Growing share capital of Era Trans
The insurance company Era Trans plans to increase the authorized share capital from 5 million 268 thousand to 5 million 700 thousand manats (7.58%).
According to the State Securities Committee (SSC) has registered the issue prospectus, the shareholders decided to use this structure conversion method, bringing the nominal value of each of the 3 million shares from 1 756 to 1 million 900 thousand manats. The issue for the number AZ1006008549 registered on April 19.
The insurance company Era Trans began operations in aprele1994.
Due to the changes in the statute and the re-registration of the company in the form of an open joint stock company in 2006, it was issued a new license for a period of 5 years, and in 2011 it received a permanent license.
The company has a branch in the city of Sumgait. - 17D-
Economics
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