“Azercosmos”, “Aztelecom”, and “Baku Telephone Communication” removed from management of Azerbaijan Investment Holding

# 12:08
27 April 2021

A change has been made in the “List of state-owned companies and enterprises, as well as business entities with a state share, to be given to the management of Azerbaijan Investment Holding”, confirmed with Decree #1174 of the President of the Republic of Azerbaijan dated November 5, 2020, APA reports.

According to the Decree signed by Azerbaijani President Ilham Aliyev, “Azercosmos” Open Joint Stock Company, “Aztelecom” Limited Liability Company, and “Baku Telecom Communication” Limited Liability Company have been removed from the management of Azerbaijan Investment Holding.

Cabinet of Ministers has been instructed to solve issues arising from the Decree.