Economics - 2021
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By the decree of President Ilham Aliyev of January 26, Minister of Transport, Communications and High Technologies Ramin Guluzadeh was relieved of his post.Rashad Nabiyev, who previously held the post...
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At the end of 2020, the unemployment rate in Azerbaijan amounted to 7.1%, exceeding the figure for the previous year by 2.3%, the State Statistics Committee told Turan.In total, 375.9 thousand people...
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In 2020, 1 million 867.3 thousand tons of wheat were harvested in Azerbaijan, which accounted for 57.3% of the grain harvest, the State Statistics Committee told Turan.Last year, wheat production fell...
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Gazelli Group LLC, the first cosmetic company in Azerbaijan, brought the size of the authorized capital to 22 million 260 thousand manats. The founder, Zarifa Hamzayeva contributed 3.5 million manats...
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On January 22, President Ilham Aliyev issued a decree "On measures to improve the management of industrial parks, industrial districts and agricultural parks", in accordance with which the Agency for...
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The Cabinet of Ministers adopted a resolution providing for the attraction of import of purebred thoroughbred cows and other cattle to the customs duty at a zero rate until the end of 2023.The validit...
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In 2020, the volume of beer production in Azerbaijan amounted to 5 million 476.3 thousand deciliters, which is 7.7% higher than the previous year, the State Statistics Committee told Turan. This is a...
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The Institute of Food Safety of Azerbaijan (IFSA) will build a slaughterhouse in the village of Guzanli, Aghdam region.According to the Single Portal of State Electronic Procurement, Aras Group won th...
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The State Service for Property Issues (SSPI) under the Ministry of Economy published a privatization agenda, according to which blue chips will not be offered to investors this year either.In total, i...
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Astara Terminal LLC was registered in December last year. This is the second company established with the participation of Azerbaijan Railways CJSC (AZRW) for the management of the border cargo termin...
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The total production of building materials for 2020 is estimated at 718.9 million manats ($ 422 million), which is 0.1% less than in the previous year, the State Statistics Committee (SSC) reports.Ove...
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In 2020, 3 571.5 kg of gold was mined in Azerbaijan, which is 3.8% less than in the previous year, the State Statistics Committee reports.According to the State Customs Committee, for 11 months of 202...
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In 2020, 61.5 million manats were received from the privatization of state property to the state budget, which is 99.2% of the forecast, the press service of the Ministry of Economy reports.During the...
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Azdağmədən LLC was established in Azerbaijan, which, judging by the name will operate in the mining industry. Polad Hummatov, who is represented in two insurance companies of the country, was appointe...
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The State Customs Committee released data on the import of cars for 2020. They run counter to the indicators provided by the State Statistics Committee.According to the State Customs Committee, in Jan...
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The updated website of the state-owned Azerbaijan Investment Company (AIC) OJSC in Azerbaijani and English has been activated. Analysis of its content shows the previous AIC website was more informati...















