By Trend

The State Service for Property Issues under the Azerbaijani Ministry of Economy has held a regular auction for the privatization of state property, Trend reported citing the Ministry of Economy.

According to the ministry, three small state-owned enterprises and facilities were privatized.

The privatized facilities are located in Azerbaijan’s Imishli, Lankaran and Ismayilli regions.

It is expected that 67,500 manat ($39,729) will go to the state budget as a result of the auction.

The next auctions for the privatization of state property are scheduled for May 17.