A ban has been imposed on the manufacture and sale of Portland cement by VAT, located at 35 km of the Baku - Guba highway. The decision was taken on the basis of material inspection by the members of the Service of State Control on Technical Regulation and Standardization of the State Committee for Standardization, Metrology and Patents.
The press service of the State Standard told Turan that the company is without production schedules. As a result, they violated the requirements of GOST 10178-85 (a local state standard). They do not meet the requirements of the labeling and packaging of products. The bags of cement do not indicate the date of manufacture, the actual weight of the bag (36.8 kg) and do not correspond to the original data (40 kg).
In the information resources there is no information on LLC VAT. Therefore, Turan could not get a comment on the management of the company test results.
In 2011, Azerbaijan produced 1 million 424 thousand tons of cement. This is 11.4% more than in 2010.
In the worst record in 2007 the cement production reached 1.7 million tons. The State Committee for Standardization, Metrology and Patents said that Azerbaijan has certified cement production by 16 companies. - 08B-
Economics
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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Azerbaijan continues to face an acute water shortage that affects both drinking and irrigation supplies, a problem that, despite frequent media attention, remains unresolved. Farmers are particularly feeling the pressure.
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BAKU, Feb 3 (Reuters) - Representatives from Azerbaijan’s State Tax Service (STS) participated in the latest session of the working group on tax, customs, and legal issues hosted by the German-Azerbaijani Chamber of Commerce.
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The Agency for the Development of Small and Medium Enterprises (KOBİA) has issued 192 start-up certificates to entrepreneurs, approximately 50% of whom are youth, according to Orkhan Mammadov, Chairman of KOBİA. The announcement was made at the Fifth Young Entrepreneurs Forum in Baku, underscoring the government's increasing focus on fostering innovation among the nation’s young entrepreneurs.
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