UK’s company representative office in Azerbaijan liquidated

The liquidation of the representative office of the British energy services company Petrofac International LTD in Azerbaijan has been announced.

AzerMaya's property to be divided

On 23 August, an extraordinary general meeting of shareholders of Azer-Maya OJSC, which is in the process of liquidation, will be held.

Kaspi Yıldız owes a large sum to state

The local press informs that Kaspi Yıldız owned by Milli Majlis MP Igbal Mammadov owed about AZN 10 million in taxes.

One more auditor registered 

A company with equity capital of AZN 60,000 established

A foreign company left the Azerbaijani market

Another foreign company has left the Azerbaijani market.

A company with equity capital of about AZN 1 million registered

KFC and Pizza Hut restaurants leave the Russian market

The owner of the KFC and Pizza Hut restaurant chain intends to sell the business in Russia to Yum! Brands.

A 400,000 manat subsidized loan given to this complex

Australia imposes sanctions against a businessman of Azerbaijani origin

An entrepreneur of Azerbaijani origin, God Nisanov, is included in the sanctions list of one more country.

Gilan Deri LLC head dismissed

Azerbaijani companies are the largest taxpayers of Georgia

The Azerbaijani-Georgian Business Forum has been held in Baku.

US consulting company opens an office in Baku

Boston Consulting Group has announced the opening of a new office in Baku (Azerbaijan).

Baku to host Azerbaijan-Georgia Business Forum

An Azerbaijani-Georgian Business Forum will be held in Baku today.

Finnish tire manufacturer leaves Russian market

Turbo.az owner's fortune declined by $1 bn

The fortune of billionaire Mikhail Lomtadze, the owner of the 4 most visited Internet sites in Azerbaijan - turbo.az, tap.az, boss.az and bina.az, has decreased by $1 bn last year

Whirlpool to sell its business in Russia to a Turkish company

Turkish company Arcelik has signed an agreement with Whirlpool EMEA S.p.A on the purchase of its assets in Russia – Indesit International and Whirlpool Rus.

Amounts of subsidized loans given to entrepreneurs over past 5 months published

Azerbaijan plans creation of a new fund

Is Toshiba for sale?

Several buyers are interested in buying Japanese corporation Toshiba.

MP: There are persons in Azerbaijan who informally interfere in work of entrepreneurs