Authorized capital of SOCAR Polymer Investments increased by $ 83 million

Baku. 14 June. REPORT.AZ/ Authorized capital of SOCAR Polymer Investments has been decreased in the amount of 83 million AZN ($ 49 million).

Report informs, it is stated in the audited financial statement of the company for 2017.

It was noted that after the reporting period, other shareholders of SOCAR Polymer Investments LLC - Vitol Black Sea VLL and Ecoland LLC increased their authorized capital.

Vitol Black Sea has invested 61 million AZN ($ 36 million) in the charter capital of SOCAR Polymer Investments, while Ecoland LLC 22 million AZN ($ 13 million).