Liquidated Azerbaijani-Finnish company to collect waste

Shareholders of the Azerbaijani-Finnish company "Kasko Waste Service" will meet on December 6, to eliminate it. Operational since 1997, this is the first private company to collect and transport can not compete with the public sector, which is in contrast to the private, receives huge subsidies from the state budget. 

Before that were eliminated two utilities: "UP Azerbaijan" (Azerbaijan-German joint venture) and "Kasko SP" (Azerbaijan-Czech Republic-Finland). Today in Azerbaijan, there is only one utility company - "ADES" (Azerbaijan-Germany). 

The founder of the company "Kasko Waste Service" is one of the Finnish companies, as well as two private Azerbaijani companies (only 80% of shares) and the State Committee on Property (20%.) - 

Ltd. "Kasko Waste Service" was included in the household waste collection market with two waste collection facilities and worked in the Yasamal and Sabail district. 

At the time, the company had 500 employees. Today, the company listed about 10 people. The company's shareholders fail to cover the losses, as the tariffs for the collection and transportation of waste in Azerbaijan did not meet the market demand, according to the board of SIA "Kasko Waste Service". 

Over the past 5 years, the government of Azerbaijan has purchased from China hundreds of garbage trucks and containers. They were referred to the use of public services by local executive bodies. - 08B-