Next SME House to open in this city

The next SME House is expected to start its activities in Ganja

Amount of remuneration of head of Apple to decrease by 40%

Apple CEO Tim Cook will receive $49 million in 2023, which is 40% less than in 2022

New enterprises under creation in Nakhchivan

Elon Musk got into Guinness Book of Records

The head of SpaceX and Tesla, billionaire Elon Musk, who lives in the U.S., got into the Guinness Book of Records.

Issuance of certificates of origin of goods has begun

Rate of bankrupt companies in Japan steadily grows

At least 6,400 companies went bankrupt in Japan in 2022.

A holding company is under liquidation in Azerbaijan

Çinartikinti-Holdinq LLC has announced its liquidation.

Women entrepreneurs submitted 343 projects for activities in Karabakh

Russian entrepreneur creates a company in Azerbaijan

The State Tax Service under the Ministry of Economy has carried out state registration of Kür Agroinvest LLC.

Ilham Aliyev attended opening of Baku SME House

President Ilham Aliyev took part in the opening of the Baku SME House.

This shopping center to be reorganized

Company 8-ci km Ticaret Merkezi has been transformed from a joint stock company into an LLC.

Samsung's operating profit fell by 69% for Q4

Samsung Electronics Corporation said that its operating profit in the 4th quarter of 2022 fell by 69% (against Q4 of 2021) due to low demand for chips and smartphones.

Minimum wage rise to increase payments to Social Protection Fund and Health Insurance Agency

The minimum wage in Azerbaijan was increased from 300 up to 345 manats by the relevant presidential decree from 5 January.

Alibaba Group Holding plans to run its operations in Europe from Turkiye

Alibaba Group Holding’s president Michael Evans announced company's plans to invest in projects in Turkiye and manage its operations in European markets from this country.

List of billionaires with biggest losses for 2022

The fortune of five billionaires in 2022 decreased totally by $378 bn.

McDonald’s intends to exit Kazakhstan

McDonald's Corp is set to abandon Kazakhstan as disruptions triggered by the Ukraine crisis have left the nation without a substitute for Russian meat supplies.

Amazon to cut more than 18,000 employees

Amazon will cut more than 18,000 employees instead of the previously announced 10,000 ones.

Subsidized loan for AZN 2 million given to another entrepreneur

The Entrepreneurship Development Fund has given a subsidized loan of AZN 2 million to entrepreneur Vugar Gardashov, who operates in Siyazan.

Change of a state-run enterprise into a JSC - rules changed

President Ilham Aliyev has approved amendments to the Regulations on the procedure of change a state-owned enterprise into a joint-stock company.

Apple and Tesla shares have fallen sharply in price

Shares of American companies Apple and Tesla have fallen sharply in price because of investors’ concerns about problems with the supply of components from China.

Two companies of the holding established in Nakhchivan reorganized

Two companies belonging to the Union of Companies Gəmiqaya Holdinq have been reorganized.