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Azerbaijan registers Agroservice Company

Business Materials 9 February 2010 19:04 (UTC +04:00)

Azerbaijan, Baku, Feb.9. / Trend N. Ismayilova /

Azerbaijan registered the "AĞSTAFA AGROSERVİS" company, construction of which is implemented by the Azerbaijani Investment Company (AIC) and the German RAO Global Group, the Azerbaijani Taxes Ministry said  

The Ministry registered the company Jan.18, 2010.

The company founder is RAO Global Group GmbH

The company's official representative is Aslan Ibragimov

Construction of the agro service company is estimated in amount of 3,000,000 euro

The authorized capital will hit about 1,000,000 euro including where the company's share hit 25 percent.

The enterprise will render agro technical services to the Agstafa and other neighboring regions

The construction will launch in the first quarter of 2010 and will complete at the same period of 2011

The company will attract loans from the European bank for implementation of the project

Feb.9, the official exchange rate is 0.8034 manat to $1.

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