STP Group of Companies’ Subsidiary - among the leading exporters

Statistical data on the performance of non-state exporters in Azerbaijan’s non-oil sector for the period from January to August 2025 demonstrates significant progress in the country’s economic development. According to the State Customs Committee, compared to the same period of the last year, non-oil exports have shown dynamic growth. The subsidiary of STP Group of Companies — STP Aluminium LLC — has strengthened its position and entered the top ten of this ranking.

While in January–August 2024 the company’s export volume amounted to only USD 12.99 million, during the same period of the current year this figure increased to USD 25.8 million. Such a considerable rise in a short time is a clear indicator not only of STP Group’s production potential but also of the company’s substantial contribution to the development of Azerbaijan’s non-oil export.

The success of the STP Group subsidiary is primarily attributed to its adoption of modern production technologies, adherence to high quality standards and a product range that meets the demands of global markets. STP Aluminium LLC mainly specializes in the production of aluminum profiles and semi-finished materials. The company’s products enjoy high demand in the domestic market and continue to strengthen their competitiveness abroad.

This achievement serves as tangible proof of the effectiveness of Azerbaijan’s industrial policy, aimed at diversifying the non-oil sector and supporting export-oriented manufacturing. The rapid development of private sector representatives such as STP Group contributes to the sustainable growth of the national economy, the expansion of non-oil export geography, and the strengthening of the “Made in Azerbaijan” brand image.

STP Group of Companies' representative emphasized that these achievements were only the beginning. In the coming years, the company’s key priorities will remain expanding production capacity, diversifying its product range and entering new export markets — particularly in Europe, the Middle East, and Central Asia.