New central office Nukoil | Bank
November 25 , in Baku was officially opened the new headquarters of Nikoil Bank.
As reported in the bank, cut red tape solemn major shareholders of the Bank in the face of the President of JSC Lukoil Vagit Alekperov , Board Member Finance Corporation "Uralsib" Nikolai Tsvetkov , President of ISR Holding Iskender Khalilov and Chairman of the Board of Nikoil Vasily Khamaza.
Among the honored guests were Archbishop of Baku and Azerbaijan Diocese - Alexander , the Russian ambassador to Azerbaijan Vladimir Dorokhin , Ambassador of Belarus to Azerbaijan - Nikolai Paskevich, Head of the Eurasian union Lukoil, Alexander Terletski, director of Lukoil - Edward Mukhametov , etc.
This was followed by a press conference with shareholders and the Chairman of the Board. -15D-
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review