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Azerbaijani state service auctions off share packages

Business Materials 11 November 2020 11:07 (UTC +04:00)
Azerbaijani state service auctions off share packages

BAKU, Azerbaijan, Nov. 11

By Zeyni Jafarov - Trend:

The State Service on Property Issues under the Azerbaijani Ministry of Economy held new auction on November 10, 2020, Trend reports citing the service.

During the auction, share packages of the Shuvalan OJSC and the Shamkir Transport Expedition were privatized.

The service said that those wishing to participate in such auctions can not only place an electronic order for the selected object of the service, but also join the online auction.

Interested participants can visit the Space for the provision of property services of the State Service on Property Issues on the day of the auction, as well as observe it without registration online.

All those wishing to partake in the auction on the official website of the service (emlak.gov.az) or on the privatization.az portal must, after registering, pay a deposit of 10 percent of the initial auction price of the object, thereby obtaining the status of the customer. On the day of the auction, bidding can be joined by selecting the section ‘Electronic auction’ on the e-services portal (e-emdk.gov.az).

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