STP as a pioneer in the establishment of Technological Park in the region, is also a complex of plants qualified in different manufacturers. STP is a unique project in the region capable to satisfy the requirements of domestic market as well as foreign market.The establishment of a such an Industrial Center in Sumgait city is not only a boost in economic development of Azerbaijan, but also is a restoration of the historical traditions of Sumgait founded as an industrial center in the Caucasus.More than 4500 people are currently employed in the production and construction-installation fields of the organization. After the launch of all planned plants, 10000 people more is expected to be employed that it will help to imrpove living standarts.STP has been launched by the President of Azerbaijan Ilham Aliyev on 22nd of December 2009.
The successful development of today's economy was established as a result of our national leader Heydar Aliyev's wise and far-sighted policy since the 70s of the twentieth century. Many economic reforms has been implemented due to Mr. President Ilham Aliyev's efforts and skills, who is a successor of Heydar Aliyev's policy and so, favorable conditions for individual entrepreneurs are created. STP as a giant, multilateral enterprise was established within those conditions and plays an important role in the development of our industry. STP, which contributes to the development of a stable economy is one of the largest tax payers.
All production facilities are equipped with the best technological equipment manufactured in Europe where raw materials are imported from the leading European countries.Currently STP occupies about 250 ha of land and it's planned to expand further.All factories are equipped with latest laboratories manufactured predominantly in western Europe and accredited to AZS ISO/IEC 17025-2009 standard. Manufactured products has a certificates of compliance where Quality Management System was certified to ISO 9001.