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Azerbaijani State Committee on State Property Management Announces Number of Privatized Enterprises for January-September

Business Materials 25 October 2007 16:05 (UTC +04:00)

Azerbaijan, Baku / Trend corr. U. Ismaylova / About 1,600 small-scale enterprises had been privatized in Azerbaijan during January-September, the Azerbaijani State Committee on State Property Management reported.

A total of 115 enterprises in healthcare, education, sports, and cultural spheres were privatized. Some AZN 2.2mln were invested into the State Budget.

Some 500 violations in property use were revealed. Warning letters were submitted to 900 owners in response to these violations.

A total of thirty-nine small-scale enterprises have been transformed into special properties.

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