Azerbaijan auctions state enterprises with initial auction price of 900 manats up to 400,000 manats


June 11, Fineko/abc.az. The State Committee on Property Issues of Azerbaijan continues holding auctions for privatization of state property facilities.

The Committee informs that the next auction will be held on 10 July.

"The auction will set out 164 property facilities, including 97 small state-run enterprises and objects, and 67 non-residential plots. The initial auction price of the facilities which are located in Baku, Gakh, Mingachevir and other districts ranges from 900 manats to 400,000 manats," the SCPI said in a statement.