Hell Energy expands in Azerbaijan

Hungarian energy drinks brand, Hell Energy, is planning to build a new plant in Azerbaijan.

According to the Hungarian minister of foreign affairs and trade, Péter Szijjártó, the foundations for “another joint success story” of the two countries have been laid with the signing of an agreement between the Hell Energy Group and a local investment company, under which the two companies plan to jointly invest $211 million to set up the production unit in the South Caucasus state.

The plant, which is expected to be completed in 2025, will produce between 700 and 800 million cans per year, and will have the capacity to fill 350-400 million of those, Szijjártó added.