Israeli company’s subsidiary established in Azerbaijan

17:49 - 17.04.2023


April 17, Fineko/abc.az. A subsidiary of Amdocs, registered in Israel, has been established in Azerbaijan.

ABC.AZ reports that Amdocs Azerbaijan LLC was registered by the State Tax Service (under the Ministry of Economy) on 23 March 2023 with authorized capital of $500,000 at address: 22, Nizami Street, Sabayil district, Baku. Company’s director: Nariman Ramazanov.

Amdocs is a multinational company based in Israel, but also operating in the USA. The company specializes in software and services for providers of communication, media and financial services, as well as digital enterprises. In 2022, company's income was $4.58 bn, and net profit - $549 million.