...

Fulfillment of state property privatization action plan discussed in Azerbaijan

Business Materials 27 January 2009 17:06 (UTC +04:00)

Azerbaijan, Baku, Jan. 27 / Trend , I.Khalilova/

In 2008, 1,800 small state enterprises and outlets were privatized in Azerbaijan, ten joint-stock companies were established on the basis of medium and large state enterprises, State Committee on State Property Management chairman Karam Hasanov said at an expanded board meeting on the 2008 outcomes. A total of 1,677 small enterprises and outlets were privatized in 2003, 1,954 in 2004, 2,463 in 2005, and 3,063 in 2006.

Last year, 125 joint-stock companies were privatized as a result of 60 auctions, as well as some 800 land lots under enterprises and objects, said Hasanov.

The State Committee issued roughly 2,700 certificates on selling state property to legal entities and individuals and on acquisition of ownership. During the reporting period, about 2,700 technical passports were issued to companies and outlets, he said.

Do you have any feedback? Contact our journalist at [email protected]

Latest

Latest