Sales of the new Renault Fluence is launched in Azerbaijan
Azerbaijan has started selling the new Renault Fluence, which has received modern equipment and new exterior styling. The car has new design style from Lawrence van den Acker.
The cost of Renault Fluence with a petrol engine of 1.6 liter capacity 114 hp in a complete set with CVT transmission is 19,900 manat. The model is available in two trim levels: Expression and Dynamique. The optimal price / performance ratio is supported by a guarantee of three years or 100,000 kilometers. The car is produced at a plant in Bursa, Turkey.
In just a year and a half since the start of sales in Azerbaijan, Renault Fluence is included the top three best-selling car brand in this market. The output of the new Renault Fluence, which has kept the same level of prices and thus become much better equipped, will strengthen the position of Renault in the growing segment of C, according to the press service of Renault in Azerbaijan. 08D
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- Economics
- 31 May 2013 15:16
Economics
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Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
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According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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