State Property Committee (SPC) for the third time in the last 9 months set for Investment Competition 99.96% stake in JSC Gence Menzil Tikinti, created in the early 2000s on the basis of Ganja building plant. Each time, the conditions are mitigated to the applicants.
Under the terms of the contest, the winner can change the profile of the company. To acquire shares, applicants should submit a proposal for the transfer to the state budget of at least 550,000 manat 300,000 manat less than required in the past year.
Ganja building factory has been in operation since 1979. It occupies 3.1 hectares of land. State Property Committee in defiance of the law, does not provide information about the characteristics of the enterprise structures, where the number of employees 4.
Liabilities Company (520,000 manat) two times its accounts receivable.
The authorized capital of JSC Gence Menzil Tikinti is 2,697,092.8 manat. - 08D-
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