In 2015, the number of employees in industrial enterprises of Gandja city, the third largest industrial city in Azerbaijan, decreased by 1,279 people. The annual report of the Executive Power of Gandja noted that 4,875 people are employed in the industrial sector of the city. Thus, last year alone the number of employees in industry in this city with a population of about 330,000 people was reduced by 20.8%.
Over the past ten years the industrial enterprises of Gandja laid off 6,350 people.
A little "better" is the position of the Sumgait workers. In the years 2005-2014, 1,129 jobs were closed in Sumgait.
For comparison, the number of jobs in the industrial enterprises of Baku decreased by 1,527 in 2005-2014.
The government says the opening of 1.5 million jobs in 2004-2015. ---08B
Economics
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The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change has taken a significant step towards a unified global response to climate change. On the first day of discussions in Baku, participating countries reached a historic agreement on the rules governing the creation and trade of carbon credits. This decision paves the way for the launch of multibillion-dollar carbon credit markets, to be overseen by the United Nations, potentially as soon as next year.
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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