Araz Agalarov unveils his Crocus Group’s losses since the beginning of pandemic

Merger of two companies declared

The merger of two companies has been announced in Azerbaijan

Known clothing company has gone bankrupt - $182 million in debt

Some large companies have already closed or declared bankruptcy because of the pandemic

Another JSC under liquidation – its shares to be withdrawn from circulation

Another open joint-stock company is being closed in Azerbaijan

Damage caused to factory Sobsan

A fire occurred at the Baku paint factory Sobsan

Georgian PM: Azerbaijani companies achieved great success

Azerbaijani companies and businessmen have achieved great success not only in Georgia, but also in most countries of the world

Tesla becomes most expensive car brand - its cost exceeds $207 bn

Electric car manufacturer Tesla Inc. has become the most expensive car brand in the world

Fortune of world`s richest person reaches a record threshold of $171.6 bn

The fortune of Jeff Bezos, the world`s richest man and the head of company Amazon, has jumped p to a new historical record of $171.6 bn

Göyəzən OJSC chairman of board body to be dismissed

An extraordinary general meeting of the shareholders of Göyəzən OJSC will be held

Turkish Airlines cuts wages by 50%

Turkish Airlines is discussing the matter of cutting the salary of pilots by up to 50%, and other staff members by up to 30%

Large staff reduction in popular restaurant chain – 5,000 people to be laid off

SSP Group operating in the UK has made a decision to lay off 5,000 people in the coming days

A company with equity capital of 20 manats was established

Another broiler company has been set up in Azerbaijan

Closing company`s assets to be divided - the day is fixed

Transavto EKS will hold an extraordinary general meeting of shareholders

Giant company reduces 15,000 employees to avoid bankruptcy

European aircraft manufacturer Airbus begins reconstruction

A new company established in Azerbaijan – its share capital declared

One more company has passed state registration in Azerbaijan - METAL ROOFAG CENTER LLC

Economy Minister: Entrepreneurs should get used to living and working under new conditions

We must get used to living and working under new conditions

Now entrepreneurs be able to apply to banks in this way – a relevant developed

The Ministry of Economy of Azerbaijan has developed an electronic credit platform for entrepreneurs (e-edf.gov.az)

Silk Way Holding renamed another company

Silk Way Business Aviation LLC, part of Silk Way Holding LLC, has been renamed

Baku Crystal Hall presents a finance report – its operating income decreased sharply

Baku Crystal Hall LLC has released its financial report for 2019.

Now entrepreneurs to be able to get a loan in this way – a new relevant platform to be created

From now on the State will pay 10 percentage points of the loan taken by the entrepreneur

Bakı Texnika Sənaye shareholders gather for a meeting

Bakı Texnika Sənaye is to conduct a regular general meeting of its shareholders