The State Property Service under the Ministry of Economy has put up for an open auction a property complex located on 2nd Promyslovaya street, 5A in the village of Balakhany, Surakhany region. This is one of the former concrete plants of the "Akkord" corporation. The seller did not indicate in the auction announcement the type of activity of this property complex. However, on Google maps you can see that we are talking about concrete production facilities and some buildings on an area of 390 square meters, as well as 149 acres of land. The object is estimated at over 1.6 million manats, including a land area of 7,000 manats per 1 hundred. The auction will be held on September 12 in Baku. It ought to be noted that this concrete plant belonged to "Akkord Beton" LLC (TIN: 1502697121) of "Akkord" corporation. Note that the SPS does not provide information about how this complex ended up on the balance sheet of the state. However, most likely, "Akkord Beton" LLC also had credit debts to the "International Bank of Azerbaijan" and paid off its debts with an inactive old concrete plant.
Source: Turan News Agency