LLC SOCAR-GPC with an authorized capital of USD 1,000 has been registered in Azerbaijan.
According to the official resource (the State Register of Commercial Entities), SOCAR-GPC was registered on August 19. Farid Jafarov was appointed the Director. He is the head of at least two commercial entities of SOCAR, SOCAR Polymer and SOCAR Polymer Investments.
The SOCAR press service did not respond to the request for plans to establish a new company, its possible cofounders and equity participation.
The information resource of SOCAR indicates the names of more than 40 joint ventures and alliances with the participation of foreign companies, created inside the country and abroad. -----08B
Economics
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Chairman of the State Committee for Urban Planning and Architecture Anar Guliyev, revealed ambitious plans for the new Istisu settlement on social media, following the foundation-laying ceremony attended by President Ilham Aliyev in Kalbajar on September 2, 2024.
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As previously reported, the Istisu Mineral Water Plant was inaugurated on September 2, 2024, marking a significant advancement in Azerbaijan’s mineral water industry. President Ilham Aliyev and First Lady Mehriban Aliyeva attended the opening of this cutting-edge facility, which blends modern technology with a deep-seated tradition in mineral water production.
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In the village of Gyzyil Kengerli, located in Azerbaijan’s Agdam district, a significant agrarian development project is gaining momentum with Belarusian expertise at its core. This initiative was highlighted during a recent meeting between Anar Guliyev, Chairman of Azerbaijan’s State Committee for Urban Planning and Architecture, and a delegation led by Belarusian Deputy Foreign Minister Igor Nazaruk in Baku.
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After the 44-day war, there is increasing interest in opening railway routes between Azerbaijan, Armenia, and Turkey. This interest has heightened following the fifth round of negotiations between Armenian and Turkish special representatives Ruben Rubinyan and Serdar Kılıç at the Alijhan-Margara checkpoint on the border of the two countries.
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