Baku Bus to Pay PASHA Sigorta Over 1.2 Million AZN

Ltd Baku Bus announced the winner of the tender for the insurance of their buses.

According to the information of State Procurement Agency, it is the company PASHA Sigorta. A contract worth 1 million 204.38 thousand manats has been signed with it.

Subordinated to the Executive Power of Baku, LLC Baku Bus was founded in April 2014, based on the decision of the Cabinet of Ministers of Azerbaijan Republic with the intention of bringing bus transport services Baku in line with international standards and to ensure the safety of passenger transportation.

The insurance company PASHA Sigorta is part of Pasha Holding since July 2006. Its authorized capital is 50 million AZN.

By September 1, it collected 46 million 34.88 thousand manats with payments of 19 million 361.95 thousand manats, which provided its leadership in this segment of the financial market. --17D-

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