AtaHolding to Hear Report on Subsidiary Activities
An annual general meeting of shareholders of the insurance company AtaSigorta, has been scheduled for June 9, although 100% of the securities are at the disposal of the investment AtaHolding.
According to the financial agency, the main issue will be to discuss the results of its operations last year. Both the Board and the Council of Directors will report and then financial statements confirmed by an auditor's report will be approved.
In addition, the issue of the distribution of profits earned last year will be solved.
JSC AtaSigorta received a license for insurance activities in September 2004.
According to the Association of Insurers of Azerbaijan, by April 1, the joint stock company raised 2 million 347.26 thousand manat with payments of premiums at the level of 776.79 thousand manat (ratio of 33.1%). --17D-
Economics
-
Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
-
As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
-
Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
-
Azerbaijan's Tariff Council has approved tariffs for connecting construction sites to water supply and wastewater systems for the first time, addressing a previously unregulated sector with inconsistent charges, the council announced on January 2.
Признают ли в России обстрел самолета AZAL? - беседа с Аркадием Дубновым
News Line
-
- Political Monitoring,
- 19:35
- 100
Leave a review