The State Committee on Statistics pubished data on the number of business organizations with legal status. As of January 1 this year, the Ministry of Taxes registered 94 563 such organizations (+ 9.9% per year). For the fiscal cycle, they recorded 9 130 entities, while 527 discontinued their operations.
The view is as follows: 9 252 enterprises are employed in agricultural industry (+ 2.4%), 5 583 - in processing industry (+ 3.7%), and 10 206 (+ 9.4% ) - in construction.
Most of all there are wholesale and retail trade outlets and enterprises involved in repair of motor vehicles and household goods (24 890 or + 6.6%), while the other groups are as follows: financial and insurance activities - 1 509 (+ 6%), real estate - 1 011 (+ 16.6%), administrative and support services - 3 429 (+ 10%), information and communications - 2 142 (+ 11.8%), health and leisure activities - 1 465 (+ 5.5%), etc.
Private enterprises are 82,370 of the legal entities (87.1%), entrepreneurs with foreign capital are 5 429, joint ventures are 1 754, state-owned enterprises are 10 540, and municipal businesses are 1 653. --17D-
Economics
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The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
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Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
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Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
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Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
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