15:35 - 10.02.2023
February 10, Fineko/abc.az. The revenues of state-owned companies transferred to the management of the Azerbaijani Investment Holding have increased sharply over the past 2 years, ABC.AZ reports quoting Economy Minister Mikail Jabbarov.
He added that if in 2020 the total revenue of the holding's portfolio companies amounted to AZN 50 bn, then in 2022 this figure reached AZN 120 bn.
The minister admitted that the situation is not the same for all these enterprises: "Naturally, SOCAR's share is larger. But we see that the indicators are steadily improving in other large companies, including AZAL, Azerbaijan Railways (ADY), the Caspian Shipping Company."
