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20.04.2017

The construction of the factory specializing in the production of electrotechnical equipment has started in SEZ “Lotus”
The very first foreign resident of the SEZ - “Atef Russ” company (Azerbaijan) has started the construction of the modern factory producing electrotechnical equipment. The ceremony of laying down the future enterprise took place in terms of the second International Caspian Technology Forum "Technocaspy - 2017".

The company is planning to construct two production buildings. The planned capacity of the factory will be 2000 transformer sets and electrical equipment (about 3600 t per year). The investments in the project declared are more than 1,1 bln rubles. The company will create 200 jobs.

According to “Atef Russ” CEO Tofik Gamidov, the main product of the future factory will be reliable high-quality equipment for the fuel and energy complex, shipbuilding, housing and communal services, transport.

“We are sure that our enterprise will create a strong competition for foreign producers, especially since locally produced transformers will be much cheaper than the imported ones”, noted Tofik Gamidov. “Tax preferences provided to us by the SEZ will facilitate the competitive ability of the new factory”, he added.

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