Bank Of Baku

Azerbaijani investors intend to open new enterprises in Russia

Azerbaijani investors intend to open new enterprises in Russia
# 21 November 2012 11:24 (UTC +04:00)

 

 

Baku. Nijat Mustafayev - APA-Economics. Recently, interest of Azerbaijani investors has increased in Russian market, Russian trade representative to Azerbaijan Yuri Shedrin said, APA reports.

 

To him, Azerbaijani investors have already constructed tea factory, canning plant in Russia: ‘In the near future, one Azerbaijani company will construct a complex of construction materials production comprising 5 plants. The project will cost 30 mln euros. Besides, this company will also engage in development of gypsum deposits in Garachay-Charkas’.

 

Shedrin also touched upon the activity of Russian companies in Azerbaijan and said that at present, more than 500 enterprises and organizations operate in Azerbaijan under Russian capital. 

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