12:40 - 15.08.2025

---

August 15, Fineko/abc.az. The preferential sale of shares of Surakhani Machine-Building Plant OJSC to the labor collective has started.

ABC.AZ reports that the enterprise with authorized capital of 18.84 million manats issued 9.42 million shares. The number of shares offered for preferential sale is 1.413 million shares (15% of the issued shares or 2.826 million manats), the nominal value of one share is 2 manats. 

The following persons have the right to purchase discounted shares:
- employees, whose main place of work is this enterprise;
- persons, who have the right to return to their former place of work at this enterprise in accordance with the legislation of the Republic of Azerbaijan;
- persons, who have worked for more than 7 (seven) years at a privatized enterprise and retired from this enterprise;
- persons, who were released from work and received the status of unemployed because of reduction in the number or staff of employees after January 1, 1995.
Applications for preferential sale are accepted by the privatization commission operating at the enterprise from September 23 to October 17, 2025.
Members of the labor collective and persons equated to them who wish to participate in the preferential sale are required to open a deposit account with investment companies in accordance with the Law on the Securities Market.