Drug sales decreased for 6 months

Pharmaceutical products and medical supplies for AZN 624.6 million were sold in the retail chain (pharmacies) for Jan-Jun 2023.

Retail trade in Azerbaijan has grown in 6 months

Over Jan-Jun 2023, goods for AZN 26.3 bn were sold to consumers in the retail trade network of Azerbaijan, including foods, beverages and tobacco products for AZN 14.8 bn, non-food products for AZN 11.5 bn.

Azerbaijan to begin flour enrichment

Flour will be enriched in Azerbaijan.

Advertising of energy drinks in sports programs is unacceptable

Advertising of energy drinks in sports programs is unacceptable. An energy drink cannot be a sponsor of the program, just as advertising of alcohol and cigarettes is prohibited.

Customs Committee held a meeting

The State Customs Committee held a board meeting dedicated to the first half of 2023.

Retail sales in the UK increased

The British Retail Consoprtium (BRC) and KPMG have published data on retail sales in the UK.

Azerbaijan increases smartphone imports from Czech Republic for Jan-May

Smartphone deliveries from the Czech Republic to Azerbaijan reached 40,980 phones for Jan-May 2023 (63.3% more versus Jan-May 2022).

Cabinet Ministers amends decision on customs duties

Export of products from Ankara to Azerbaijan has increased

Bread may become cheaper in Azerbaijan

As of the end of June, the price fell by 2.1%, ABC.AZ reports, quoting expert economist Khalid Kerimli.

MP: When there is competition in drug market, prices will decrease

Where medicines are plentiful and available, prices are also expected to be optimized, ABC.AZ quotes MP Rashad Mahmudov.

Türkiye’s clothing exports to Azerbaijan exceeds $39 million

Seaside Boulevard administration has losses or profit?

The Seaside Boulevard Administration completed 2022 with profit of AZN 102,000, while the 2021 with was finished with loss of AZN 5.514 million.

Azerbaijan's non-oil exports grew by 21% in 6 months

AZPROMO ended last year with net profit

The Azerbaijan Export & Investment Promotion Agency (AZPROMO) under the Ministry of Economy completed 2022 with profit of AZN 1.225 million.

Azerbaijan to sell cigarettes for $13 million a year to Georgia

Japan Tobacco International (JTI) and Tabaterra CJSC, the largest cigarette manufacturer in Azerbaijan, agreed to start production of global brands of JTI cigarettes at the Tabaterra factory for export to Georgia.

Will prices of medicines fall in Azerbaijan?

The main purpose of the amendments to the Law on Medicines is to optimize prices in the market of medicines and, in particular, to prevent growth of prices for medicines, the prices of which have recently increased

Azerbaijan observes shortage of medicines

One of the main causes of shortage of medicines is instability in the international market.

Azerbaijan and Türkiye to introduce new customs privileges

Countries that sold most of all gold in May

According to preliminary data, the world's central banks sold 27.4 tons of gold from gold and foreign exchange reserves in May 2023.

Oriflame has reduced its employees in Russia by 32%

Swedish cosmetics & perfumery manufacturer Oriflame, which sells products by direct sales, reduced the number of staff by 32% in 2022.