OREANDA-NEWS. October 19, 2009. Azerbaijani company AZEL (Azerbaycan Elektronikasi) will define its investment demands for the term of 5 years till the end of December.

Chairman  of AZEL Supervisory Board Igor Yakovenko says that financial condition of AZEL is stable  and there is no demand for large investments  today.

“As we understand the company does not have need in large investments, but  now we complete development of strategic development plan of the company for following 5 years. It will be approved by Supervisory Board not later than December, 2009. After final adoption of the plan, our investment demands will be obvious for next 5 years,” I. Yakovenko said.