Enterprise of SOCAR Exposed to Privatization

The State Committee for Property Affairs of Azerbaijan has announced a new auction, to which an enterprise of SOCAR Department of Marketing & Economic Operations is exposed.

This is the first non-core facility of SOCAR, which has been offered to investors since 2005. Prior to that, on cash and voucher auctions several enterprises of SOCAR, mainly of the building profile, were sold.

Investors are given the opportunity to buy objects in the form of small enterprises located in 10 regions of the country on April 4 (https://goo.gl/qMNPKK). Among them there is a subsidiary farming of SOCAR in the Imishli region.

The property of the subsidiary farm occupies 533 square meters. It is estimated at 40 thousand manat. The farm has about 19 hectares of cultivated area, which is for sale at the price of 460 thousand manat. The farm has no workers.

But the medical staff and other employees of dental clinic №1 of Sumgait city must pay the state not less than 412 thousand manat. Eighty-five people work there.   -----08D

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