Azerbaijani barter company to work with 200 companies
Azerbaijan, Baku, Nov. 7 / Trend , M.Aliyev/
On Nov. 9, the first barter company in Azerbaijan - Azbarter LLC will attract some enterprises to conduct barter operations, the company's Founder and President Khayal Mammadkhanli said at the presentation Azbarter's activities.
He said the company has already defined a primary list of companies with which Azbarter will work. It includes about 200 most sustainable companies.
Azbarter LLC was registered on Sept. 9, 2009 and will provide member companies with necessary goods and services through barter.
Companies, being member of Azbarter, will have to pay a monthly fee worth $20-30 manat. Barter commissions for each transaction amount to four percent of the cost of goods and services.
"Mostly, construction, IT, real estate and advertising fields in Azerbaijan are interested in barter. However, we intend to cover almost all spheres of the economy," said Mammadkhanli.
President of Azbarter also said that it will be possible to conduct barter transactions online in the near future.