Fortune of Russian billionaires has decreased by $32 bn this year

The total wealth of the 23 richest Russian entrepreneurs decreased by $32 bn due to the aggravation of the situation in Ukraine

KOBIA interests in expanding ties with regions of Russian Federation

Entrepreneurs received over AZN 21 bn of income in 2021

The private business entities in Azerbaijan will receive AZN 21.6 bn of income from the sale of goods, performance of works and provision of services.

Airbus net profit increased

How do LLCs in Azerbaijan evade tax on dividends?

In Azerbaijan, limited liability companies (LLCs) change their organizational and legal form and turn into closed joint-stock companies (CJSCs)

A company with equity capital of over AZN 25 million merges with another company

Vornado LLC (TIN: 1702747831) has announced the termination of its activity and merger with Baku Hospitality Group LLC (TIN: 1702206281).

Last year's report shows Coca-Cola’s income growth

Coca-Cola has released the financial indicators for 2021.

Market value of Meta decreased

The market value of Meta has fallen to $600 bn.

Azerbaijan Nashriyati registered with authorized capital of over AZN 4 million

The State Tax Service under the Ministry of Economy has registered Azerbaijan Nasriyati LLC, subordinate to the Presidential Affairs Department.

Another leasing company established in Azerbaijan

A new leasing company has been set up in Azerbaijan.

Leasing company increases its equity capital up to AZN 615,000

Hermes Finance completed the process of increasing the authorized capital from AZN 520,200 up to AZN 615,000, increasing it by AZN 94,800 or by 18.2%.

Head of Samsung in Azerbaijan replaced

The head of Samsung Electronics Caucasus Company, a subsidiary of Korean brand Samsung in Azerbaijan, engaged in operational and marketing activities, has been replaced.

Actual business spheres in Azerbaijan

Bridge Tunnel Construction owes more than AZN 350,000 to state

KOBIA-run company’s authorized capital grew by AZN 1.6 million

Zuckerberg's fortune slumps almost by $30 bn in one day

Facebook founder Mark Zuckerberg's fortune declined by $29.7 bn in one day amid a drop in Meta Platforms (formerly Facebook) shares on Thursday due to poor reporting.

Amazon's income and net profit increased

Amazon has released thre financial figures for the past year.

Serbian companies to be involved in construction work in Karabakh

Serbia will engage its construction companies in projects of restoration and reconstruction of liberated territories of Azerbaijan in 2022.

Number of Turkish companies operating in Karabakh named

Nine Turkish companies are working on the reconstruction in Karabakh.

Spark acquires one more company owned by Gilan Holding

Another subsidiary of Gilan Holding LLC has been acquired.

Udmurt entrepreneurs to arrive in Azerbaijan

A business mission from Udmurtia to Azerbaijan is scheduled for 21-23 February.