Once the largest construction company in Azerbaijan offered for investment competition
The State Committee on Property announced on January 21 an investment competition for sale of 99.34 % stake in JSC Azersenayetikinti. The joint-stock company was established on the basis of once the largest contractor for civil and industrial construction of the State Company Azersenayetikinti.
Now, on the balance of the Company are headquartered in Baku ( rimanov str Ashiq Ali , 7/ 19) and only one construction company of dozens of industrial and construction enterprises of the former state-owned companies . For the acquisition of 99.34 % ( 41,945 shares) shares of investors is sufficient to provide 35,000 manat. The investor should also restore actually obankrochennogo enterprises. The enterprise including 20 workers who have acquired 0.66 % of its shares .
With authorized capital of 84 450 manat Azersenayetikinti has creditor debts amounting to 35.2 thousand manats.
JSC Azersenayetikinti was established in December 1999 and 100 % of its shares were reserved for the state. In April 2010, the JSC was open to privatization. The State Property Committee does not provide information about the sold enterprises of this JSC. In fact, nothing except the name has remained at the old JSC. - 08D-
Economics
-
Azerbaijani President Ilham Aliyev inspected a fleet of specialized municipal service vehicles in Baku on Thursday, as part of efforts to modernize urban infrastructure and improve environmental sustainability.
-
Azerbaijan's National Depository Center (NDC) has announced a series of strategic goals and digital innovations for 2024-2026, aimed at fostering trust, expanding market access, and diversifying investment instruments in the country’s capital markets.
-
The payment method used in Baku's public buses, which operates via a mobile phone app and QR code activated by the M10 program, creates difficulties for passengers, economist Samir Aliyev stated on Facebook.
-
Starting next year, the Azerbaijani government will adopt a new policy towards entrepreneurs who export domestic products abroad but fail to return a portion of their earnings to the country. This issue often concerns Azerbaijani tomatoes sold in Russia. According to National Bank Chairman Taleh Kazimov, decisions to penalize such entrepreneurs will no longer be made without a thorough investigation into the reasons behind the failure to repatriate earnings.
Leave a review