![The general meeting of Buta Sigorta](https://turan.az/resized/./turan-750-500-resize.webp)
The general meeting of Buta Sigorta
The insurance company Buta Sigorta prepares for an annual general meeting of its shareholders.
According to the Board of Directors, reports and plans for the future will be delivered at the office on March 12.
In addition, the shareholders will consider amending the Articles of Association of the company.
Buta Sigorta (formerly called Thames Insurance Group) with a paid charter capital of AZN 6.085 million has been operating in the insurance market since 1996.
This structure is owned by six shareholders - Qafqaz Leasing, Baku Electronics, Bank of Baku, Baku Service Company, and Auto Azerbaijan, each of which has 19% of the shares, as well as their parent organization NAB Holding with a 5% interest in the equity.
The company provides services for the nominally 17 types of voluntary and three types of compulsory insurance.
In 2012, the premiums reached 2.82 million manats and the payments made up 316.49 thousand manats.
The authorized share capital of the company is 7.3 million manats. - 17D-
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review