12:01 - 12.09.2024

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September 12, Fineko/abc.az. The authorized capital of Sumgayit Technology Park (STP) LLC has been increased for the fourth time this year up to 700 million manats.

ABC.AZ reports that STP authorized capital has increased by 384,504,000 manats (384.5 million manats), or by 122.8%, since the beginning of 2024.

Thus, the authorized capital has been increased up to 697,554,346 manats. By the beginning of the year, its authorized capital amounted to 313,050,346 mandates.

The STP company was established in 2012. The company is a resident of Sumgait Chemical Industrial Park LLC, owned by the Ministry of Economy. Its head is Hijran Valekhov.