Economics - 2023
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Baku/12.05.23/Turan: The total volume of SOCAR investments in projects in Turkey over 15 years amounted to $18 billion, of which $10 billion directly into the Turkish economy. Elchin Ibadov, the new C...
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A group of passenger transportation companies in Baku have expressed their dissatisfaction with the recent reduction in the diesel fuel subsidy, which has been in effect since February 1. These compan...
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Baku/12.05.23/Turan: SOCAR trading house - "SOCAR trading" has been granted a 10-year license for gas trade in Bulgaria, Bulgarian National Radio (BNR) reported on 12 May."The Bulgarian energy and wat...
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Baku/12.05.23/Turan: "SOCAR Turkiye Enerji" (SOCAR's Turkish subsidiary, "STEAS") plans to raise capacity of "STAR" refinery from 11.3 million tons to 12 million tons per year in 2023, head of "SOCAR....
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Baku/12.05.23/Turan: In January-March this year, the size of the average nominal wage in Azerbaijan made up AZN 901.3, which grew by 11.4% as compared to the same period of the last year.According to....
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Baku/12.05.23/Turan: Azerbaijan's gross domestic product in real prices rose by 0.1% in the first four months of this year, the State Statistics Committee said. Economists are not in a hurry to descri...
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Baku12.05.23/Turan: The reorganization by merging with nine companies engaged in the field of refueling vehicles in the Nakhchivan Autonomous Republic was announced by the group of companies "Nəxşicah...
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Baku/12.05.23/Turan: Last year, a share of proceeds from the sale and rent of land accounted for 35.2% (16,647.900 manats) of income of over 1,600 local self-government bodies of Azerbaijan, the State...
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Baku/12.05.23/Turan: In 2022, "Azerishiq" OJSC as the electricity distribution monopoly of Azerbaijan, earned 64 million manats of profit before tax deduction, which is up by 3.4 times from the previo...








