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Khazar plant to export Dena cars to Ukraine

14 February 2019 20:55 (UTC+04:00)
Khazar plant to export Dena cars to Ukraine

By Leman Mammadova

Automative sector is currently developing fast in Azerbaijan, as more plants engaged in the production of cars are being launched across the country.

"Khazar" plant will export Dena cars to Ukraine, head of the international relations department at Iran Khodro Sabina Nubar said, AZERTAC reports.

“Dena cars produced at Khazar plant in Neftchala will be exported to Ukraine this year. These cars are also of interest in Belarus. It is planned to open sales center in Belarus by the end of the year,” she noted.

Nubar added that cars of the Khazar plant are not left behind cars manufactured in European countries in terms of quality and comfort. The quality factor has increased the interest in these cars.

The joint Azerbaijani-Iranian plant Khazar in the Neftchala industrial park opened on March 29, 2018, during a two-day visit of Iranian President Hassan Rouhani to Azerbaijan.

AzerMash OJSC - Iran Khodro Joint Venture “Khazar” car plant, with an annual production of 10,000 vehicles, will produce 6,000 vehicles at the first stage, such as Runna, Samand, Soren, Dena, Peugeot, Reno, by the end of 2019. These cars will be sold mainly on the local market.

The enterprise is expected to export 2,000 vehicles annually. Khazar cars are expected to be exported, first of all to the Russian market, then to be delivered also to Ukraine and Central Asian countries in the future.

A major Iranian automaker Iran Khodro and Azerbaijani company Azeurocar, a subsidiary of AzerMash, signed an agreement on August 6, 2016 to establish a joint automobile plant in the Neftchala Industrial Zone.

The total cost of the project is estimated at $ 14.08 million. Azerbaijan. Azerbaijan holds 75 percent share while 25 percent belongs to Iran. Regarding the quality, brand received a quality certificate of "Euro 5". Cars have been sold since summer 2018.

Recently, production of Peugeot cars under the brand name Khazar has been launched in the Neftchala industrial park.

Azerbaijan, which is currently working to develop its car industry and encouraging interior purchases, is developing its own automobile manufacturing market.

As many as 969 cars were produced in 2018, which is 32.4 times more than in 2017.

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Leman Mammadova is AzerNews’ staff journalist, follow her on Twitter: @leman_888

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