JSC "Synergy Group", one of the fastest growing holdings in Azerbaijan, create a second account for a trading company in May this year. Holding, operating since 2010 in the fields of manufacturing, construction, building materials, agriculture, education, tourism and hotel business, developing presence in the area of trade.
According to the Ministry of Taxes, on June 18 passed state registration Ltd. "Synergy Trading". The official address of the company coincides with the central office of one of the fastest-growing holdings of Azerbaijan "Synergy Group" - Baku, st. Zarifa Aliyeva, 55 (business center "Yeni Hayat.") Before that Group established OOO "Synergy Trade House." The authorized capital of the company invested 500 manats. Director of the Company appointed Namig Alasgarov.
This year "Synergy Group" has established four companies are not using their trademark ("Synergy CSR", "Synergy Jet", "Synergy Trading" and "Synergy Trade House.")
JSC "Synergy Group" was established in April 2010. The financial-industrial group includes at least 30 companies, some of which operate in the country. The holder of 99% of its stake in the group is Ashraf Kamilov.- 08B-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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