KOBIA-run company’s authorized capital increased


September 23, Fineko/abc.az. The authorized capital of Birgə Invest LLC, owned by the Agency for the Development of Small & Medium-sized Businesses (KOBIA) under the Ministry of Economy, increased by AZN 400,000 or by 16%.

ABC.AZ reports that company's capital grew from AZN 2.5 million up to AZN 2.9 million.

Birgə Invest was created in November 2019 under name ‘Convenient trustful cooperation in business development’, and in April of this year it was rebranded. The commercial organization is one of the coordinators of Prosperous Absheron Project, implemented with the support of KOBIA.