Klaus Müller
The Executive Director of LLC Azerfon (under the brand name Nar) Kent McNeely, thinking about career development, leaves the company. On August 31, it will be headed by Klaus Mueller - Chief Operating Officer of Deutsche Telekom (German ICT structure with mobile phones in 12 European countries).
According to Azerfon with reference to the Chairman of the Board Georgios Koronias, the appointment of Mueller will become a new landmark in the dynamic development of Azerfon. ‘His experience in value creation, gained in various markets, will be very useful for us. As Chairman of Azerfon LLC Board of Directors, I support Klaus Mueller as our new CEO.’ --17D-
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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