![Closure of Three More Foreign Companies Announced](https://turan.az/resized/media/2016/main/110200173724-750-500-resize.webp)
Closure of Three More Foreign Companies Announced
The next three foreign companies announced the closure of their branches and representations.
A branch of Vipro UK Limited from the UK operated in Baku since 2005, and a branch of the Austrian company Vamed Engineering GmbH operated since 2008. Representation of the company Asia Central Trading Limited ceased its activities in Azerbaijan after 15 years of activity.
The company Vamed Engineering GmbH specializes in the design, construction, equipment and management of complex healthcare organizations. It is part of the German health technology group Fresenius. Participation of the company in the implementation of health projects is not reported.
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review