Economics - 2016
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Puratos (Belgium), one of the world's largest manufacturers of bakery mixes and ingredients for confectionery production, has returned to Azerbaijan. Its subsidiary will operate in Baku in cooperat...
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Azerbaijani Central Bank in the first quarter said a negative balance of payments of the country. According to its statements, the current account deficit by April 1 amounted to $ 432.151 milli...
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On June 17 the Financial Market Control House (FMCH) registered the issue of 4 million short-term bonds for 100 AZN each by the Finance Ministry. As Turan was told in the FMCH press service, the te...
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In the joint participation of local and Russian business in Azerbaijan it is planned to build a modern high-tech pharmaceutical enterprise. The project is going to be realized by the Azerbaijani compa...
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In connection with the reduction in the volume of international freight transport, mainly via the TRACECA transport corridor, performance of public transport companies has deteriorated. According...
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Baku hosts the Azerbaijani-Russian business forum. The Deputy Minister of Economy of Azerbaijan Niyazi Safarov said at its opening that 600 Russian companies had invested in the local economy about $...
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Azerbaijan’s profit from implementation of the Southern Gas Corridor (SGC) project will total $30-50 billion, Shakhmar Movsumov, Executive Director of the State Oil Fund of Azerbaijan (SOFAZ), said...
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This year, the area under rice in Azerbaijan increased by 2 times and reached 2,268 hectares. Acreage has also increased under other agricultural plants. As of June 1, the area under cotton made u...




