Capital of a large group of rural companies has decreased in Azerbaijan

16:58 - 28.09.2023


September 28, Fineko/abc.az. Although the authorized capital of Agro Food Investments LLC, a group of companies operating in the field of horticulture in Azerbaijan, has been reduced, the capital of its member company has been increased.

ABC.AZ reports that the authorized capital of Agro Food Investments reduced by 9,163,326 manats, or 4.5%, to 193,025,487 manats.

The authorized capital of Grand-Agro LLC, which is under its management, on the contrary, has increased. Thus, the authorized capital of this company grew by 4.5 million manats or 8%, amounting to AZN 61.06 million.

Agro Food Investment’s portfolio includes Azərşəkər LLC, Yalama Aqro Park LLC, Grand-Agro LLC, Grand-Agro Invitro LLC, Grand Logistic Center LLC and Shamkir Agropark.