Azeri Post mat switch to joint-stock company

Azeri Post mat switch to joint-stock company
# 09 October 2008 11:55 (UTC +04:00)
Baku. Ilhama Isabalayeva – APA-Economics. Azeri Post may switch to a joint stock company in 3-5 years, said Novruz Mammadov, Director of the Unit.
Azeri Post is a state-owned postal network unit under the Ministry of Communications and Information Technologies.
He added that the World Bank recommended privatization of Azeri Post while this issue is not on agenda now.
“Azeri Post may also switch to a joint stock company because postal authority has this legal status in some countries. Only 3-4 countries privatized postal service,” he added.
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THE OPERATION IS BEING PERFORMED