Employees of "Azenco and STP not paid salary

About 8,000 employees of Azenco and Sumgait Technology Park (STP) can not receive a salary for January and February.

The companies belonging to the ruling family do not comment on the reasons for the financial problems.

One of the employees of Azenco, working on the construction of high-voltage power lines, told Turan they get miserable wages of 250 manat per month. In addition to the salary, they are charged 5 manat for travel per day.

"We can not raise their voice because everyone is afraid of losing his job," said the young man who refused to introduce himself.

A similar situation exists in the STP. Here, the average monthly wage is about 400 manat.

The Deputy Chief of the General Division of Azenco Mirza Mirzoev declined to identify the causes of the long delays in the payment of wages, who asked to contact the company in writing.

JSC Azenco is owned by Interenergy. In December 2009, it won a tender to sell 97.5 % stake of Azenco. STP is part of a single group of Azenco. Assets of Azenco in 2009 were estimated at $ 500 million. - 08B -
 

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