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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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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