NBCO in Azerbaijan rebranded

Non-bank credit organization PSG Finance LLC, most of the authorized capital of which belongs to company Practical Solutions Middle East FZ (PSG), registered in Dubai, will enter the market under a new name.

A pawnshop with equity capital of 10,000 manats created

A pawnshop company with authorized capital of 10,000 manats has been established in Azerbaijan.

Bakı Kondisioneri has owed more than 1 million manats to the state

It became known about the tax debt of Bakı Kondisioneri OJSC to the state.

Pepsico Azerbaijan has large debts to the state

It became known that Pepsico Azerbaijan LLC has a tax debt to the state.

Business uses a new tool for international settlements

Mediators began to offer factoring to businesses as a tool for international settlements, which are becoming increasingly complicated due to sanctions.

Bakı Shifer ve Keramika OJSC under liquidation

On 25 October 2024, an extraordinary general meeting of shareholders of Bakı Shifer ve Keramika OJSC will be held.

Application of sustainability standards in Azerbaijani business to be mandatory

Amazon to refuse from remote mode of operation

Amazon will completely abandon the remote mode of operation from January 2, 2025.

A Danish company receives a €20 million EU loan for production of meat surrogates

Danish startup MasterFoods, specializing in meat surrogates, received $20 million in debt financing from the European Investment Bank (EIB).

Turkish company leaves Azerbaijan

More than 3,300 Pakistani companies actively operate in Azerbaijan

As of August 8, 3,706 Pakistani companies were registered in Azerbaijan.

About 70 large Saudi Arabian companies to visit Azerbaijan

Yusif Abdullayev, executive director of the Azerbaijan Export & Investment Promotion Agency (AZPROMO), has met with Issam Bin Saleh Al-Juteili, Ambassador Extraordinary &Plenipotentiary of the Kingdom of Saudi Arabia to Azerbaijan.

Two companies of the same person liquidated in Azerbaijan

Two companies owned by the same person are ceasing their activities in Azerbaijan.

Consulting company FARI Solutions intends to enter the Azerbaijani market

FARI Solutions is going to enter the Azerbaijani market

Number of active taxpayers in Azerbaijan has increased by 3%

Bezos' condition is made public

Jeff Bezos' net worth is $192.4 billion, ABC.AZ reports with reference to Forbes article.

A Dutch company leaves Azerbaijan

Subsidized loans for 138 million manats given in Azerbaijan for 8 months

Role of SMEs in socio-economic growth of country increases

The role of small and medium-sized businesses (SMEs) in country’s socio-economic growth of the country is increasing in Azerbaijan.

Is Machine-Tool Plant closed?

In the form of the separation of reorganization from the structure of Machine-Tool Plant, a new legal entity is being created under the name Seyhanlar Group 2024 LLC.

Another rule regarding taxpayers approved

The Procedure for determining taxpayer's ability to repay tax debts has been approved.