On July 13, 2012 Azerbaijan State Securities Committee registered a prospect of issue of shares of Azerkorpu open-type JSC. The decision to issue shares with total value of 5000 AZN was made at the session of shareholders on June 24, 2012 after merger with the Ukrainian Azerkorpu-Autobahn company, founder of which is Azerbaijani citizen.
A source from Azerkorpu told Turan that the goal of the merger is implementation of a big transport infrastructure project, the contractor of which is Azerkorpu company, in Kiev district. Azerkorpu-Autobahn company has experience of construction of the Kiev-Chop highway.
During 2011 Azerkorpu company carried out the contract works totaling about 300 million AZN. The company has got a net profit of 17 million AZN. The authorized capital of JSC is 372,290 AZN.—0—
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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