Economics - 2014
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Azerbaijan's State Oil Company (SOCAR) approved on Sept. 3 a plan for warning and elimination of oil spills, SOCAR reported.SOCAR said that in the near future it will assess the technical condition...
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From January to August 2014 SOCAR exported 2,029,456 tons of Azerbaijani oil transported via the Baku-Supsa oil pipeline from the Supsa port.SOCAR press office said that this is up 10.4% against the s...
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From January to August 2014 SOCAR has shipped 677,785 tons of crude oil exported via the Baku-Novorossiysk pipeline from the Novorossiysk port, reported SOCAR press office.According to the same source...
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Baku/05.09.14/Turam: Export of Azerbaijani gas to Russia has been suspended again, a source from the State Oil Company of Azerbaijan (SOCAR) said.The deliveries have been suspended, because of constru...
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JSC Gunay Bank has issued stock to raise its capital by about 50 million manat. This is one of the banks in Azerbaijan, whose registered capital is not adequate to the minimum requirement of the Centr...
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Public Service Labour Inspectorate under the Ministry of Labour and Social Welfare revealed 1 957 violations of labor laws in August.As stated in the ministry, most of the violations were found in the...
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Azerbaijani banks in 2014 significantly increased lending to customers in the country. According to the Central Bank in the first seven months of this year compared with the same period of 2013 region...
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The Ministry of Transport will present by the end of 2014 sustainable transport investment program and the transport map of Baku.Progress in the preparation of the program was discussed in the Ministr...
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Baku Metro will move to the winter mode by the new school year.According to the press service of the closed joint-stock company, the transition to a new schedule implies an increase in the number of t...
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The capital of Azerbaijan on October 22-23 is to host the International Forum on "E-Services in the field of social protection: the quality and scale." According to the report of the State Social Prot...
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VTB Bank (Azerbaijan) has opened its 9th branch in Baku. It is located in the center of the Azerbaijani capital at 51 Istiglaliyyat Avenue.At today's opening ceremony, Chairman of the Board VTB Bank (...
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In the first quarter of next year the process of converting industrial associations Aztelekom and Baku Telephone Communications (BTRIB) into a public corporation will be completed.As reported today by...
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In the first half of 2014, Azerbaijan produced 1,578,400 deciliters (dal) fruit juices, told Turan the State Statistics Committee. In recent years, despite the overall increase, many juice producers w...
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On August 1, the average lending rate of local commercial banks was 4.1 times higher than the discount rate of the Central Bank (+17.6% against July 30 and before, by the 1st of May of this year).The...
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The total assets of Azerbaijani banks by August 1 of this year reached $ 23 billion 288,500,000 manat.According to the information on the website of the Central Bank, it is 14.2% more than at the begi...
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Baku Metro postponed until next year the commissioning of two plants under construction in the new "Purple Line". The Bus Station and the Memar Ajami-2 stations will receive passengers during 2015.Acc...


