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Gorqud Sigorta Insurance Company to Increase Authorized Capital

Business Materials 6 September 2007 14:04 (UTC +04:00)

Azerbaijan, Baku / Trend corr. U.Ismaylova / The Insurance company of Gorqud Sigorta intends to increase its authorized capital by AZN 1.59mln. The present authorized capital makes up AZN 747,000

The company has developed corresponding documents to increase authorized capital. The document is expected to be approved on 7 September. Insurance premiums of the company made up about AZN 800,000 by 2 September.

Gorqud Sigorta was founded in April 2007 on the basis of the insurance company of Birlik Sigorta.

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