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44% of total privatization vouchers number is written off since start-up of privatization in Azerbaijan

Business Materials 9 January 2006 15:09 (UTC +04:00)

Since the start-up of the privatization process in the country, from 1997 up to now, 89 specialized voucher auctions have been held at the result of which a certain number of shares of the 466 Joint Stock Companies (JSC) has been realized. During this period 14 million of privatization vouchers have been written off, which makes 44% from the total number of the vouchers granted to the population, Trend reports, citing the press-release of the State Committee on Property Management.

The first specialized voucher auction in 2006 (the 90-th one) will be held from the 7-th to 11-th February. Stocks of 10 JSC will be placed. Only one of them is located in Baku, the rest are in the regions of Azerbaijan (Рљyurdamir, Salyan, Lenkoran, Ali-Bayramli, Hachmaz, Tovuz, Terter and Shamkir. Three enterprises are in the building sector, three- in agriculture, the rest cover transport, production, industry.

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