The group of companies Delta Group Co announced reorganization, which resulted in 5 of its companies merged with the parent company.
The merger of the three companies is involved in the production of bakery products, pasta and chocolate (Industrial Food Complex Bismak, Saglam Qida Co and Unlu Qida), as well as distribution and trading (Delta Import and Crystal Trading).
The group of companies Delta Group Co was established in 1999 and today the number of its employees reaches 1,000 people. It is "one of the largest holding companies" engaged in the activities of not only the distribution but also the production of products, according to the corporate website of the group. The distribution network of the company is represented in 10 regions of the country.
Delta Import and Crystal Trading are importers of finished food products. And the company Delta Distribution is engaged in producing delivery outlets.
Another subsidiary of the group, LLC Delta Logistics is a warehouse complex carrying out a wide range of logistics services: safekeeping, renting warehouse, handling, sorting and order picking, processing of goods for special customer requirements (unpacking, checking, repacking), pre-delivery of goods, distribution, wholesale, and much more. Total warehouse area is 10.1 thousand sq. m, and the car park includes 200 vehicles. Another logistics center operates in the city of Sumgait.
Industrial Food Complex Bismak was commissioned in Sumgait in 2005 and covers an area of 81.6 thousand m2.
Ltd Delta Group Co does not publish financial statements. ----08B
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review