Ekol was set up in 2006. The founders include SOCAR (51%) and Lancer S.A. Services (49%), which is a subsidiary of transnational Alfa Laval. --14B--
Economics
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On the eve of the event organized by the State Security Service (SSS), the second Baku Security Forum was held in the capital of Azerbaijan, with representatives of special services from approximately 50 countries participating.
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Azerbaijan's viticulture sector, once flourishing with vineyard areas expanding to over 284,000 hectares in 1984, faces significant challenges today despite government initiatives aimed at revitalizing the industry.
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Azerbaijan's economy continues to rely heavily on oil as its primary driver of GDP and exports, according to data released today by the State Statistical Committee (SSC) and the State Customs Committee (SCC).
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Azerbaijan's Cabinet of Ministers has approved new regulations for leasing state-owned port infrastructure through a competitive tender, marking a significant shift in the country’s port management strategy. The decree, signed by Prime Minister Ali Asadov, comes into effect following amendments to the Law on Sea Ports, passed by the Azerbaijani Parliament on December 22, 2023.
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