Azernews.Az

Friday April 25 2025

Azerbaijani entrepreneurs interested in powder paint from Russia's Dagestan

13 December 2022 09:59 (UTC+04:00)
Azerbaijani entrepreneurs interested in powder paint from Russia's Dagestan
Ayya Lmahamad
Ayya Lmahamad
Read more

Representatives of Azerbaijani distribution companies visited a number of enterprises in Russia's Dagestan, Azernews reports.

During the visit, they studied the production facilities and products of the Lakokraska enterprise in Makhachkala and showed a particular interest in powder paint.

Moreover, the representatives also visited the Dimitrov Kabel company, which produces cable products of various types and purposes.

Azerbaijan's investments in the Russian economy have exceeded $1.2 billion, with the majority of the investments being in the non-oil sector. In addition, Russian investments in Azerbaijan's economy totaled $6.3 billion with $5 billion in the oil sector and $1.3 billion in non-oil sectors.

The trade turnover between Azerbaijan and Russia amounted to $2.9 billion in 2021, making Russia Azerbaijan’s third-largest partner.

--

Ayya Lmahamad is AzerNews’ staff journalist, follow her on Twitter: @AyyaLmahamad

Follow us on Twitter @AzerNewsAz

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

Subscribe

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!

Loading...
Latest See more