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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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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