The final terms of the extraordinary meeting of shareholders of OJSC Ateshgah have become known. Previously they talked about holding it in February, but now it is a certain date - March 16 at 11:00 in the administrative building of the company (Baku, Narimanov district, Avenue N.Yusifbeyli, 75B).
There will be changes in the Charter, and an independent auditor and audit committee members will be elected.
OJSC Ateshgah with a registered capital of 5,008,500 manats has been acting since 1996. Its shareholders are several legal entities. According to the Ministry of Finance, last year they collected 43 million 454.04 thousand manats with payments of 15 million 918.35 thousand manats. --17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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