"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.*

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Issue: March, 7, 2001


POLITICS

UN Secretary General makes statement on Women’s Day


ECONOMICS

SOCAR to export 145,000 tons of crude in March

Russia appoints new co-chair of inter-governmental commission

Azercell signs new loan agreement

Azerbaijan Entrepreneurs Confederation includes over 600 members

"Azersun Holding" privatizes Lankaran tea factory

Electronic tokens to be introduced since late March

$1bn in population’s hands


HEALTH

TB rate rising


CULTURE

Women's Day exhibition

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