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About 250 small enterprises privatized in Azerbaijan for last four months

Business Materials 6 May 2009 16:19 (UTC +04:00)

Azerbaijan, Baku, May 6 / Trend , N. Ismayilova/

About 250 small enterprises and facilities and land plots with 190 facilities were privatized in Azerbaijan for the last four months, the State Committee for Property Management said.

Four joint stock companies have been founded as a result. Shares of 21 joint stock company were privatized in 16 auctions.

About 30 million manat were invested in privatized enterprises by winners of the tenders.

Roughly 430 million manat were invested in 82 enterprises privatized through investment tenders. Over 12,500 jobs were created.

Ceyranbatan Sutikintitechizat, Imishli Yol Tikinti and Respublika Stomatologi Merkezi were also privatized during this period.

As of May 1, 2008, about 23.6 million public privatization vouchers and 10 million privatization options were issued.

On May 6, the official exchange rate is 0. 8036 manat to $1

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