Capital of AZN 60.4 million withdrawn from state company


November 19, Fineko/ The authorized capital of state company Agroservice OJSC, which provides agriculture with means of production in Azerbaijan, has been reduced.

The size of the authorized capital of the agricultural company decreased by AZN 60.38 million, or by 14.7%.

Thus, company’s authorized capital was lowered from AZN 411.976 million to AZN 351.599 million.
Agroservice OJSC was called Agroleasing OJSC until August 2020. On this date, the Azerbaijan president signed a decree, renamed the state institution and transferred the leasing authority to AKIA.