Two documents signed between Azerbaijani and Chinese companies

Two documents have been signed between Azerbaijani and Chinese companies in Baku as part of the conference “SCO Demonstration Zone - Promoting Logistics and Trade in Azerbaijan".

Over 6,500 Samsung employees went on strike

More than 6,500 employees of South Korean Samsung Electronics went on a three-day strike on Monday.

An Indian citizen has set up a company in Azerbaijan for 50,000 manats

On April 30, 2024, the State Tax Service under the Ministry of Economy carried out the state registration of Nassar & Jayan Group LLC.

German businessman has registered a company in Azerbaijan

In Azerbaijan, a company is liquidated by merging with another

Company FSL LLC ceases operations by joining Faktor Qrup-S-1 CJSC.

Another foreign company closes a branch in Azerbaijan

The branch of UPB Nams LLC (TIN: 1304609411) in Azerbaijan announces liquidation.

Jeff Bezos plans to sell Amazon shares for $5 bn

Amazon CEO and founder Jeff Bezos plans to sell up to 25 million shares of his company by the end of 2025.

Zayam Technology Park suffered a loss of 1.726 million manats

Zayam Technology Park completed 2023 with net loss of 1.726 million manats. In 2022, the company received loss of 1.915 million manats, which means a decrease in loss by 10% year-on-year.

A company for 400,000 euro closes in Azerbaijan

Sika MBCC Azerbaijan LLC (INN: 1300918211) joins Sika LLC (INN: 1700393071) and announces liquidation.

Phil Schiller to join Board of Directors of OpenAI

Phil Schiller will join the Board of Directors of OpenAI as part of the deal with Apple.

A company with authorized capital of 94,000 set up in Baku

On May 1, 2024, the State Tax Service registered Yurd El 2005 LLC.

A company with authorized capital of 600,000 manats registered in Azerbaijan

On May 2, 2024, the State Tax Service (under the Ministry of Economy of Azerbaijan) registered Caspian Exchange Group LLC.

A company with authorized capital of 34 million manats set up in Azerbaijan

A company with an authorized capital of 34 million manats has been created in Azerbaijan.

A company with authorized capital of 2,340 manats established in Azerbaijan

On May 23, 2024, the State Tax Service (under the Ministry of Economy) registered Kabox LLC.

In 2024, fortune of Russian billionaires increased by $28.7 billion

The wealth of Russian billionaires has increased by $28.749 billion since the beginning of 2024.

A construction company for 35,000 manats under liquidation in Azerbaijan

The liquidation of Specialized Construction-32 (TIN: 1500415611) has been announced.

Exol Azerbaijan's net profit declined more than by 20%

Another travel company liquidated

The liquidation of Fast Travel LLC has been announced.

Entrepreneurs to be provided with access to extra financing

Plans are underway to finalize and launch initiatives aimed at providing entrepreneurs in Azerbaijan with access to additional financing by the end of 2024.

3 companies merge in Azerbaijan

Fresco SS LLC, Amor Plaza LLC and Arsenal Texno Group LLC are merging.

A company for 200,000 manats closes in Azerbaijan

The liquidation of MEST-6 LLC (TIN: 0201411341) has been announced.