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Azerbaijan puts chemical enterprise on sale by investment contest

04 October 2010 10:05 (UTC +04:00)

The quantity of the shares is 3 766 106, issue volume is AZN 7 532 212 and par value is AZN 2.
The participants have to submit the investment program with showing of direction, sum and term of investments to achieve the production meeting the modern standards.
The offers on the organization of production requiring at the local markets and exporting production, application of techniques have to be noted at the program. At the same time launching of new work places must be noted there.
The winners must submit the state checks in 30 days, transfer the offered sum to the state budget in 90 days and implement the payments on debts and salaries in 90 days since he signed a transaction contract. At the same time he has to transfer the 5% of determined investment to the companyâ€™s account in 90 days.
The documents and offers will be accepted until November 1, 2010. Offer develops will be opened on November 3.