The Japanese Ambassador to Azerbaijan, Mr Junichi Wada, expressed a wish to visit our Cement plant and get familiarized with the cement products and SD initiatives of Holcim Azerbaijan. During the meeting, the Ambassador discussed with the Holcim team on Alternative Fuel Resources, Waste management and Recycling construction demolition waste activities.
In parallel with the core company business, Mr Ambassador was interested in Holcim CSR actions related to Women Empowerment initiatives for communities. He was impressed by visiting the Women's Community Centre in Umid and talking with women about their activities.
At the end of the visit he took part in the planting of tree actions at the plant territory. It is a traditional event in the frame of Holcim/Office go green initiative. As a follow-up to the meeting, the Ambassador said he's ready to build a partnership with Holcim to promote sustainable development initiatives in Azerbaijani society. ®
Economics
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Azerbaijan’s gross domestic product (GDP) reached 126.3 billion manats in 2024, marking an increase of 3 billion manats, or 2.4%, compared to the previous year, according to data released by the State Statistics Committee. In 2023, nominal GDP stood at 123 billion manats.
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The latest data from the State Statistics Committee reveals that as of December 1, 2024, the total number of salaried workers in Azerbaijan stood at 1.775 million, with 884,400 employed in the public sector and 890,900 in the private sector. This figure falls significantly short of the government's ambitious targets set seven years ago, raising concerns about employment opportunities, particularly for the country's burgeoning youth population.
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Azerbaijan's legal and physical entities engaged in trade operations with partners from 176 countries between January and November 2024, exporting goods to 120 nations and importing from 167, according to the State Customs Committee.
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Azerbaijan's retail trade turnover climbed 3.9% in real terms in 2024 compared to the previous year, reaching a total of 62.2 billion manats, the State Statistics Committee revealed. Food, beverages, and tobacco accounted for 34.1 billion manats, while non-food products contributed 28.1 billion manats to the total.
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