Smaller shops gradually give way to supermarkets, whose network expands every month. Meanwhile hypermarkets are on the horizon.
Yesterday Azersun Holding announced plans to open 10 supermarkets and 3 hypermarkets Bazarstore in Baku and the regions.
The Director General of Azersun Holding Savas Uzan told reporters that six new stores will be located in Baku. The first two hypermarkets with all necessary infrastructures will be located in the vicinity of the capital
In 2011, the group of companies Azersun Holding launched its network of supermarkets Bazarstore. The network consists of 9 supermarkets in Baku, Sumgait, Ganja, Sheki and Lankaran.
In Baku and regions of the country there are also chains of stores Araz, Sebet, Rahat, Bizim Market, Macro Market, Neptune, Grand Market, Fresco, Continental, City Mart, etc. --08D-
Economics
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Azerbaijan and Iran are actively discussing the construction of a strategic railway line that will connect the East Zangezur Economic Region with the Nakhchivan Autonomous Republic, according to Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC. Rustamov disclosed the details of these talks during his recent visit to Iran, where he met with Jabbar Ali Zakeri Sardrodi, head of the Iranian Railway Administration.
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Agricultural land in Azerbaijan's liberated territories may be leased to business entities through investment tenders. This is reflected in the draft law on proposed amendments and additions to the "Law on Land Lease." The document was discussed at the meeting of the Agrarian Policy Committee of the Milli Majlis (Parliament) on October 14.
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According to preliminary data released by the State Statistics Committee, as of October 1 of the current year, Azerbaijan's economically active population stood at 5.304 million people, of which 5.021 million were employed. These figures highlight the relatively stable labor market in Azerbaijan, as the same number appears in the data for the last three years.
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Azerbaijan witnessed a modest yet steady increase in nominal incomes in the first nine months of 2024, as incomes grew by 6.1% compared to the same period in 2023. This rise brings the total nominal income of the population to 61.587 billion manats, averaging 6039.2 manats per person. This is reported by the State Statistics Committee.
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