BAKU, Azerbaijan, April 12. The State Service on Property Issues under Azerbaijan's Ministry of Economy has held a regular auction for state property privatization, Trend reports citing the ministry.
According to the ministry, 12 vehicles were privatized following the results of the auction.
As in previous auctions, great interest was shown in the purchase of vehicles. The offer for one of the vehicles exceeded the starting price by 4.33 times. QAZ 2411 car with a start price of 300 manat ($176.4) was purchased for 1,300 manat ($760).
Another car (ZIL 441510) was bought for 1,415 manat ($830) with a starting price of 700 manat ($411.7).