Leading agro-industrial group announces creation of new company by separation

"Agro Food Investments" LLC, a part of "PASHA Group", announced https://vergiler.az/news_print.php?announcement_id=71709 on June 8 the reorganization by means of separation and creation of a new legal entity - "Agro Pro Group" LLC. Founded in August 2018, "Agro Food Investments" LLC https://agrofoodinvest.az/ (INN: 1404315581) is one of Azerbaijan's leading agribusiness groups. The group consists of "Agrarco", "Azrose", "Grand Agro", "Grand Agro-Invitro", "Azbadam", "Lecheq Farm and Distillery", "Aqrovest", "S?mkir Agropark", "Yalama Agropark", "Grand Logistics Center", "Baku Agropark", "Astara Çay", "Az?rs?k?r" etc. These companies are engaged in hazelnut and almond processing, production of olive oil, tea, seedlings and sprouts, processing of essential oils, cultivation and processing of flowers in covered and open air, cultivation of tomatoes in greenhouse conditions. The companies manage thousands of hectares of hazelnut, almond, olive, apple and mixed orchards. The group has also entered additional business areas such as logistics, warehousing, dry and cold storage and laboratories. Recall that the share capital of "Agro Food Investments" LLC exceeds AZN 200 million. Mejnun Mammadov, the previous head of the group, has been appointed Agriculture Minister of Azerbaijan

Source: Turan News Agency

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