Government puts ARK Tekstil up for privatization


November 23, Fineko/ The State Service for Property Issues under the Ministry of Economy draws ASK Tekstil LLC to privatization.

ABC.AZ reports that currently, work has begun with the participation of a consulting company to determine the authorized capital of the enterprise, as well as its market (investment) value.

"In order to attract influential strategic investors to the privatization of the enterprise, appeals were sent to foreign companies and detailed information about the enterprise was provided," the Service informs.

The State Service has appealed to more than 30 foreign companies with a request to participate in the privatization of ASK Tekstil LLC.