State Committee for Property Affairs announced a tender for selection of consultant for the privatization of state-owned shares in JSC Azerboru. Over 97% of the shares of this company were sold in 2004-2006 to British company Targol Limited, but the contract was canceled due to non-fulfillment of obligations.
The consultant should prepare a package of documents for the tender for the sale of investment shares and evaluate its financial and economic activities. GKVI need assistance to maintain or change the profile of the pipe business, the volume of investment, etc. The cost of participation in the tender is 1,000 manat. The applicants themselves determine the value of their services.
Applications of candidates submitted to the 9th of January, and bids - January 17, 2013.
JSC Azerboru was established on the basis of Sumgait Pipe Plant. About 3% of the shares are owned by about 1,700 members of the workforce. In 2011, the company made about 100,000 tons of oil pipes on the basis of cooperation with Russia. - 08D-
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