The company Audatex-Azerbaijan, specializing in insurance risk assessment, intends to adhere to the policy of 1 EUR = 1 AZN. As a local representative of the French Audatex, it provides services in euro, unifying the system of assessment of damage caused by a motor vehicle in a traffic accident.
As the head of the company Zakir Kerimzadeh told local media, the reason for equating the manat against the euro is that the service agreement was concluded with the Bureau of Compulsory Insurance (BCI) in 2014, when there was no devaluation and the manat amounted to the euro.
The company Audatex-Azerbaijan registered at the Taxes Ministry in December 2014 is engaged in software to calculate the cost of repair of vehicles. Its Parisian patron is the world leader in this field. It has more than 30 customers, including 11 insurance companies and several service centers. --17D-
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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