The latest investments of Palmali Group of Companies began to annoy certain people and organizations. Therefore, they shifted from Azerbaijani websites and started to publish false news on small-scale Turkish websites in order to refer to them later as a source. Such kind of false news is made on purpose to damage our reputation and create problems to us. We know exactly who is behind all this. Palmali Group of Companies does not cooperate with any sanctioned country and will never do it in future. We are opening a new office in the USA, the process is close to completion. We work transparently and within the framework of law. That is why we are in the list of the largest and most reliable companies in the world. How can a sanctioned company open an office in the USA? None of mentioned ships belongs to Palmali Group of Companies. ®
Economics
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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Azerbaijan’s State Railways (ADY) reported a 28% year-on-year increase in transit cargo volumes through the North-South International Transport Corridor (NSTC) in 2024, reaching 814,000 tonnes. This growth underscores the country’s concerted efforts to unlock the strategic potential of the corridor, which connects Northern Europe and Russia to the Indian Ocean.
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