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Another 80 enterprises up for privatization in Azerbaijan

Business Materials 24 October 2016 11:09 (UTC +04:00)
As many as 78 state enterprises and facilities will be put up for privatization of the State Property Issues Committee of Azerbaijan November 22, 2016
Another 80 enterprises up for privatization in Azerbaijan

Baku, Azerbaijan, Oct. 24

By Anvar Mammadov – Trend:

As many as 78 state enterprises and facilities will be put up for privatization of the State Property Issues Committee of Azerbaijan November 22, 2016, the message of the committee said Oct. 24.

The mentioned enterprises operate in the fields of cotton growing, agricultural chemistry, transport, construction and others. These enterprises are located both in Baku and other districts of Azerbaijan.

As many as 26 lots of state property to be put up for privatization in Azerbaijan comprise 30-45-percent stakes in joint stock companies. Depending on the enterprise, the nominal value of each share varies from 0.5-2 manats.

Also, as many as 36 small enterprises and facilities, including 16 non-residential areas of 13-118 square meters, will be put up for privatization.

The auction will take place at the center for holding auctions of the State Property Issues Committee of Azerbaijan.

Additional information is available on the website http://www.privatization.az/index.php/en/

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