Over 3,000 new jobs created due to Entrepreneurship Fund’s loans

In 2023, the Azerbaijan Entrepreneurship Development Fund gave preferential loans for AZN 193.8 million to finance 3,276 investment projects. The total cost of investment projects is AZN 459.9 million.

MP: We have excluded microentrepreneurs

We have excluded microentrepreneurs.

Over 3 bn manats of concessional loans given for 20 years

In Nakhchivan, 27 entrepreneurs received preferential loans

In 2023, 27 entrepreneurs of the Nakhchivan Autonomous Republic took advantage of preferential loans from the Entrepreneurship Development Fund under the Ministry of Economy.

Microsoft's market value exceeds Apple's capitalization

The market value of Microsoft Corp. exceeded the capitalization of Apple Inc. at the auction on January 11, which has not happened since November 2021

Azerbaijan to establish lavender oil producer

Azerbaijani company looks for a partner in Estonia

Wasco Lab LLC (Azerbaijan) has started a market research to create an intelligent waste management system in Estonia.

Hell Energy to build a plant on territory of Alat FEZ

Hell Energy will soon begin construction of a plant on production of aluminum cans and their filling on the territory of free economic zone Alat.

Producer of chips in Azerbaijan made profit of 3.04 million manats for year

Azerbaijan starts exporting lubricating oils abroad

Resident of the Sumgayit Chemical Industrial Park - ALCO LLC - started exporting lubricating oils for the first time.

Azerbaijan among top five countries opening company in Antalya last year

Azerbaijan was among the top five countries that opened a company in Antalya last year.

Over 55,000 companies went bankrupt in France for 2023

More than 55,000 companies closed in France in 2023, and this is the highest figure since 2017.

5 more SMEs received startup certificates

Another 5 SMEs have received startup certificates from the Agency for the Development of Small & Medium-sized Businesses (KOBIA)

Period of suspension of inspection in field of entrepreneurship extended

President Ilham Aliyev has signed a document on the amendments to the Law on Suspension of Inspections in the field of Entrepreneurship.

A large thermal wood producer plant to open in Lachin

A large thermal wood production plant will open in Lachin.

Bank’s head sets up a company in Azerbaijan

Stone Supply Azerbaijan LLC has passed state registration.

Company with capital of 251,000 manats established in Azerbaijan

The State Tax Service registered Haza LLC on October 23, 2023.

A company with authorized capital of 1.5 million manats established

The State Tax Service carried out the state registration of A-Solutions Elektron Pul Təşkilatı LLC.

Domodedovo registers a branch in Azerbaijan

Domodedovo Commercial Services has registered a branch in Azerbaijan, ABC.AZ was informed at the State Tax Service (under the Economy Ministry).

Company with authorized capital of 3.4 million manats established in Azerbaijan

A new company, Vogue Baku LLC, with authorized capital of 3.4 million manats has been created in Azerbaijan.

A logistics company closes in Azerbaijan

The liquidation of GL Logistics & Transport Service LLC has been announced.