IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Cannery stake auctioned

This article was originally published in Foodnews

AZERBIAJAN's State Committee for Property Affairs has announced that Embawood LLC, a soft furnishings company, has bought 30% of the shares in the Masalli-Konserv OJSC cannery after winning a state-run auction. The committee said that two bids for the shares had been submitted. "As a result, soft furniture producer Embawood LLC was recognised as the winner. Under the contest conditions, the winner company is to transfer AZN70 000 (USD87 000) to the State Budget and within a year to invest AZN500 000 in development of the cannery. Embawood's investment programme envisages the creation of 55-60 jobs," it said, adding that 200 new fruit will also be planted. Masalli-Konserv OJSC is situated in Masalli city and processes vegetables and fruits and manufactures soft drinks and other canned products.



What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts