Accord Corporation has established a new company, which will be engaged in the construction industry.
The office of LLC Deutsche Fassaden Technologien is located in one of the headquarters of Industrial Construction Investment Corporation Accord – Baku at 59 Teymur Aliyev Street. Its director Kamil Huseynov occupies leading positions in other structures of the holding.
Perhaps the new subsidiary of Accord also has other co-sponsors. However, since the summer of 2012, information about the structure of the founders of commercial organizations shall be considered confidential.
Accord Corporation was established in 2005 and has subsidiaries and representative offices in six countries, having a controlling stake in 8 local joint stock companies and more than 20 companies in Azerbaijan and other countries. Control of the corporation is carried out by LLC VIP Estate. ---08D
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- Economics
- 24 January 2015 17:42
Economics
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Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
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The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
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In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
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