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Targol Investment sold its shares to Azerboru JSC, Heydar Babayev

Business Materials 2 March 2006 17:10 (UTC +04:00)

British Targol Investment, privatized Azerboru JSC ( the former Sumgayit tube-rolling plant), sold its shares at the plant to other company, Trend reports quoting Heydar Babayev, the Azerbaijani Economic Development Minister, as saying on Thursday.

Targol Investment has notified the Azerbaijani government of the issue. Nevertheless, Babayev did not name the company, purchased the shares of the Targol Investment.

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