Hell Energy Group will sign an agreement on the project with the Azerbaijan Investment Company, Szijjártó said.

The plant, expected to be completed in 2025, will turn out 700 million-800 million cans a year and have the capacity to fill 350 million-400 million of those, he added.

Hell Energy's turnover rose by about 50% last year, and around two-thirds came from exports, he noted.