Turnover of public catering has decreased over past 2 months

Over Jan-Feb of this year the turnover of public catering amounted to AZN 78.1 million (2.9-fold less versus Jan-Feb 2020)

Economy Minister: Startups not to pay income tax

An innovation related to startups will be introduced in Azerbaijan.

Elon Musk earned $25 bn in one day

The fortune of Elon Musk, who owns shares in SpaceX and Tesla, jumped by $25 bn in a day — a record increase in one day

Moratorium on inspection of business entities extended

KOBIA signs a contract to explore these spheres

The Agency for the Development of Small & Medium-sized Businesses will conduct a study of the domestic market in the fish production and construction sectors

A trade mission from Russia to Azerbaijan is expected

An online business mission of enterprises of the Bryansk Oblast to Azerbaijan will be held from 5 to 25 March

Statement about most common problem faced by entrepreneurs

Entrepreneurs are more often faced with the problem of access to financial resources

Azerbaijani entrepreneurs to be assisted in entering the European market

Assistance will be rendered to Azerbaijani entrepreneurs to prevent their problems with export of fruits and vegetables to the Russian market

Business unions and associations to work together

Staff reduction in a large company - all employees to be fired

Czech Airlines is considering possible staff reduction

This company’s shareholders to cover 3 issues at upcoming meeting

Imishli Road Construction-6 OJSC is to hold a general meeting of shareholders

Official representative office of another company under closing

ATL Electronics, the first official trade representative office of SHARP Electronics operating in Azerbaijan since 2012, is being liquidated

Azerbaijani entrepreneurs’ representative appointed in Uzbekistan

The Confederation of Entrepreneurs of Azerbaijan (ASK) is increasing the number of its representatives in foreign countries

Shareholders to decide on transfer of Ganja Sharab-2 into LLC

Ganja Sharab-2 is to hold an extraordinary general meeting of shareholders on 29 March

Another KOB Dostu center launched in Goychay

The next office of the Agency for the Development of Small & Medium-sized Businesses (KOBIA) has started its activity in Goychay district under the name of KOB Dostu

Turkish and Azerbaijani entrepreneurs to meet for signing of agreements

The 9th meeting of the Joint Intergovernmental Commission on Turkish-Azerbaijani Economic Cooperation will be conducted on 19 February

Baku oil factory reduced its authorized capital

Baku Oil Production Factory LLC has announced a reduction of its authorized capital by AZN 2.559 million or 23.3%) from AZN 11 million to AZN 8.44 million

This company to hold an extraordinary meeting of shareholders

An extraordinary general meeting of shareholders of GULAY OJSC will be held.

Azerbaijan to produce hair dyes

AZCOSMETICS GROUP LLC is to produce hair dyes in Azerbaijan

‘E-credit platform’ stops operating

The Entrepreneurship Development Fund under the Ministry of Economy has appealed to businessmen of Azerbaijan

Term of suspension of inspection in field of entrepreneurship extended by one more year