"Azersun Holding" privatizes Lankaran tea factory

"Azersun Holding" has purchased 80% of the Lankaran tea factory in an auction, while 12% of the enterprise’s shares has been won by its staff. According to the president of “Azersun Holding” Yunus Arifoglu, $3.5 million will be invested in the enterprise initially. The company plans to allocate advantageous credits for the development of tea-growing in Azerbaijan.*