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Inter Glass

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Inter Glass ASC
Company typePrivate
IndustryManufacturing
GenreGlass products
FoundedBaku, Azerbaijan (2008 (2008))
Headquarters
Baku
,
Azerbaijan
Area served
Caucasus region
Key people
  • Fariz Muradov (Director)
  • Alis Muradov (CEO)
Products
  • Glass
  • Glass bottles
Production output
Increase 85 million units
Divisions
  • Inter Glass Georgia
  • Inter Glass Kyrgyzstan

Inter Glass ASC is an Azerbaijani glass manufacturing company created in December 2008.[1] According to the company, it is one of the biggest glass producers in the Caucasus region.[1]

Company overview

Products and services

The company makes over 70 different kinds of glass bottles.[1]

Glass bottles used for soda pop

Location

The company is located at 25, Salyan Highway, Baku, Azerbaijan.[2]

A satellite image of Baku, Azerbaijan. Inter Glass is headquartered in Baku.

Financial

The company's production is estimated at around 85 million units per year.[3] In 2008, the International Bank of Azerbaijan funded construction of an Inter Glass factory in the amount of $5 million Euro.[4]

People and history

People

The Director of the company is Fariz Muradov.[1]

As of April 2012, the CEO of the company was Alis Muradov.[5][6]

History

  • The company owns a subsidiary called Inter Glass Georgia. Sixty percent of Inter Glass Georgia is owned by Inter Glas, with the other 40 percent owned by a Georgian gas company.[7]
  • Inter Glass Georgia in 2012 began construction of a new plant in Khashuri, Georgia worth over US$18 million.[8]
  • Inter Glas started another business called Brickwork House Construction Ltd. in 2009. It invested $52 million AZN into a new glass production plant.[9]
  • Inter Glass also has a plant in Tokmak in the Chuy region of Kyrgyzstan that was opened in 2012.[10]

References

  1. ^ a b c d “INTERVIEW: Fariz Muradov”, The Business Year magazine (Retrieved August 22, 2013)
  2. ^ “INTER GLASS ASC”, AzerbaijanYP.com Azerbaijan Business Directory (Retrieved August 22, 2013)
  3. ^ “REVIEW: Private Eye”, The Business Year magazine (Retrieved August 22, 2013)
  4. ^ THE INTERNATIONAL BANK OF THE REPUBLIC OF AZERBAIJAN: International Financial Reporting Standards Consolidated Financial Statements and Independent Auditor’s Report Archived 2012-07-22 at the Wayback Machine, December 31, 2008 (Retrieved August 22, 2013)
  5. ^ "Saakashvili has laid the foundation for development of the new enterprise of glass" (translated from Russian: Саакашвили заложил начало строительству нового предприятия стеклотары), Business Time Georgia, April 25, 2012 (Retrieved August 22, 2013)
  6. ^ N.Kirtzkhalia, “Saakashvili attends ceremony of start of construction of Georgian-Azerbaijani JV for glass container production”, Trend Daily Economic News, April 25, 2012 (Retrieved via Nexis on August 22, 2013)
  7. ^ N. Kirtzkhalia, “Saakashvili attends ceremony of start of construction of Georgian-Azerbaijani JV for glass container production”, Trend News Agency, April 25, 2012 (Retrieved August 22, 2013)
  8. ^ Esmerk, “Georgia: Inter Glass Georgia to build glass plant”, Business Georgia, April 25, 2012 (Retrieved via Nexis on August 22, 2013)
  9. ^ “Advanced export-oriented glasshouse appears at construction market of Azerbaijan” Archived 2013-08-22 at archive.today, ABC.az, April 2, 2009 (Retrieved August 22, 2013)
  10. ^ “Programme summary of Kyrgyz TV "Ala-Too" news 1330 gmt 20 Jun 12”, BBC Monitoring Central Asia Unit, June 21, 2012. (Retrieved via Nexis on August 22, 2013)