Inter Glass ASC is an Azerbaijani glass manufacturing company created in December 2008., The Business Year magazine (Retrieved August 22, 2013) According to the company, it is one of the biggest glass producers in the Caucasus region.
Company overview
Products and services The company makes over 70 different kinds of glass bottles.
Location The company is located at 25, Salyan Highway, Baku, Azerbaijan.“INTER GLASS ASC”, AzerbaijanYP.com Azerbaijan Business Directory (Retrieved August 22, 2013)
Financial The company's production is estimated at 85 million units per year., The Business Year magazine (Retrieved August 22, 2013) In 2008, the International Bank of Azerbaijan funded construction of an Inter Glass factory in the amount of $5 million Euro.THE INTERNATIONAL BANK OF THE REPUBLIC OF AZERBAIJAN: International Financial Reporting Standards Consolidated Financial Statements and Independent Auditor’s Report , December 31, 2008 (Retrieved August 22, 2013)
People and history
People The Director of the company is Fariz Muradov.
As of April 2012, the CEO of the company was Alis Muradov."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)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)
History The company owns a subsidiary called Inter Glass Georgia. Sixty percent of Inter Glass Georgia is owned by Inter Glass, with the other 40 percent owned by a Georgian gas company.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) Inter Glass Georgia in 2012 began construction of a new plant in Khashuri, Georgia worth over US$18 million.Esmerk, “Georgia: Inter Glass Georgia to build glass plant”, Business Georgia, April 25, 2012 (Retrieved via Nexis on August 22, 2013) Inter Glass started another business called Brickwork House Construction Ltd. in 2009. It invested $52 million AZN into a new glass production plant.“Advanced export-oriented glasshouse appears at construction market of Azerbaijan” , ABC.az, April 2, 2009 (Retrieved August 22, 2013) Inter Glass also has a plant in Tokmok in the Chüy region of Kyrgyzstan that was opened in 2012.“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)
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