BAKU, Azerbaijan, April 1. "Azerbaijan
Aluminum" OJSC is being liquidated, Trend reports.
This is reflected in a decree on measures to ensure the development of the
mining (metal ores) and metallurgy industries in Azerbaijan, signed
by the President of the Republic of Azerbaijan, Ilham Aliyev.
According to the decree, the assets of the open joint-stock
company will be transferred to the balance sheet of the limited
liability company “Azeraluminum.”
The Ministry of Finance must ensure the repayment of the
approved debts of the "Azerbaijan Aluminum" OJSC to
non-governmental organizations from the funds of the state budget
of the Republic of Azerbaijan or other financial sources provided
for by law within one month from the date of submission of relevant
supporting documents.
