In January-June 2015, 99 companies with Azerbaijani capital were founded in Turkey, including 25 joint-stock companies, according to the Union of Chambers and Commodity Exchanges of Turkey (TOOB).
Participation of Azerbaijani investors in the capital of JSCs created in H1 is 78.8% (6 million 822.6 thousand TL). Azerbaijani entrepreneurs invested 5 million 254.6 thousand TL in the capital of 74 companies with limited liability.
16.4 million TL was invested in the constituent capital of the companies with participation of Azerbaijani entrepreneurs created in Turkey this year.
Investors invest mainly in trade, catering, tourism, transport and so on services.
In Turkey, unlike Azerbaijan, the State Register data on commercial entities are not hidden from the public and anyone can read them via various search options (registration number, company name, name and surname of the current or former founder or member of the governing body, etc. .) -----08B
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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