J&J increases net profit 2.7-fold in 4th quarter

The net profit of Johnson & Johnson (J&J), the world's largest manufacturer of health products, has increased 2.7 times in the 4th quarter of 2021 up to $4.736 bn, or $1.77 per share, compared with $1.738 bn, or $0.65 per share, for the same period of 2020.

Turnover of new generation cash registers has increased

The expansion of digital administration is of particular importance for building a transparent control system in business entities

Azeripek cuts its authorized capital

Azeripek LLC announced a reduction in the authorized capital from 11,849,579 to 11,546,479 manats, reducing it by 303,100 manats or 2.6%.

List of Azerbaijani goods to be exported to Turkey presented

Azerbaijani entrepreneurs have reached preliminary agreements on new cooperation within the framework of the 28th International Exhibition of Food & Beverages in Antalya

Azer-Avtonagliat shareholders to choose chairman

Azer-Avtonagliat has held an extraordinary general meeting of its shareholders.

Number of Netflix subscribers has decreased

The number of people who signed up for a paid subscription to streaming service Netflix in Q4 of 2021 was lower than the forecasts of the company itself.

Period of suspension of inspection of entrepreneurs extended

Azerbaijan has extended the period of suspension of inspection in the field of entrepreneurship.

Another 5 SMEs received startup certificates

The Agency for the Development of Small & Medium-sized Businesses (KOBIA) has issued startup certificates to five more SMEs.

Silk Way Holding LLC re-increases equity capital

The authorized capital of Silk Way Holding LLC has been increased.

World’s richest people doubled their wealth during the pandemic

Oxfam has published the names and fortunes of the richest people in the world

Netflix increases its subscription fee

Netflix has increased the subscription fee for the service

Google buys office building for $1 bn

Google has acquired the Central Saint Giles building in central London for $1 bn.

Azerbaijani entrepreneurs conducted trade operations with partners from 186 countries

Over Jan-Nov 2021 the legal entities and individuals of Azerbaijan carried out trade operations with partners in 186 countries of the world

Memorandum signed in Ukraine between KOBIA and Ukraine Invest

Azbadam has increased its authorized capital

The authorized capital of Azbadam LLC, which is laying almond orchards in Baku and Bilgah settlement, has been increased.

Ford Motor’s market value tops $100 bn

The market value of the Ford automobile company has been announced

In Azerbaijan, one person has created 2 holdings with equity capital of 10 manats

Two holding companies have been established in Azerbaijan - Endemik Baku Holding LLC and Emulsi Holdinq Azeri LLC.

Bestcomp Group changes its form and to act as a CJSC

Bestcomp Group LLC has changed its organizational and legal form.

Çıraq-M merges with PMD Group

Techinvestments reduces its equity capital

3 audit companies under creation in Azerbaijan

The State Tax Service under the Ministry of Economy has registered three audit companies - Lokal Biznes Audit LLC, FN Consulting & Audit LLC, and Finstab Audit LLC.