In 2013, the income of companies and individuals from passenger buses amounted to 344.6 million manat, increasing by 9.9%. The growth in the number of passengers using buses was 1.7% less than this figure, the State Committee of Statistics told Turan.
According to estimates of the SCS, the majority (72.5 %) of passenger buses accounted for licensed individuals. Revenues of private and public entities in the last year amounted to 94.9 million manat. Cash receipts of bus companies increased by 30 %.
In 2013, the book profit of the bus companies amounted to about 179 million or 4% more than in the previous year.
According to the Ministry of Internal Affairs, in Azerbaijan there are 9,229 passenger buses.
According to the Ministry of Taxes and carriers, the largest transport companies involved in urban, intercity and international passenger services are: LLC Baki Sernishin Negliyyati ( 900 employees ), Transgate ( 1359 ), M-Trans ( 353), Gemigaya Negliyyat ( 318 ), Ugurlu Negliyyat ( 260 ), Design Negliyyat ( 127 ), BM-Negliyyat ( 93 ), Bayram-M ( 78 ), etc.
According to estimates of SCS, in 2013 in Azerbaijan buses transported 1,478.8 million passengers.
In 2008, the Ministry of Transport purchased at the expense of the state budget several hundred large buses and transferred them to the operation of state LLC Baki Sernishin Negliyyati (structure of the Ministry of Transport). Since last year, their privatization started.
This year, with the executive power of Baku was established an alternative transport company. The first batch of buses (150 units) for this structure has already been delivered to Azerbaijan from France. - 08B-
Economics
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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The architectural company El & En has received several contracts worth a total of AZN 805,593 from the Committee for Urban Planning and Architecture. Additionally, the Territorial Construction Planning Center commissioned projects from the private company El & En worth several hundred thousand manats. These architectural projects involve work in liberated territories and other regions of Azerbaijan. The co-owner of this company, along with his son, is Elbay Gasimzade, the head of the Public Council under the State Committee for Urban Planning and Architecture and simultaneously the Chairman of the Union of Architects.
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