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Azerbaijan Electronics intends to penetrate international stock markets in a few years

Azerbaijan Electronics intends to penetrate international stock markets in a few years

23 February 2009 14:22 (UTC +04:00)

Baku. Aynur Veliyeva - APA-Economics. Azerbaijan Electronics (AZEL) will switch to the Open Joint Stock Company by the end or this year or during next year, said Igor Yakovenko, Chairman of the Supervisory Board of the Company.
According to prospective plans, the company to get its shares quoted on an exchange.
He said the companyâ€™s shares will be placed on the domestic and foreign stock exchanges in five years.
â€œAt present, our company has a high credit rating and a rating agency Dan & Bradstreet is evaluating it,â€ he added.
AZEL has been in operation since 1991.

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