Several state property facilities privatized in Azerbaijan through new auction

By Trend

The State Committee on Property Issues under the Azerbaijani Ministry of Economy held a new auction, during which 9 state property facilities were privatized, Trend reports referring to a source in the committee.

According to the source, the privatized facilities include 8 vehicles and 1 state-owned package of shares in Barda Karpic OJSC, which is located in the Barda district.

The source said that interested participants can visit the website for the provision of property services of the State Property Service of Azerbaijan on the day of the auction, as well as observe it without registration online.

All those wishing to partake in the auction on the official website of the committee (emlak.gov.az) or on the privatization portal (privatization.az) must, after registering, pay a deposit of 10 percent of the initial auction price of the object, thereby obtaining the status of the customer.

On the day of the auction, bidding can be joined by selecting the section ‘Electronic auction’ on the e-services portal (e-emdk.gov.az).