Economics - 2021
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Wind turbines for 6 MW each (40 pieces) for creation of the first large private wind farm in Azerbaijan by the order of ACWA Power (Saudi Arabia) are assembled in China; however, there is a real risk...
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At an auction held on 24 December it was sold rights to 14 blocks of 6 quarries of useful minerals located in Qaradag region of Baku, as well as in Kazakh and Absheron regions.Sale of quarries with di...
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The fourth Azerbaijan Trade House in the People's Republic of China was opened on December 25 in Jangjiajie city of Hunan province.The new trading house occupies 300 square meters in one of the city's...
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Azerbaijan imported 1 million 17.5 thousand tons of durum and soft wheat, as well as seeds from Russia and Kazakhstan in the first 11 months of the year which is down 9.6% from 2020, the State Customs...
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It was announced of the merger of between LLC "PMD Group" and LLC "Azvil Tikinti", upon the completion of which the latter will stop its activities. Azvil Tikinti LLC is one of the two customers of th...
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The International Monetary Fund (IMF), with which Azerbaijan has been building relations only on the basis of consultations since 2006, without credit borrowing, published the results of consultations...
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This year, imports of gas meters (586.1 thousand units) increased by 15.6%, electric meters (291.8 thousand) by 45.1%, according to the State Customs Committee. Both state utility monopolists have dis...
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Preferential treatment for import and sale of gold and jewelry, applied since this year in order to eliminate counterfeit goods at the market, has not yet led to expected results. This is evidenced by...
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President of Azerbaijan Ilham Aliyev appointed Mammad Abbasbeyli as the chairman of the State Service on Antimonopoly Control and Consumer Market Supervision under the Ministry of Economy. Since July...
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President Ilham Aliyev has approved the state budget for 2022, following which the Baku Metro will receive over AZN 51.9 million ($30.5 million) in subsidies from the state next year to ensure its act...
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The Ministry of Economy "with due regard for present-day challenges" has prepared and submitted proposals to the government aimed at improving the mechanism for leasing state property, as well as the...
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The State Property Service summed up results of the 12th specialized cash auction at which a controlling stake in the Jeyranbatan reinforced concrete slabs plant was sold. Following the results of the...
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On December 21, the Cabinet of Minsters revised the list of agricultural plants and livestock subject to agricultural insurance.Note that the previous list approved in December 2019, included 14 speci...
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About a month has passed since the day of completion of privatization of 15% of Azərtütün OJSC's shares by closed subscription among members of the labor collective. But contrary to the requirements o...
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Since 20 December there is organized a pre-New Year's fair "from village to city" in Baku and Apsheron.Agricultural products are sold at this fair organized by the Ministry of Agriculture. Under the M...
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The Ministry of Agriculture has announced the completion of a tender for the selection of an IT company for creation of an e-commerce portal for agricultural products. In keeping with the terms of the...















