LLC Azbentonit, which is a member of Garant Holding, announced change in its name on September 29. From now on the company will be known as Garant Insaat Senaye.
Ltd. Azbentonit was created in 2004. By decision of the government it deals with exploration, research, technological evaluation of mineral deposits of non-metallic minerals, as well as production materials for different purposes on the basis of raw material deposits of industrial significance.
The enterprise located in the Absheron district produces cement, mineral supplements, paint products, dry mixtures for building, plaster, etc.
The authorized capital of LLC Azbentonit is 25 million manats.
Recall the company Garant Holding is owned by Anar Mammadov, the son of the Minister of Transport Ziya Mammadov. ----08B
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review