Astaraçay authorized capital increased

17:11 - 5.06.2024

June 5, Fineko/ The authorized capital of Astaraçay LLC has been increased up to 5.1 million manats.

ABC.AZ reports that company’s authorized capital was increased by 3,530 manats, or 3-fold.

Astaraçay LLC is a manufacturer of tea brands Astaraçay, AzTea and Filli.

The raw tea leaves used for tea production are harvested from our tea plantations located in the subtropical regions of Azerbaijan — the Astara and Lankaran regions. The tea processing & packaging factory has been operating since 2015.

The company has 350 hectares of tea plantations and 23 hectares of citrus orchards. The production capacity of the tea leaf company is 10,000 tons.