Azerbaijan, Baku, Feb.21 /Trend A.Akhundov/
Ten joint-stock companies was established in the result of transformation of state enterprises in Azerbaijan in 2011, chairman of the State Committee on Property Karam Hasanov said yesterday at an enlarged meeting of the board.
It was said in a statement of committee issued on Tuesday.
"About 900 state facilities and businesses have been privatized during the small-scale privatization in 2011. The land, on which there was about 540 objects were privatized," Hasanov said.
Hasanov noted that shares of ten public companies were privatized at 23 cash and specialized cash auctions.
"Some 125.7 million manat was invested in the enterprises privatized through investment tenders in 2011," Hasanov said.
Hasanov noted that the rights of ownership for the nine state-owned enterprises privatized in recent years through investment tenders with regard to the performance of contractual obligations were granted in 2011.
"About $ 666.3 million manat is invested in 91 state-owned enterprises privatized by an investment before the January 1, 2012. They created more than 15,000 work places, and transferred additional state budget of more than 47 million manat," Hasanov said.
Official exchange rate on Feb.21 is 0.7862 AZN/USD