10:51 - 12.05.2025

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May 12, Fineko/abc.az. The authorized capital of open joint-stock company European Tobacco-Baku, a manufacturer of cigarettes in Azerbaijan, has sharply decreased.

ABC.AZ informs that company’s authorized capital was lowered from 44.635 million manats to 134,000 manats.

Earlier, the company made an announcement about the reduction.

European Tobacco-Baku was established in 2001 and is the leading producer of tobacco products in the country.