TODAY.AZ / Business

Protocol of intention signed between AtaHolding and Hasit Company of Germany

07 March 2006 [09:25] - TODAY.AZ
A protocol of intention signed between the AtaHolding Open-Joint Stock Company (OJSC) and Hasit Company of Germany on construction of an enterprise to produce building materials in Azerbaijan.

As APA was informed from the Holding, the document was signed by the president of Hasit, Mr. Wolfgang Steinbach and chair of the Supervisory Board of AtaHolding, Mr. Ahmet Erentok.

The Hasit Company has enterprises producing building materials in 40 countries of the world and the protocol of intention provides building of one more similar enterprise in Azerbaijan. If infrastructure conditions are satisfactory, the new enterprise is planned to be constructed on basis of "Zeyemkendmash" OJSC in Shamkir region.


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