Food & Beverages - Lokbatan, , Azerbaijan
The "Food Products' Procurement and Supply" Open Joint Stock Company (OJSC) is a public entity and founded on April 2016 by the relevant decree of the President of Azerbaijan. The Chairman and Deputy Chairmen of the OJSC are appointed by the President of the Republic. \\The purpose of foundation is to stimulate agricultural production and (or) processing to ensure the development of agricultural producers, to improve the quality of food products, to secure the efficient use of public funds, to improve the social welfare of the population engaged in farming, and to organize the purchase of food products with state order in a centralized manner. It carries out purchase of food products considered for procurement from producers and sellers, and deliver them to state enterprises (army, hospitals, kindergartens, etc.) and organizations. \\Directions of activities:\\- To organize purchase of food products by the state enterprises and organizations at the expense of the state budget at a centralized order;\\- To procure domestic agricultural products nationwide and organize sales and consumption in the domestic market;\\- To organize sales of products that are more than demanded through the available sale channels in foreign countries with the aim of promoting export;\\- To participate in socially oriented, local and international projects to promote healthy nutrition of the population.\\Initially, the Government of the Republic of Azerbaijan will be the owner of all the shares. However, 49 percent of the shares will be offered to investors on the stock exchange.\\The company is operated by the Head Office with Central Warehouse and Logistics Center. The daily loading/unloading capacities of the Company facilities are 470 metric ton. The company owns 49 Cargo Trucks.\\The Chairman of the company is Mr. Ablulfat Godjayev.
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