Economics - 2014
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The Cabinet of Ministers decided to change the rates of excise duties on petroleum products.№Oil productsThe rate of excise tax in % (from January 1,2014)The rate of excise tax in % (from January 1,20...
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The Cabinet of Ministers in order to "strengthen the activities" of the Ministry of Taxes adopted on February 4 a decision on increasing the size of its staff.According to the government's decision ,...
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On the eve of the 20th anniversary of its activities Bank of Baku has launched a completely redesigned corporate website www.bankofbaku.com. This is stated in the press release of the bank.Launch of t...
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In January of this year the State Customs Committee directed to the state budget AZN 97.3 million in the form of customs duties and taxes. This is 28.2 million or 22.5 % less than in December last yea...
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EU to assist Azerbaijan to make social aid more transparent.This was discussed at today's meeting, the Minister of Labour and Social Welfare Salim Muslimov with the head of the EU Delegation to Azerba...
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BAKU/11.02.14/TURAN : The visit of the Chairman and CEO of VTB Azerbaijan, Andrei Kostin started. During it he was received by the President of Azerbaijan Ilham Aliyev, with whom they discussed the pr...
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BAKU/11.02.14/TURAN : VTB Bank (Azerbaijan ) offers corporate customers cash loans up to 11 000 AZN with a low lending rate and without collateral.As stated in the press release of the bank, any clien...
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A few houses would be demolished under the claim of Binaqadi Oil Company. At this time, the oil company claims lands illegally sold to citizens by the Khojasan local government.The case on illegal lan...
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In January of this year, the State Statistics Committee recorded an increase in consumer prices at an annualized rate of 2.2 %. Independent experts do not agree with this assessment and believe that t...
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At a production site of Baku Steel Company there was an accident with fatal consequences.According to the Narimanov district police, a worker Gadir Akif oglu Gafarov (born in 1985 ) during repair work...
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Azerbaijan may stop production of gasoline AI-95. As the head of SOCAR, Rovnag Abdullayev told the media today, SOCAR has suggested the government switch to production of gasoline AI -92 instead of AI...
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In 2013, 155 accidents were recorded in production. State structures recorded a decline of this tragic trend.According to the Ministry of Labour and Social Welfare, last year in accidents in productio...
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In January 2014 number of the oil and gas drilling rigs operating in the world increased to the maximum level since February 2013.The US Baker Hughes service company reported that last month there wer...
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The first branch of South Stream gas pipeline will start to operate at the end of 2015, Vladimir Chizhov, Russia’s permanent representative in European Union, said in his interview to RIA Novosti.Gasp...
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Armenia would have lost $400 million a year, if it would not signed the gas agreement with Russia, said Armenian Economy Minister Vagram Avanesian in his interview to Armenia TV channel. During the ta...
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In 2013 Azerbaijan delivered to Georgia about 1,898,500,000 cub.m. of gas, up 36.1% against 2012, reads information posted on SOCAR’s official web site.Of total volume 652.5 million cub.m. was deliver...





