AtaSigorta Insurance Company plans to increase its authorized capital to 14.6 million manat (+ 46%) due to the additional issue of shares.
They intend to arrange another additional issue of 4.6 million manat, which was registered by the State Securities Committee yesterday. The emission is divided into 184,000 shares with par value of 25 manat per share.
The authorized capital of the company is 10 million manat.
JSC AtaSigorta received a license for insurance activities in September 2004. The sole shareholder of the company is AtaHolding.
In January-September this year, the premiums amounted to 7.3 million manat, and the payments amounted to approximately 3.5 million manat. --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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