An American company leaves Azerbaijan – Appeal to creditors

An American company that has been operating in Azerbaijan for a long time is closing its branch

Our businesses boycot Johnson & Johnson products

Johnson & Johnson, whose head office is located in the U.S., shared its propaganda of the unrecognized Nagorno-Karabakh Republic on its official Twitter page

Armenians caused damage to Azerbaijan`s entrepreneurs in 9 cities and districts

Global giant`s profit declined

For Jan–Sept 2020 the net profit of Coca-Cola, the world`s largest producer of soft drinks, decreased by 9% in annual terms and amounted to $6.29 bn

Government urges entrepreneurs to follow recommendations

Given the rapid increase in cases of coronavirus infection in Azerbaijan, the Task Force under the Cabinet Ministers made a range of recommendations to enterprises working in the private sector

To attention of creditors: Closure of two companies announced

Silkkot Aqro LLC and Kotaz Aqro LLC announced cancelation of their state registration at the same legal address

About 3,000 applications for business loans registered – AZN 90 million to be given

About 3,000 applications for a new business loan were registered until 13 October within the framework of the credit guarantee mechanism through the Economy Ministry`s electronic credit platform

Damage caused to Azerbaijani businesses made public – List of main damaged districts

Armenian provocations caused damage to 160 business entities in Azerbaijan.

Azercell supports frontline in these decisive days

The Сompany transferred 1 million manats to Armed Forces Support Fund

Two SME development centers opened

SME development centers have started functioning in Baku and Sumgait

A tobacco company is under liquidation – its shareholders gather for a meeting

A company with large authorized capital created

A new company has been established in Azerbaijan

3 companies of one entrepreneur liquidated

Javanshir Abdullayev: Business plans of entrepreneurs are not fulfilled in satisfactory quality for banks

Regular analytical surveys among entrepreneurs show that the number of solvent business entities is decreasing under the current economic conditions

Entrepreneurs asked Elman Rustamov to return remaining money in closed banks

A regular meeting of the Council for Cooperation with Entrepreneurs under the Board of the Central Bank has been conducted in an online format

4 companies of one entrepreneur closed at once - Appeal to creditors

Elantra, Umid-Co, Konstansiya and Lider-2008 LLC registered at the same legal address in Azerbaijan have been liquidated.

YouTube new program to compete with TikTok under launch

YouTube is to launch its YouTube Shorts service for creating short videos

Employers to be exempt from paying some fines

The government of Azerbaijan is preparing for benefits in the field of fines applied to entrepreneurs for certain violations

Caspian Energy Club organizes ONLAYN B2G FORUM with participation of Rashad Mafusov

KOBIA reached an agreement with Russian export center

Roseximbank and the Azerbaijan Agency for the Development of Small & Medium-sized Businesses (KOBIA) have reached an agreement on the implementation of joint projects, ABC.AZ was informed at the Russian Export Center

AZN 50 million to be allocated to entrepreneurs

As part of the second program of financial support for individual entrepreneurs, the transfer of another part of the financing for employees of taxpayers working in pandemic-affected spheres has begun