Expanding international business relations with the Republic of Azerbaijan

"StankoMashStroy" representatives visited Baku with a business mission. The business trip was organized with the assistance of the Penza Region Entrepreneurship Support Fund. The delegation was accompanied by the representative of the Russian Federation in the Republic of Azerbaijan Nikolay Bondov.

StankoMashStroy already has cooperation experience with enterprises of this country. In August of this year, the first contract was signed for the supply of a universal lathe ST16k20/750 with one of the industrial enterprises in Azerbaijan. The business mission was only confirmation that the company intends to continue close cooperation with enterprises of this country.

As part of a business trip, representatives of StankoMashStroy visited the new and one of the largest production centers of the Republic. It focuses 12 major manufacturing plants. In addition, the company's equipment was also presented during a visit to one of the oldest industrial enterprises in Azerbaijan, which has its history since the beginning of the 20th century.

Representatives of Penza industrial enterprises held official negotiations with the Azerbaijan-Russia Business Council, the Fund for the Promotion of Export and Investment in Azerbaijan, as well as representatives of the Ministry of Industry of the country. Meetings with members of the Azerbaijan-Russia Business Council are scheduled. The parties will discuss further cooperation and implementation of joint projects. Such meetings are a prime example of the expansion of trade and economic relations between the two countries in recent years.