Azimport to Repay Debt, Despite Difficulties
LLC Azimport, whose name became widely known to the public after the arrest of the director of the State Flag Square Rashad Mammadov, intends to restore its former glory and clean reputation. This is proved by payment of debts on wages and goods purchased at the expense of internal resources, Turan was told in the company.
PR Manager of Ltd Azimport Khanlar Mammadov noted that the debt was formed as a result of not timely payment of AZN 778,400 by SOCAR. The State Oil Company requested Azimport to repair a number of buildings in Baku, but it continues to delay payments on these contracts.
"At the expense of bank loans, the sale of certain fixed assets, as well as the offsetting (exchange for the apartment), the bulk of the debt has been repaid. Of these, 578,222 manat is debts on purchased materials," Mammadov said.
The share of wages accounted for 125,837 manat. Today, this amount dropped to 57.1 thousand manat.
Recall that Azimport is the executor of dozens of construction works in Baku. The opening of 40 of them was attended by President Ilham Aliyev.
"Black days" for the company came after its name, specifically its founder (Azer Asgarov) was used with the name of the director of the State Flag Square Rashad Mammadov. Media claimed that not Asgarov, but Mammadov was its real owner. This had a negative impact on the economic activity of LLC Azimport.
Ltd. Azimport is the customer of the construction project of the residential complex Panorama Park in Baku, consisting of 10 high-rise (19 floors) buildings. ---08B
Economics
-
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.
-
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.
-
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.
-
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.
Prezidentin Rusiya mediasına dedikləri, Avropa Parlamentinin qətnaməsi... - İsa Qəmbər Çətin sualda
News Line
-
- Politics,
- 13:30
- 352
Leave a review