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Monday January 12 2026

Petrochem Group cuts charter capital by nearly threefold

12 January 2026 13:43 (UTC+04:00)
Petrochem Group cuts charter capital by nearly threefold
Qabil Ashirov
Qabil Ashirov
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Petrochem Group LLC has announced a significant reduction in its charter capital, cutting it by 8.508 million manats, or 2.9 times, from 13.09 million manats to 4.582 million manats, Azernews reports, citing the “Taxes” newspaper published by the State Tax Service under the Ministry of Economy.

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