Azerbaijani company tightening its belt by cutting down its authorized capital

Aug 15, 2025 - 23:00
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Azerbaijani company tightening its belt by cutting down its authorized capital
Olimp Construction LLC in Azerbaijan is reducing its authorized capital by 19.97 million manat ($11.75 million) to 21.26 million manat ($12.5 million). The company notified its debtors and creditors, who have one month to demand early fulfillment or compensation.