319 companies registered in June- ministry

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319 companies registered in June- ministry

Post by GottaDash on Wed Jul 09, 2008 5:04 pm

BAGHDAD, July 9 (VOI) The Iraqi Ministry of Trade on Wednesday said that a total of 319 companies have been registered in June.

"The 319 companies, which were registered last month, included 311 limited companies," read a statement released by the Iraqi cabinet's national media center and received by Aswat Al-Iraq - Voices of Iraq - (VOI), quoting the general director of the department for registering companies.
In June, the department issued 151 decisions to change company names, in addition to 32 decisions to amend contracts and 119 others to increase companies' capital.
In the same month, decisions were made to liquidate three limited companies, eliminate one company and to merge four companies, the director noted.
A total of 157 companies have been subject to investigation for violating the law, he added.

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