JSC Baki Sigorta has outlined the AGM for 15 April. As they stated in the financial structure, the agenda mainly includes two questions: approval of the report on the last year's financial activities and profit distribution.
JSC Baki Sigorta with registered capital of 8.37 million AZN began to work on February 9, 1994 and renders services on 25 types of voluntary insurance. Chairman of the Supervisory Board is Elchin Guliyev and the Board is headed by Ramil Agayev.
The shareholders of JSC Baki Sigorta are OJSC Bank Respublika (55,21%), Murad Rahimov (9.5294%), as well as several legal (3 automobile companies) entities and one individual with a lower specific gravity.
Last year, the company collected 2 million 422.09 thousand manats with payments of premiums in 1 million 729.44 thousand manats. --17D-
Economics
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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.
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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.
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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.
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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.
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