Essity withdraws from Russian market

Swedish manufacturer of personal care products Essity ceases its activities in Russia.

Startup certificates to be issued to three more SMEs in Azerbaijan

Procter&Gamble warns about upcoming closure of business in Russia

American company Procter&Gamble (P&G) stated that it may not be able to continue its activities in Russia because of sanctions, financial restrictions and supply problems.

Azerbaijani entrepreneurs left for to Jordan

Azerbaijani entrepreneurs are paying a working visit to Jordan.

Elon Musk intends to buy Twitter for $41 bn

American billionaire Elon Musk has announced another intention.

Turkish company invests AZN 10 million in Azerbaijan - 750 jobs to be created

Abramovich's assets for $7 bn frozen

Several Russian oligarchs have already begun to lose their fortunes due to sanctions.

Atlant Recreation Center owes to state

The director of the Atlant Entertainment & Recreation Center, Tahir Gadoshov, has been banned from leaving the country.

Names and fortune of richest women billionaires named

Forbes magazine has ranked the richest women in the world.

Rating of billionaires published – Musk holds 1st place

Elon Musk becomes the largest shareholder of Twitter

American entrepreneur Elon Musk has revealed information about the ownership of 9.2% of the shares of social network Twitter.

Entrepreneur Vagit Alekperov has lost more than $17 bn

The total wealth of the richest Russian entrepreneurs has fallen by $50.1 bn since the beginning of the year.

Chinese companies consider business opportunities in Russian market

Pirelli ceases operations in Russia

Italian tire manufacturer Pirelli announced the suspension of investments and the restriction of the work of enterprises in Russia against the background of events in Ukraine.

Russian billionaire expressed concern: "I don't know how to live on"

Billionaire Friedman spoke about the difficulties he had to face.

Azerbaijani businessman creates a company in Turkey with equity capital of over AZN 5 million

4 new holdings created in Azerbaijan

The State Tax Service has published a list of new enterprises registered in the country.

Two Chinese companies to reduce about 10,000 employees

Entrepreneurship Fund paid AZN 21 million of interest subsidies to entrepreneurs

From the beginning of 2022 to March 10, the Entrepreneurship Development Fund under the Ministry of Economy paid interest subsidies to entrepreneurs in the total amount of AZN 21 million within the mechanism of subsidizing loans given under governmental guarantees

Bayer ceases operations in Russia and Belarus

Pfizer decides to halt investments in Russia

American pharmaceutical company Pfizer will suspend its planned investments in Russia, but at the same time will continue to supply medicines to the country