Pepsico Azerbaijan has broken customs rules – case sent to court

A protocol on an administrative offense contrary to customs rules has been drawn up in relation to Pepsico Azerbaijan LLC.

Turkish company buys American drug producer – contract for $135 million

Turkish company Eczacıbaşı Ilaç has signed an agreement with American drug manufacturer Amgen for the purchase of generics and pharmaceutical raw materials Gensenta Teach for about $135 million.

Nike finally leaves Russia

Nike, a manufacturer of sports goods and clothing, has decided to leave the Russian market.

Azerbaijan reports a 2.9-fold growth of non-cash payments via e-commerce

The volume of non-cash payments in Azerbaijan reached AZN 1.8 bn.

Finance Minister: A slight decrease in prices is expected

Azerbaijan's nonoil exports increased by 30.9%

Azerbaijan carried out nonoil exports for $1.19 bn for Jan-May 2022 (growth of 30.9% versus Jan-May 2021), Economy Minister Mikail Jabbarov says.

Safar Mehdiyev dismissed the arrested customs general

Director of Azerterminalcomplex under the State Customs Committee, Customs Maj-Gen Ehtiram Khalilov has been relieved of his post.

Azerbaijan lowers pomegranate sales abroad

Azerbaijan exported 39,075.65 tons (decline of 7.7%) of persimmons for $29.669 million (6.9% less).

Fruit and vegetable export abroad declined, but their cost increased

Cost of food imports increased by 16%

Expert: Growth rate of prices is almost 3-fold higher than growth rate of cost of living

Digital payments dominate in Hungary

More than half of Hungarian residents prefer to pay for services in a digital way. It's both fast and convenient.

Cases initiated against a number of companies in mobile phone market

Districts with highest overall price increases

The districts and cities of Azerbaijan where prices rose the most for Jan-May have become known.

Customs Committee’s budget obligation increases

The budget commitment of the State Tax Service under the Ministry of Economy is planned to increase by AZN 2.92 million, or by 33.1%, this year.

Granulated sugar has risen in price in Azerbaijan

Growth of wholesale prices for granulated sugar has been recorded in Azerbaijan.

Mango puts up for sale its stores in Russia

Activity of this facility limited

The activity of Gozel production enterprise, located in Nizami district of Baku, has been limited.

Cigarette imports in Azerbaijan decreased

The import of cigarettes from abroad to Azerbaijan has sharply decreased.

Belarus-Azerbaijan trade turnover exceeds $120 million

For past 5 months tomatoes exported for $91 million

Azerbaijan exported 75,772 tons of tomatoes for $91.5 million for Ja-May 2022.