The share of Lada insured in Azerbaijan - about 40%
In contracts for liability of owners of vehicles to third parties in the lead are cars of Lada, registered in Azerbaijan (38.7% of the total).
According to the Bureau of Compulsory Insurance, all with local motorists last year made 692 217 thousand contracts. Of these, more than a third of the production are cars VAZ, and the share of the brand Mercedes Benz is 16.3% (112 765 thousand contracts). - 17D-
Economics
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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