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Azerbaijan to organize privatization auctions

Economy Materials 5 January 2022 21:01 (UTC +04:00)
Azerbaijan to organize privatization auctions

BAKU, Azerbaijan, Jan. 5

By Nazrin Israfilova - Trend:

The State Service on Property Issues under the Azerbaijani Ministry of Economy will organize auctions for privatization on January 25 and February 1, Trend reports with reference to the Azerbaijani Ministry of Economy.

According to the message, 13 joint-stock companies and 26 cars will be put up for auction on January 25 while 22 cars - for an auction on February 1.

Among the joint-stock companies put up for auction are poultry farms, agrochemical enterprises, transport companies, companies rendering repair and maintenance services. Among such joint-stock companies are Kurdamir Agrotekhservice, Azinterservice, Bilasuvar Broiler, Yevlakh Grain and other joint-stock companies.

Those wishing to participate in privatization auctions can choose the state property put up for auction on the official website of the State Service on Property Issues or on the privatization website.

It is possible to pass registration as a participant in the auction by selecting the appropriate auction service on the electronic service's website by paying 10 percent of the initial auction price of state property. The buyers can also join online.

On the day of the auction, those interested in the process can watch the auctions without registration by visiting the real estate management services and selecting the "Electronic auction" section on the website of the State Service on Property Issues.

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