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Azerbaijan Railways to increase authorized capital by AZN 100M


Azerbaijan Railways CJSC will increase authorized capital, says the draft law on amendments to 2018 state budget.

 

According to the draft law, AZN 100 million will be directed to CJSC for reconstruction of communication and signaling system in Baku-Boyu Kasik line.

 

So, the authorized capital will be increased by 12.4% to AZN 906,061,960. 

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