The Financial Markets Supervision Authority has registered 7,750 shares of the A-Group insurance company at a nominal price of 1,291 manat each. Thus, the company’s authorized capital will be increased from AZN 8 million 5,750 to AZN 10 million 5,250.
The authorized capital will be increased by increasing the nominal value of the 7,750 shares from AZN 1,033 to AZN 1,291 each.
Note that A-Group started its activity in 1995. ---71D
Economics
-
In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
-
Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
-
Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
-
Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
Leave a review