This company put up for auction


November 25, Fineko/ The State Service for Property Issues has announced an investment tender procedure for the sale of a state-run stake in Sheki Sharab LLC in the amount of AZN 3.898 million and part of the stake remaining from the preferential sale to members of the labor collective.  
ABC.AZ reports with reference to the Ministry of Economy that the authorized capital of the enterprise is AZN 4.5 million, liabilities – AZN 535,744, accounts receivable – AZN 233,245 manats. To participate in the investment tender for the privatization of the specified enterprise, applicants must submit an investment program totaling at least AZN 4.2 million, indicating the directions, amount and timing of investment, proposals for creating new jobs, introducing modern technologies into the production process, expanding the range of products.