Seventeen state-owned enterprises and objects and one vehicle were sold from auctions in Baku and regions on November 15. From the privatization of these facilities the state budget received 1.2 million manat, the State Committee for Property Affairs said.
The press service of the Ministry noted that two objects were traded in a competitive environment. For example, non-residential premises in the Nasimi district of Baku at the starting price of 18,000 manat were sold for 45,000 manat.
Stakes in two ginneries and the Research Institute of Olefins were sold.
The next trading (https://goo.gl/tFQcwe) will be held on November 22. They exhibit 78 objects and shares of several companies.
The State Property Committee assures that the auctions are conducted without any outside interference, and any interested investor can participate in them. -----08D
Economics
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