30,5 mln. AZN Sent to the State Budget from Privatization

Business Materials 18 December 2006 17:04 (UTC +04:00)

Over the past eleven months of 2006, 30,5 mln. AZn have been allotted to the State Budget from the privatization of state property in the country, Trend reports referring to a message spread by the State property Committee.

In the reporting period, totally 50 auctions were held within the privatization period on selling shares of the joint stock companies. 180 joint stock enterprises were sold in this period.

In January-November, 2007, 2,900 small-scale state-run enterprises and facilities were privatized.

Die to the measures taken to speed up the privatization in the country, 300 premises have been privatized.

To ensure efficiency in the privatization, four departments of the State Committee has launched their activity in Baku and other 19 in the regions of the country.