President Ilham Aliyev attended the opening of an orthopedic mattress manufacturing enterprise in Aghdam
Be the first to know
On November 7, President of the Republic of Azerbaijan Ilham Aliyev participated in the opening of the orthopedic mattress manufacturing enterprise Komfy LLC at the Aghdam Industrial Park.
As reported by BAKU.WS, the director of Komfy LLC Fuad Najafov informed the head of state about the enterprise.
It was noted that Komfy LLC received the status of a resident of the Aghdam Industrial Park in 2024. The annual production capacity of the enterprise is 130,000 mattresses. In addition to mattresses of various sizes, designs, and firmness levels, the production of Bonnell spring blocks and pocket spring systems will also be established here. For the first time in Azerbaijan, the enterprise will produce mattresses in roll-pack format, that is, compressed and rolled mattresses. This will reduce transportation costs and expand export opportunities. The products are intended for sale both on the domestic market and in other countries.
The enterprise will also produce mattresses meeting the requirements of local and international hotels. A total of 65 people will be provided with permanent employment here. In financing the project with a total cost of 2.5 million manats, along with private investments, credit funds in the amount of 700,000 manats were used, provided under a state guarantee by the Azerbaijan Business Development Fund (ABDF), subordinate to the Ministry of Economy. As a resident of the industrial park, the enterprise is exempt from value-added tax (VAT) and customs duties in the amount of 114,000 manats.
The Aghdam Industrial Park, established in 2021 by a decree of President Ilham Aliyev, covers an area of 190 hectares. A total of 39 enterprises are registered here, including 37 residents and 2 non-residents. The total value of projects amounts to 375.5 million manats, and the volume of actual invested capital is 192.6 million manats. Currently, more than 1,000 people are employed within the framework of the projects. The total sales volume carried out by residents has reached 2.96 billion manats, and the export volume is 132.6 million manats.
Gallery
Similar News
A metalwork production enterprise has been commissioned at the Aghdam Industrial Park
On November 7, President of the Republic of Azerbaijan Ilham Aliyev participated in the opening of the metal products manufacturing enterprise of ASMC Limited L...