Commercial oil production dropped by 5.7%

Our country’s commercial oil production in the mining sector decreased by 5.7%, while commercial gas production increased by 4.3% for Jan-Apr 2024.

Production in oil & gas sector decreased by 0.2% — Report

Azerbaijan has reported on annual inflation

The consumer price index for Jan-Apr of this year made up 100.7% compared with Jan-Apr 2023, including 99.3% for food, beverages and tobacco products, 101.3% for non-food products, 102.4% for paid services provided to the population.

Ventilation systems to be produced in Agdam

Metkons LLC was registered as a resident of the Agdam Industrial Park in April 2022.

STP authorized capital increased by 2.7%

The authorized capital of Sumgait Technological Park LLC (STP) was slightly increased and exceeded 400 million manats.

How to get an extract for a land plot with municipal documents? - Video

There are land plots with municipal documents, which are not risky to buy. But at this time it is very important to pay attention to some points.

Well-known plant in Azerbaijan continued to operate at a loss – Report

Bakı Polad Burazlar OJSC has published its financial statements for 2023.

List of countries with the highest inflation

The ranking of the countries with the highest inflation has been published.

Mikayil Jabbarov voiced the priorities of Azerbaijani economy

Our main goal is to diversify the economy.

Blurred Stories and other features have appeared on Instagram

Taleh Kazimov: By end of 2024, GDP growth in Azerbaijan to be 3.5-4%

The Central Bank of Azerbaijan forecasts GDP growth of 3.5-4% this year.

Annual inflation in 2025 - Forecast

A plant for 16 million manats to be liquidated in Azerbaijan

Reges Alçı-Zavod LLC has announced about its liquidation.

Turkish Airlines intends to buy 235 aircrafts

Turkish Airlines is negotiating with aircraft manufacturers Airbus and Boeing about purchase of 235 aircrafts from them as part of its development strategy.

Aqrar Sığorta's premiums decline by 23%

Aqrar Sığorta has published a report on premiums and payments for Jan-Mar2024.

Turkish company to get Aghdam Industrial Park resident status

Turkish company Birlik Deri, specializing in the production of leather products, is planning to develop activity in the Karabakh economic region of Azerbaijan

Minister: Hungary invests in Azerbaijan in field of energy drinks

Energy projects between Hungary and Azerbaijan are ongoing.

Azerbaijan and Kyrgyzstan abolish double taxation

Fitch Ratings may raise Azerbaijan's credit rating

Decrease in number of taxis led to growth of prices

There is an increase in prices for taxi services.

Surplus forms in State Budget — Revenues exceed expenses

State Budget revenues in the 1st quarter of 2024 amounted to 9.234 bn manats and expenses — 8.412 bn manats.