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Azerbaijan's BCC Group sees increase in authorized capital

Finance Materials 1 December 2022 13:38 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, December 1. The authorized capital of Azerbaijan's BCC Group construction company increased, Trend reports citing the online 'Taxes' newspaper of the State Tax Service under the Ministry of Economy of Azerbaijan.

This figure grew by 35 million manat ($20.58 million) or 6.8 times, from 6 million manat ($3.5 million) to 41 million manat ($24.1 million).

BCC Group is an EPC (engineering, procurement, and construction) contractor for the design, construction, management, and maintenance of infrastructure in energy, oil and gas, petrochemical, and other industries.

Since 1997, the company has been engaged in the construction business, optimizing solutions, and providing comprehensive services in Azerbaijan and the region.

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