaijan’s business environment developed sufficiently and this creates opportunities to invest in Azerbaijan’s economy. That’s why we intend to start operation in Azerbaijan and develop the relations between both countries” he said.

According to him Sadid intends to cooperate in the spheres of oil-gas, energy and others, offer products Azerbaijani side.
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