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Azerbaijan considers putting industrial corporation up for auction

Economy Materials 2 July 2022 14:06 (UTC +04:00)
Azerbaijan considers putting industrial corporation up for auction
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, July 2. ASK Glass LLC, a subsidiary of the Azerbaijan Industrial Corporation OJSC, is to be auctioned in the near future, Head of the Department at the State Service on Property Issues under the country's Ministry of Economy Aziz Mirzayev told Trend.

According to him, the state service is conducting the final preparations for the auction.

"It's scheduled to hold another media tour before putting the company up for auction," Mirzayev said.

The corporation is being privatized following the Presidential Decree dated October 29, 2021 on privatizing several enterprises of the Azerbaijan Industrial Corporation OJSC and facilities on its balance sheet.

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