In January-August this year, the volume of industrial production in Azerbaijan made up AZN 23 million. This is 3.3% lower than in the comparable period of 2011.
The State Statistics Committee told Turan that the share of non-oil sector accounts for AZN 4.2 bn of industrial production. In this sector, production increased for eight months by 7.9%. In the oil sector, because of the decline in mining, the production decreased 5.4%.
The share of mining industry from the beginning of the year accounts for 76.5%, processing industry - 18.2%, manufacturing, distribution and supply of electricity, natural gas and steam - 4.2%, etc. -08D-
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review