12:29 - 11.03.2026

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March 11, Fineko/abc.az. Sumqayit Tekstil LLC has announced a reduction in its authorized capital by 4.662 million manats, or 46.1%, from 10.112 million manats to 5.45 million manats.

ABC.AZ informs, referring to Vergiler (a newspaper of the State Tax Service) that the State Service for Property Issues (under the Ministry of Economy) privatized Sumqayit Tekstil in August 2023. The winner of the investment competition announced in this regard was Sumgait Technology Park LLC.