Azerbaijan: 30% of Zagatala Tobacco Plant Shares are Sold

Source from:  Azerbaijan Business Center 01/28/2014

The State Committee for Property Issues of Azerbaijan declared the results of the investment tender for 30% of Zagatala tobacco plant shares (Zaqatala-Tütün OJSC).

According to the Committee, 2 private persons participated in the tender. One of them has become a winner. As a result, the investor plans to create 20 new working places at the plant and invest AZN 450,000 during 6 months into its development. The investor paid AZN 35,000 to the government for the shares. Enditem