Russian entrepreneur creates a company in Azerbaijan for 2 million manats

Russian company Railgo has established a company in Azerbaijan with authorized capital of 2 million manats.

Starbucks goes through hard times due to boycott calls

Coffee chain Starbucks is currently going through the most difficult period.

Equity stake in Kepez’s authorized capital transferred to an individual

An equity stake in the authorized capital of non-bank credit organization Kepez LLC has been transferred to an individual.

Incomes of individual entrepreneurs in Azerbaijan increased by 21%

The income of individual entrepreneurs in Azerbaijan in 2023 grew by 5.586 bn manats, or by 21% compared with 2022.

Azerbaijan’s Shusha hosts Int’l Entrepreneurship Forum

The International Entrepreneurship Forum is taking place in Shusha, Azerbaijan.

One more company liquidated

Solyaris LLC has announced about its liquidation.

This company to produce ventilation equipment in Aghdam

Metkons LLC received the status of a resident of the Aghdam Industrial Park in April 2022. The company, located on an area of 1 hectare, plans to produce ventilation and fire-fighting equipment, as well as various metal products.

A former employee of Musk reveals main problems of Tesla

Peter Rawlinson, who was once an engineer at Tesla, made sensational statements about the Mask.

Losses of Işgüzar Kredit Ittifaqı increased

Işgüzar Kredit Ittifaqı LLC ended 2023 with net loss of 5,129 manats and 2022 with net loss of 4,991 manats (3% more versus the previous year), ABC.AZ reports with reference to company's financial statements.

Volume of loans to individual entrepreneurs exceeded 3 bn manats for Jan-Apr

The volume of loans given by credit institutions in Azerbaijan to persons engaged in entrepreneurial activity without forming a legal entity has increased for the past 4 months of 2024.

One more pawnshop company created in Azerbaijan

A new pawnshop company, Inci Kredit Lombard LLC, has been established in Azerbaijan.

Beer and soft drinks producer to be established in Gabala

A Joint Participation Agreement on the establishment of a beer and soft drinks production plant in Gabala has been signed, ABC.AZ was informed at the Azerbaijani Economy Ministry.

Simurq Kompani ends last year with loss of over 33,000 manats

Simurq Kompani suffered a loss of 33,097 manats in 2023.

Milk-Pro reorganized

Azemal LLC is separated from Milk-Pro LLC.

Azerbaijan to register LLCs with foreign investments in e-form

The state registration of limited liability companies with foreign investments in Azerbaijan will be carried out electronically.

LLCs to be warned in this case

LLCs (limited liability companies) in Azerbaijan may be warned for late provision of information on the authorized capital.

Elon Musk scared shareholders by demanding 25% of the company

Tesla is a company engaged in artificial intelligence and robotics.

4 companies owned by one person are being liquidated in Azerbaijan

Azerbaijan to export mirrors abroad

In the coming months, the construction of the first mirror manufacturing plant will begin in Azerbaijan.

Equity stakes of shareholders of Partner Finance CJSC changed

A change has been recorded in the distribution of equity stake of shareholders of leasing company Partner Finance CJSC.

Volume of loans given to entrepreneurs almost triples in Nakhchivan

The Entrepreneurship Development Fund of the Ministry of Economy has financed 13 projects within the state support for the private sector in the Nakhchivan Autonomous Republic.