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SOCAR paid large amounts of bonuses to managers

01.07.2020,11:33


July 1, Fineko/abc.az. Over the past year SOCAR has paid remuneration for AZN 1.404 million to its top managers.

ABC.AZ reports that this information is reflected in SOCAR's consolidated financial statements for 2019.

For comparison, in 2018 SOCAR top managers were paid bonuses in the amount of AZN 1.282 million. Thus, in 2019, bonuses increased by 9.5%.

According to SOCAR reporting, company’s key managers are its president and 12 vice presidents.