Economics - 2022
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State electricity distribution company "Azərishiq" has entrusted "Integras" LLC with tender procedure for external power supply of pumping station of agricultural park located at 12th km of Ganja-Sham...
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In the first nine months of this year the balance sheet profit of Azerbaijan's hotel business amounted to AZN 47.5 million. Over the same period of the last year, the total expenditure of hotels (AZN...
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"Daşkəsən Dəmir Filiz" (DDF) on 29 November has signed a contract for a detailed design of auxiliary buildings, infrastructure and slurry pipeline to be constructed and restored for reconstruction of...
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International sanctions imposed on a number of countries due to new geopolitical realities in the world have also affected oil loading of the strategic Baku-Tbilisi-Ceyhan (BTC) pipeline.An informed s...
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Today a group of investors, as well as the state structure - Agency for Innovation and Digital Development - has announced the establishment of venture capital fund "Caucasus Ventures".Among the found...
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State budget revenues of Nakhchivan Autonomous Republic (NAR) for 2022 on customs taxes and duties is expected to reach AZN 32.278 million, which exceeds by AZN 3.4 million what it was in previous yea...
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By the end of October 2023, "Körpü-Bina-Tikinti" LLC will complete the construction of an irrigation network in a number of farms located on the Absheron Peninsula.Two contracts for the implementation...
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In the draft state budget for 2023 the revenues from privatization of state property are forecast at AZN 100 million which is down by 12.3% (AZN 14 million) from the expected performance for the curre...
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In the first half of this year, the balance sheet profit of the state-owned company "AzerGold" amounted to $11.2 million. The company has published its semi-annual consolidated financial statements fo...
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This October property rights for 35.300 real estate units were registered in Azerbaijan, including 7 243 units for the first time. In the secondary market more than 27,000 real estate objects were sub...
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The United Directorate for Land Reclamation and Irrigation Projects reported today of signing a contract on 24 November with a joint venture of two Turkish companies for a feasibility study and constr...
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On November 24, the Cabinet of Ministers adopted Resolution No. 421 on approval of the "Simplified rules for classifying land as agricultural land, as well as on including and changing the composition...
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As of November 25, 285.700 tons of harvest were delivered in conditioned weight to the harvesting points of cotton gins. The average yield reached 27.4 c from 1 ha.According to the Ministry of Agricul...
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It turns out that the "Yeni Clinic hospital" in Baku, commissioned in March 2020, lacked certain attributes typical for all state-owned enterprises and facilities. The new management decided to fill t...
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The Agency for the Development of Economic Zones has granted the status of a resident of the Hajigabul industrial quarter (HIQ) to three more companies."Absheron Trendıng" LLC (TIN: 1804738961) will b...
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The State Tourism Agency has signed a contract with "SS.Proje" Ltd to develop design and estimate documents for restoration and construction works in Tug village of Khojavand region.The documents will...















