Zorlu Holding arrived in Azerbaijan - Memo of Understanding signed

The Memorandum of Understanding has been signed between the Ministry of Economy of Azerbaijan and Zorlu Holding, one of the leading companies in Turkey

Georgia's GDP growth rate decreased by 4.5%

The value of nominal GDP produced in Georgia in the 1st quarter of this year was 11.276 bn lari, ABC.AZ reports with reference to the National Statistical Office of Georgia

AZSTAND’s net profit decreased

The Azerbaijan Institute of Standardization (AZSTAND) completed 2020 with net profit of AZN 33,000 (3.8-fold less than in 2019)

Azerbaijan numbers more than 5 million economically active people

Saudi Arabia's economy lags behind by 3%

The General Authority for Statistics (GaStat) of Saudi Arabia has published data for the 1st quarter of this year

European economy to start to recover next year

European Central Bank’s president Christine Lagarde said she expected the European economy to return to pre-COVID-19 levels in Q1 of 2022

Plastic production has lowered

Global plastic production declined for the third time since World War II in 2020

Tax Service moved to new building of Economy Ministry

This plant ended 2020 with loss

Mashinostroitelny Zavod named after Bunyad Sardarov finished 2020 with loss of AZN 407,000

Improtex Motors reduced its authorized capital

Production of industrial output decreased this year

Azerbaijan's economy grows

Over Jan-May 2021 Azerbaijan's GDP was produced for AZN 31.5 bn (0.8% more against Jan-May 2020)

Azerbaijan imported 40,000 doses of Russian vaccine

Another 40,000 doses of vaccine Sputnik V were delivered to Azerbaijan

Vusal Gasimli: Development of mining industry in Karabakh under plans

In Karabakh, the economy will develop in public-private partnership on six main directions

Money allocated to improve irrigation and water supply in four districts of Azerbaijan

World Bank raises forecast on Azerbaijan

The World Bank has raised the forecast of Azerbaijan's economic growth for 2021 by 0.9 percentage points compared with January up to 2.8%

One more leasing company registered

The State Tax Service registered Abşeron Lizinq CJSC this month

Statistics Committee has published a report – there are cuts

The revenues of the State Statistics Committee decreased sharply to AZN 15.109 million for 2020

Statistics Committee’s revenues sharply lowered

The State Statistics Committee has received an income of AZN 15.109 million in 2020 (21.37% less versus 2019)

Economy Minister: Number of Turkish companies grows in Azerbaijan

The quantity of Turkish companies operating in Azerbaijan grows

Tax Service’s revenue increased more than by 50%

The revenues of the State Tax Service of Azerbaijan amounted to AZN 190.75 million for 2020 (AZN 121.48 million in 2019)