Economics - 2015
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The Accounting Chamber of Azerbaijan (ACA) estimated that the income of the local population in the last year amounted to 39 billion 360.7 million manats (+ 4.8% to the end of 2013). More than half (6...
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The long-standing struggle for possession of Dashkesan Mining Plant and to manage deposits of the Dashkesan group has erupted again. This time, the confrontation between the sides appeared in the pres...
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Vagit Alekperov, president of the oil company "LUKOIL", said that the price of oil in the medium term is stabilized at $75 per barrel. We will probably see a gradual reduction in the rate of extracti...
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Azerbaijan became the 48th member of the international insurance system Green Card.According to the information on the website of the Bureau of Compulsory Insurance (BCI), the Council of Bureaux Green...
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The methanol plant in the Garadagh district of Baku that was suspended after the arrest of the Chairman of the Supervisory Board Nizami Piriyev on May 8 plans to restore its work in early June, immedi...
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Ltd. Synergy Trade House passed state registration on May 25. The official address of the company coincides with the central office of one of the fastest-growing holdings of Azerbaijan Synergy Group -...
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On Friday the plenary session of the Milli Majlis passed a bill "On the execution of the state budget of Azerbaijan for 2014." According to the chairman of the Accounting Chamber Vugar Gulmammadov, l...
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In 2014, the revenues of Azerlotereya from the sale of lottery tickets totaled 28 million 514 thousand manats. This is 5.8% more than in 2012. At the same time profitability of the state monopoly of r...
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The Chamber of Auditors of Azerbaijan (CAA) is preparing to join the International Forum of Independent Audit Regulators (IFIAR). The decision was taken the day before, according to the information on...
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The first turbine of the wind power station Yeni Yashma was put into operation in Khyzy region yesterday.The State Agency for Alternative and Renewable Sources of Power reported that capacity of each...
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The local mobile operator and provider of Internet services AzercellTelecom received n Social Bakers Engage Award from the renowned research agency Socialbakers conducting monitoring social media worl...
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In spite of the expansion of relations between France and Azerbaijan, cooperation potential is not fully used, said on May 27 at the meeting with reporters the Ambassador of France to Azerbaijan Pasc...
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The online resource www.meydan.tv has published journalistic investigation titled “Abid Sharifov, Ghostly Alabala and the Real EVRASCON,” in which, based on documents, they listed the property status...
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In January-April 2015, 60 companies, including 16 joint-stock companies, with the participation of the Azerbaijani capital were founded in Turkey, according to the Union of Chambers and Commodity Exch...
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In the first quarter of this year, Azerbaijan produced 7.2 thousand tons of fruit and vegetable juice, which is 4.3% less than in the comparable period of 2014, the State Statistics Committee told Tur...
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By present $12 billion has been invested into implementation of the Shah Deniz Phase 2 field, including construction of the pipeline infrastructure in Azerbaijan and Georgia, and 30% of works have bee...











