The Cabinet of Ministers decided to approve the charter and structure of Azerishyg.
According to information on its website, the authorized capital of the company amounted to 623,533,532 manats (total 311,766,766 shares with par value of AZN 2 each). The Board consists of four people: the chairman, the first deputy and two deputies.
Azerishyg consists of 7 regional offices arranging supply and sale of electricity: Baku Regional Authority (the center of Baku), Northern Management (the center is in Sumgayit), Northwest (Gabala), West (Ganja), Lowland (Imishli), Central Lowland (Mingechevir) and South (Shirvan).
By the order of the President, Baku Electricity Network was transformed into JSC Azerishyg on February 10, 2015 (Turan reported on that). Its function is to buy electricity on the territory of Azerbaijan and to provide reliable, safe and efficient power supply to consumers. --17D-
Economics
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In November, the State Tax Service fined 608 entrepreneurs who received payments for goods and services from clients' bank cards directly to their personal bank cards. Similar reports of fines for card-to-card transactions were issued by the Tax Service in October. The agency clarified that these violations were identified during monitoring activities at retail and catering establishments in Baku.
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Azerbaijan has undertaken significant regulatory reforms to advance its digital and transport sectors, President Ilham Aliyev announced on Thursday, signing a decree amending the regulations governing the activities of the Ministry of Digital Development and Transport.
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The Ministry of Agriculture of Azerbaijan has announced the return of its renowned fair, "From Village to City," which will take place from December 21 to 30 in Baku. The event, held in the Narimanov district near the "Ganjlik" metro station, will provide farmers with a platform to sell their products directly to consumers, bypassing intermediaries.
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From December 1, 2024, the State Oil Company of the Azerbaijan Republic (SOCAR) has commenced gas deliveries to Slovakia under an agreement reached in November with SPP, Slovakia's state-owned energy firm, SOCAR announced in a press release.
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