The insurance company BakiSigorta intends to increase stability to financial risks.
According to its website, the extraordinary general meeting of the shareholders is scheduled for Dec. 22. Increase in the share capital will be suggested. In addition, the issue of the distribution of net income for 2011-2012 will be solved.
The insurance company BakiSigorta commenced operations on October 1, 2007. Its shareholders are 4 legal entities and 2 individuals. The authorized capital of the company is 8,373,680 manat.
By October 1, the company’s premiums were 2,661,780 manat, and its payment was 1,770,170 manat. --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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