JSC "Agroleasing" has announced an open tender for the insurance of tractors and other agricultural equipment for a year. According to the company, competitors, by paying 500 manat can participate without restrictions, while presenting affordable services plus matching the terms and conditions of the transaction. Offers from insurers are accepted until 29 September, on the next day will be published the name of the winner of the tender. The OJC "Agroleasing" was created on October 23, 2004 at the Ministry of Agriculture of Azerbaijan. At the end of 2014-2015, it bought 6427 units of equipment, including 647 combine harvesters, 2.12 thousand tractors and other agricultural machinery. According to his data, procured agricultural machinery is produced mainly in China, Russia, Belarus, Belgium, Finland and Turkey. --17D-
Economics
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
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Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
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