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Cancellation of contracts between Azeri gov’t, Bayva not to result in staff cut вЂ" Bayva President assures

Politics Materials 6 December 2005 13:24 (UTC +04:00)
Cancellation of contracts between Azeri gov’t, Bayva not to result in staff cut вЂ" Bayva President assures

No cut in personnel will be carried out following the cancellation of agreements on the management of the joint stock companies Ganjaelektikshebeke and Alibayramlielektrikshebeke, concluded between the Azerbaijani Ministry of Economic Development and Baki Yuksek Gerginlikli Elektrik Avadanliglari (Bayva-Enerji), Khagani Aliyev, the President of Bayva-Enerji, told Trend.

Azerbaijani President Ilham Aliyev signed on Monday a decree on the cancellation of right for management over Ganjaelektrikshebeke and Ailbayramlielectrikshebeke. Thus, JSCs have been given to the disposal of Рђzerenerji since the liquidation of the agreement.

“At present the JSC employs approximately 7,000 employees and after completion of acceptance work, they will become employees of Аzerenerji. The cancellation of the agreement will not affect on their work,” he underlined.

Aliyev said that within a month the work on acceptance will be complete. “In this period we will carry out work jointly with Аzerenerji, which is committed to take measures for efficient management of both JSCs, improve energy supply of the nearby cities and districts, increase collection of energy collection,” the President of Bayva-Enerji.

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