The Order of President of the Republic of Azerbaijan
The Order of the President of the Republic of Azerbaijan on liquidation of the "Azerbaijan Industrial Corporation" Open Joint Stock Company and regulation of related issues
Guided by Item 32 of Article 109 of the Constitution of the Republic of Azerbaijan, I hereby order:
1. "Azerbaijan Industrial Corporation" Open Joint Stock Company shall be liquidated.
2. The following enterprises of "Azerbaijan Industrial Corporation" Open Joint Stock Company shall be transferred to the management of Azerbaijan Investment Holding:
2.1. "Azerbaijan aluminium" Open Joint Stock Company;
2.2. "Azeraluminium" Limited Liability Company;
2.3. "Azerpambiq Agrarian Industrial Complex" Limited Liability Company.
3. The Cabinet of Ministers of the Republic of Azerbaijan shall:
3.1. Take necessary measures to liquidate "Azerbaijan Industrial Corporation" Open Joint Stock Company and its subsidiary enterprises, in accordance with parts 1 and 2 of this Order;
3.2. Prepare and submit to the President of the Republic of Azerbaijan proposals for amendments to relevant legal acts within two months, in accordance with parts 1 and 2 of this Order.
3.3. Resolve other issues arising from this Order.
4. The Ministry of Economy of the Republic of Azerbaijan shall prepare proposals on the property of Azerbaijan Industrial Corporation" Open Joint Stock Company and its other subsidiary enterprises, and submit them to the President of the Republic of Azerbaijan within two months, in accordance with part 2 of this Order.
Ilham Aliyev
President of the Republic of Azerbaijan
Baku, December 27, 2024