In the registry of foreign insurance and reinsurance companies there is not a specialized structure of the Russian RESO, said the State Insurance Supervision Service under the Ministry of Finance of Azerbaijan.
It is an official denial of the misinformation on the website Virtual Azerbaijan published on September 24. According to colleagues called "investigative journalism," the insurance company owned by a Russian billionaire of Armenian descent has taken the proper niche in the local insurance market.
Turan regularly tracks changes in the registry and reports that the list (http://www.sigorta.maliyye.gov.az/node/22) of foreign insurance and reinsurance companies does not mention a structure with the name of RESO.
For the record - the last Russian insurer LLC SK Master-Garant entered into the register in March this year. The roster has 93 foreign insurers, including 16 representatives of Russia. - 17D-
Economics
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The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
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Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
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Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
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Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
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