In the first half of this year in Azerbaijan was liquidated 22 companies with 100% foreign capital and joint ventures 2.
According to State Statistical Committee, since the beginning of the year in Azerbaijan State Register of legal entities were removed 222 companies, 39 of which were state-owned. Over six months were formed 4097 private companies, including 350 with the participation of foreign capital.
For July 1 this year in Azerbaijan operate 5194 companies with 100% foreign capital, as well as their representative offices and branches, 1676 companies in which present and local capital.
Third f companies with foreign capital belong to Turkey. Then come Turkey (9.6%), Russia (7.1%), Iran (5.6%), the U.S. (3.9%), Germany (2.3%.)
Foreign companies operate mainly in the fields of construction - 1048 subjects, processing industry - 590 Trade - 1893 etc. --08D--
Economics
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The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
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"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
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Данная инициатива направлена на цифровизацию процессов управления в сфере безопасности пищевых продуктов в Азербайджане, создание более эффективной и прозрачной системы за счет применения современных технологий.
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Azerbaijan’s President Ilham Aliyev has signed a decree confirming an agreement between the governments of Azerbaijan and Russia aimed at boosting transit cargo shipments along the "North-South" international transport corridor.
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