On April 24 will be held the annual general meeting of shareholders of the insurance company Baki Sigorta.
According to the report of the financial structure, the agenda included the financial statements for the past year and the issue of increasing the level of authorized capital to prevent financial risks.
Baki Sigorta began its activities from October 1, 2007. Its shareholders are 4 legal entities and 2 individuals. The authorized capital is 9 million 373.84 thousand manat.
Last year the company's premiums were at the level of 3 million 508.26 thousand manat with payments of 2 million 375.11 thousand manat. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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