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Azerbaijan holds regular auction on state property privatization

Economy Materials 14 September 2022 16:07 (UTC +04:00)
Azerbaijan holds regular auction on state property privatization
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 14. The State Service on Property Issues under the Azerbaijani Ministry of Economy held a regular auction for the privatization of state-owned property on September 13, Trend reports via the Ministry of Economy.

According to the ministry, 20 vehicles were privatized following the results of the auction. The offer for one of the vehicles significantly exceeded the starting price. Honda Accord vehicle with a start price of 8,000 manat ($4,705) was purchased for 20,000 manat ($11,760). Toyota Camry vehicle with a start price of 8,000 manat was purchased for 15,700 manat ($9,240).

The next auctions will be held on September 27, October 4 and 11.

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