Capital of a company, established 10 months ago, exceeds 642.5 million manats

16:56 - 7.10.2024


October 7, Fineko/abc.az. The authorized capital of Azerbaijan Industrial Group LLC, founded in August last year, has been sharply increased.

ABC.AZ reports that when the company was founded last year, its authorized capital was 304,346,346 manats.

Since Q3 of 2024, company's authorized capital has been increased by 338,184,000 manats, or 2.1-fold, up to 642,530,346 manats.

Azerbaijan Industrial Group LLC was registered in August 2023.

The director of the company is Azer Sadigov who previously worked at PASHA Holding LLC and at STP.