Another company set up in Azerbaijan


March 2, Fineko/abc.az. The State Tax Service under the Ministry of Economy of Azerbaijan has registered one more company - Masdar Azerbaijan LLC.

ABC.AZ reports that the company was registered on 25 February 2021 with authorized capital of 100 manats.

In January 2020 the Ministry of Energy of Azerbaijan and Masdar Company (UAE) signed an executive agreement on the construction of a solar power plant.

Other agreements concerning the project implementation are to be signed with the company this March.

By Elmir Murad