Ilham Aliyev attended the inauguration of “Venzana” furniture factory in Gazakh

07 August 2023, 09:50
Ilham Aliyev attended the inauguration of “Venzana” furniture factory in Gazakh

President of the Republic of Azerbaijan Ilham Aliyev attended the inauguration of “Venzana” furniture factory in Gazakh.

The head of state was informed of the work done.

The “Venzana” furniture factory was created by “Saloglu” a furniture manufacturer with a 10 mln manat soft loan from the Entrepreneurship Development Fund.

The company imported 8.4 million manat worth of equipment and was exempted from taxes and tariffs in the amount of 1.8 million manats.

The foundation stone of the “Venzana” furniture factory was laid by President Ilham Aliyev during his Gazakh district trip in 2016.

The factory covering a total area of 18 thousand square meters has the capacity to put out 12 thousand pieces of bedroom and 6 thousand dining room furniture.

The company plans to export its products to Russia, Kazakhstan, Georgia, Germany, and other countries. After the launch of the factory, the number of “Saloglu” company’s employees will come to 600. The investment in the factory amounted to 30 million manats.

As a follow-up to the project, the company is planning to open 4 new factories worth 27.2 million manats in an area of 20 hectares. The project, which aims to meet the country’s need for raw materials, is scheduled to be completed in 2025.

The head of state launched “Venzana” furniture factory and viewed the production process.

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DOCUMENTS Orders 22 February 2024
16:23
The Order of the President of the Republic of Azerbaijan on amending Order No. 4264 dated January 13, 2024, “On the establishment of the Organizing Committee regarding the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), the 19th session of the Conference of the Parties serving as the meeting of the Parties to the Kyoto Protocol and the 6th session of the Conference of the Parties serving as the meeting of the Parties to the Paris Agreement”

Guided by clause 32 of Article 109 of the Constitution of the Republic of Azerbaijan, I hereby order:

The following amendments shall be made to the 1st part of the Order No. 4264 of the President of the Republic of Azerbaijan, dated January 13, 2024, (Order No. 4271...

22 February 2024, 16:23