Atrabank intends to hold an annual general meeting of its shareholders. How the official media write, the event will take place on July 15.
The agenda is in the written report for the past year and organizational issues.
Open Joint Stock Company Atrabank was founded in December of 1992, and initially operated as a joint stock commercial bank ATRA. August 29 of 2005 it continued its activities under the present name.
The authorized capital is 10 million 424.8 thousand manats. Nabiyeva Khuraman Qurban Gyzy owns almost half (49.6%) of the shares, Nabiyeva Elmihan Nabi Oglu owns 19.7%, Nabiyev Parvin Elmihan Oglu owns 19.9%. The remaining 22 of the 25 are minority shareholders. There are 3 corporate shareholders 3 and 22 individuals. - 17D
Economics
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BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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