The 27 September auction sold 13 small businesses and the shares of 3 JSCs, Turan was told in the State Committee for Property Affairs.
Only four of the privatized enterprises and small facilities are located in Baku. Investors have shown big interest in the objects in the regions of the country.
The next auction will be held on October 11, in which investors are offered 85 state enterprises and objects, including from 30% to 45% of the shares of 30 joint-stock companies.
To participate in the auction, applicants can apply through the e-government portal. -------08D
Economics
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
-
The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
Leave a review