Azerbaijan to produce hair dye

For the first time in Azerbaijan, the production of hair dyes began in the High-Tech Park of the Ministry of Science & Education.

Almost 4,000 commercial organizations registered by state for Jan-Apr 2024

As of May 1, 2024, 87.3% of 1,547,914 taxpayers registered in Azerbaijan were individuals and 12.7% - legal entities and other organizations.

Azerbaijan numbers 140 Italian companies

Large projects are expected to be implemented in the liberated territories of Azerbaijan. Italian firms interested in participating in projects to be implemented in Karabakh.

World’s largest Internet companies by market value - Rating

Alphabet has become the largest Internet company in the world by market value.

State to pay transport costs of entrepreneurs

The payment of logistics subsidies will begin in Azerbaijan for the first time.

Azerbaijan included 9 companies in register of unreliable suppliers

During this year, 9 companies have been included in the register of unreliable suppliers in Azerbaijan.

This French company leaves Azerbaijan

The liquidation of the representative office of French company Schneider Electric Industries SAS in Azerbaijan has been announced.

Regulation on Single Register of SMEs approved

The Regulation on the Single Register of Micro, Small & Medium-sized Enterprises has been approved.

CTC Holding suffered losses for 5 million manats

CTC Holding ended 2022 with a loss of 4.6 million manats. Company’s losses in the previous year amounted to 238,000 manats (19.4-fold more than a year earlier.

Caspian Agro and InterFood Azerbaijan exhibitions are to be held in Baku

Authorized capital of Orbita-Market LLC sharply reduced

The authorized capital of Orbita-Market LLC is decreasing.

This year, 71% of concessional loans accounted to districts

Nearly 200 million manats of subsidized loans to be given to entrepreneurs this year

The minimum goal on preferential loans for entrepreneurs this year is to repeat the results of last year, ABC.AZ reports, quoting Osman Khaliyev, the chairman of board of the Entrepreneurship Development Fund.

Subsidized loans for 45.4 million manats repaid for past 3 years

Over the past 3 years, in 432 cases, there has been a complete and partial deviation from the purpose of preferential loans given in Azerbaijan

Leasing companies owned by the same person are liquidated

Leasing companies owned by the same person are being liquidated in Azerbaijan.

Subsidized loans given in Azerbaijan for more than 800 women's entrepreneurship projects

Concessional loans worth more than 50 million manats have been given in Azerbaijan for more than 800 investment projects related to the development of women's entrepreneurship.

7 Slovak companies operate in Azerbaijan

There are opportunities for expanding relations between Azerbaijan and Slovakia in the field of IT.

Sumqayıt Aşqarlar suffered losses last year - Report

Sumqayıt Aşqarlar OJSC completed 2023 with a loss of 155,000 manats.

The most expensive companies in Europe by market value – List

The rating of the most expensive companies in Europe by market value has been published.

A concessional loan given for hotel & restaurant project in Guba

The Entrepreneurship Development Fund under the Ministry of Economy of Azerbaijan provided 150,000 manats ($88,235) in concessional loan to the hotel and restaurant project in Guba district.

Retail trade turnover of microenterprises declined by 28% in Azerbaijan

The income of microenterprises in Azerbaijan in the first quarter of 2024 increased by 21.38 million manats or 13.4% compared with Q1 of 2023.