Extra money invested in this company – its authorized capital increased


November 26, Fineko/abc.az. AZ FP CO LTD LLC (Azerbaijan Food & Packaging Company), which is one of the participants in the food market of Azerbaijan (FMCG), wants to strengthen its position in the market.
ABC.AZ reports that authorized capital of the company, known in the dairy products market Milla, increased by AZN 1.503 million, or 8.4%. Thus, the authorized capital of AZ PHP CO LTD was increased from AZN 19.48 million up to AZN 17.978 million. The money was invested in the company three months ago. During the reported term the authorized capital was increased by AZN 7 million, or 64%.