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.

Company with equity capital of AZN 10,000 established in Azerbaijan

On 29 November 2022, the State Tax Service carried out the state registration of Dress Caspian LLC.

State Service registered this company

The State Tax Service carried out the state registration of Imza Inşaat LLC on 18 October 2022.

A Turkish citizen has set up a company in Baku

On November 30, 2022, the State Tax Service carried out state registration of Sert Alloy Metal LLC.

A company with equity capital of over AZN 54 million established in Azerbaijan

This company is being liquidated – shareholders to gather for a meeting

Bakı Ixtisaslaşdırılmış Nəqliyyat OJSC will hold the next general meeting of shareholders at 10:30 am on 8 February 2023.

A hotel company under liquidation in Azerbaijan

Hotel company Imişli Mehmanxana OJSC will hold the next general meeting of shareholders at 11 am on 11 February 2023.