Maserati Showroom Opened in Baku
The Maserati showroom opened in Baku, on Ataturk Avenue today. These Italian cars, as opposed to mass-produced goods, are exclusive brands, which are produced not more than 10,000 units per annum.
The official representative of the car company in Azerbaijan, Crystal Motors offers customers two models of Maserati - GranTurismo Sport and GranCabrio Fendi. In Baku, the models are, respectively, 160,000 and 140,000 manat. According to the Maserati brand manager in Baku, Huseyn Makhmudov, this year GranTurismo Sport was released only in 50 copies. Azerbaijan is the only country in the former Soviet Union, where motorists can see this model
Crystal Motors Company is also a distributor of Jaguar, Range Rover, Land Rover, as well as the motorcycle Ducati.-0--
Economics
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The Cabinet of Ministers of Azerbaijan has approved a new Unified Tariff Schedule to determine the monthly salaries of public sector employees financed through the state budget. This decision, outlined in Decree No. 540, comes into effect on December 26, 2024, and is aimed at standardizing wages in the public sector.
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On December 27, Azerbaijani President Ilham Aliyev has signed a decree to dissolve the Azerbaijan Industrial Corporation (ASK) and transfer its key assets to the Azerbaijan Investment Holding (AIH), marking a significant step in streamlining the management of state-owned enterprises. The decision, effective immediately, aims to address regulatory issues and enhance operational efficiency.
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President Ilham Aliyev signed a decree on 27 Desember to implement the law on the 2025 State Social Protection Fund budget, setting forth measures to ensure the effective execution of the fund’s financial framework.
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Azerbaijani President Ilham Aliyev has issued a decree to implement amendments to the country’s Tax Code, approved by Parliament on December 16, 2024, under law number 98-VIIQD. The decree, published on Friday, is aimed at optimizing tax administration and strengthening the legal framework outlined in the revised legislation.
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