Economics - 2023
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Baku/27.10.23/Turan: Based on the results of the 2022 fiscal year, Azerbaijan Railways CJSC has earned about AZN 85 million in net profit, which is up by 5.1 times from the previous year.According to....
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Baku/26.10.23/Turan: The European Bank for Reconstruction and Development (EBRD) announced on October 26 the arrangement of a syndicated loan amounting to $197.1 million (186.9 million euros) for Acwa...
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Baku/26.10.23/Turan: In January-September this year, food products totaling $1 billion 576.100 were delivered to Azerbaijan, which is down by 2.3% from the comparable period of 2022, the State Customs...
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The "Media Development Agency" (MEDİA) cancelled the open tender procedure for purchase of goods (works and services) as part of a set of measures to support the development of online media, encourage...
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Baku/26.10.23/Turan: On 25 October, the Rehabilitation, Construction and Management Service in the Karabakh Economic Zone signed a contract with "Real-İnşaat" LLC (Taxpayer Identification Number: 6000...
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Baku/26.10.23/Turan: The State Agency for Compulsory Medical Insurance (SACMI) announced today, through the State Procurement Portal, the signing of a contract with "ORN Group" LLC for overhaul of the...
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Baku/26.10.23/Turan: "AzerGold" CJSC and "Azerbaijan Investment Company" OJSC - two state-owned companies of Azerbaijan signed a Memorandum of Understanding on cooperation in the diamond industry with...
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Baku/25.10.23/Turan: "MİDA: LLC under the State Housing Construction Agency (SHCA) signed a contract with "Qurucu" LLC on 9 October for preparation of the territory for development, vertical planning,...
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Baku/25.10.23/Turan: In nine months, the revenue of hotels and hotel-type facilities (about 370 million manats or $270 million) in Azerbaijan grew by 37.4% as compared to the same period in 2022. At t...
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Baku/25.10.23//Turan: SOCAR (The State Oil Company of Azerbaijan) plans to increase the capacity of the STAR oil refinery in Turkey to 13 million tons per year in 2024, the head of SOCAR Turkey Refini...
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Baku/25.10.23/Turan: Passenger traffic at Baku Airport totalled 4,325,000 people in 9 months of this year, which is up by 102,000 from the comparable period of the last year, the airport's press servi...
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Baku/25.10.23/Turan: Only 21 units of used vehicles were privatised at open auctions organised by the State Property Service in September this year, the department's report says. Investors showed no i...
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Baku/25.10.23/Turan: On October 24, a meeting was held in the Cabinet of Ministers dedicated to the results of control measures related to the implementation of the "1-st State Program for the Great R...
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Baku/24.10.23/Turan: The Agency for Development of Economic Zones (ADEZ) under the Ministry of Economy announced on October 23 the second public procurement contract for the care of vineyards in the t...
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Baku/24.10.23/Turan: In the first nine months of this year, the volume of industrial production in actual prices (50 billion 244 million manats) declined by 21.7% as compared to the comparable period...
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Baku/24.10.23/Turan: The Construction and Supply Department of the Ministry of Science and Education signed a contract on 10 October for the construction of a building for full secondary school for 96...















