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
-
Azerbaijan’s Milli Majlis ratified the second amendment to the agreement on the joint development of the Azeri-Chirag-Gunashli (ACG) oil and gas block during its plenary session on Wednesday. The bill was submitted to parliament as a legislative initiative by President Ilham Aliyev.
-
The 104th meeting of the Commonwealth of Independent States (CIS) Economic Council was held in the Russian capital, with representatives from member states discussing enhanced economic collaboration and key regional initiatives. Azerbaijan was represented by First Deputy Prime Minister Yagub Eyyubov.
-
Azerbaijan’s Information and Communication Technologies Agency (IKTA) reported significant improvements in the quality of internet and telecommunications services in the first half of 2024, driven by a comprehensive assessment framework and enhanced regulatory measures.
-
In 2024, Azerbaijan will double its gas supply to Bulgaria, which not only uses this gas for its own needs but also partially sends it to its Balkan Gas Hub and, by agreement with SOCAR, organizes the transit of various volumes to its neighbors.
Leave a review