BAKU, Azerbaijan, June 3. Discussions are
currently underway in Azerbaijan regarding the inclusion of shares
of a number of state-owned companies in the initial public offering
(IPO) process, CEO of Azerbaijan's PASHA Capital, Isi Mustafayev,
said at a press conference dedicated to the company's financial
indicators for 2025, Trend reports.
According to him, the privatization of some enterprises included
in the AZCON Holding is on the agenda, and if the IPO process for
these companies is initiated, PASHA Capital is ready to participate
in this process and make its contribution.
Mustafayev noted that the adoption of final decisions on the IPO
of state-owned companies falls within the competence of relevant
state bodies.
The CEO added that work is also underway to attract investments
in the agricultural sector. He said that meetings are planned with
a number of companies for this purpose, and the main goal is to
expand alternative financing opportunities through capital
markets.
