Azerbaijani-Georgian joint venture will offer its products to European market

Tbilisi. 6 February. REPORT.AZ/ Azerbaijan-Georgia joint venture AG Microelectronics located in Rustavi city will sell its products in Europe.

Report’s Georgian bureau informs, tax exemption agreement for import and export operations between Georgia and European Union will facilitate this process.

AG Microelectronics finance director Iosif Mazmishvili in his interview to Report’s Georgian bureau, told that since its establishment in 2013 the enterprise produces LED bulbs, LED televisions, TV Box and spare parts for digital devices, decorative lamps, as well as 7 and 9 Vat electric bulbs with luminosity capacity equal to 100 Vat normal bulbs.

The enterprise imports screens and other parts of televisions from Korea. The prices of these televisions changes depending on size and quality. End products are mostly sold in Georgia, while small part in Azerbaijan.