The insurance company GunaySigorta intends to bring its charter capital up to 7.7 million manat. Increase in the financial muscle by 42.6% will be possible as a result of additional issue of shares of 2.3 million manat.
The application of the insurer, whose license was revoked repeatedly by the Treasury, has been registered in the State Securities Committee (SSC). The new issue is divided into 2,300 shares with a value 1,000 manat in each.
At present, the company's authorized capital is 5.4 million manat.
GunaySigorta JSC was established in 1992. The company's shareholders are 3 legal entities and 2 individuals.
In January-November 2014 the premiums amounted to 164 850 AZN, and the payments were 75 920 AZN. --17D-
Economics
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Kazakhstan’s budget airline FlyArystan has launched ticket sales for the Baku-Astana-Baku route ahead of the summer travel season, the airline’s press service said on Monday.
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In late February, the governments of Pakistan and Azerbaijan are expected to sign an investment agreement worth $2 billion, which will include several projects with SOCAR (State Oil Company of Azerbaijan). According to Turan, the energy cooperation projects discussed in January in Islamabad and Baku will feature in the agreement. These projects include energy efficiency initiatives, the construction of a pipeline, and SOCAR’s plans to explore the creation of underground gas storage facilities in Pakistan, as well as documents provided by the Pakistani side related to the exploration and extraction of hydrocarbons in the country.
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BAKU, Feb 3 (Reuters) - Representatives from Azerbaijan’s State Tax Service (STS) participated in the latest session of the working group on tax, customs, and legal issues hosted by the German-Azerbaijani Chamber of Commerce.
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