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Company Owned by MP's Son Wins 29 Million Manat Tender in Karabakh

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"DILER INSAAT" OJSC has been announced the winner of a tender held by the Shusha City State Reserve Administration. Under the contract, the company will carry out the construction of seven residential buildings and landscaping works in the D-3 district of Shusha city as part of the second phase of the project. For these works, the company will be paid 29,373,906.67 manats.

"DILER INSAAT" OJSC was officially registered on October 28, 2016. The company’s legal address is 73A Moscow Avenue, Yasamal district, Baku. Its authorized capital is 2,010 manats, and its legal representative is Elkhan Fuzuli Suleymanov.

According to publicly available information, the company currently owes 25,861.24 manats in taxes to the state budget. Despite this, "DILER INSAAT" actively participates in public procurement and continues to win large-scale tenders.

According to the Unified Internet Portal of State Procurement, the company has won 10 tenders over the past five years, receiving state contracts worth more than 80 million manats in total.

The company mainly operates in the construction sector. Its activities include the construction and renovation of residential and non-residential buildings, as well as the sale of construction materials. Company materials state that it has participated in major projects such as Flame Towers, SOCAR Tower, Port Baku Towers, Crescent Hotel, and Deniz Mall.

According to registry documents, the company was initially established under the name "ORXAN 1989" LLC and later changed its name to its current legal form. The company’s official website lists Orkhan Guluzade, born in 1989, as its manager. He is the son of Milli Majlis deputy Ulvi Guliyev.

It should be noted that Ulvi Guliyev has represented the 15th Yasamal First Electoral District in parliament for more than 20 years.