Business
02 February 2007 [00:45]
Azerbaijan is developing a five-year program on reconstruction of electricity networks in regions.
02 February 2007 [00:42]
Representatives from Lafarge, the largest cement manufacturer, are doing market research in Azerbaijan.
02 February 2007 [00:41]
Azerbaijan Micro Finance Bank trebled its loan portfolio to US $47.6mln at early January, 2007.
02 February 2007 [00:40]
Azerbaijan's leading mobile operator, Azercell JV, has concluded a GPRS/MMS roaming agreement with SFR operator of France.
02 February 2007 [00:39]
Taxes Ministry has deregistered 62 taxpayers for VAT during January.
02 February 2007 [00:27]
Communications services provided for the legal entities and individuals in Azerbaijan amounted to AZN $571.8mln during 2006, up 24% from the previous year. Privately owned communications entities provided 72.4% of the services (+24.1%).
02 February 2007 [00:26]
A delegation led by Ezzatollah Zarghami, President of Islamic Republic of Iran Broadcasting (IRIB), has visited Azerbaijan.
02 February 2007 [00:23]
The prices of Garadagh Cement products are not expected to be reviewed this year, Garadagh Cement Marketing and Sales Director Horia Adrian said.
01 February 2007 [23:44]
Head of Korean Purchasing Service Yong Min Kim had some meetings in the Ministry of Communication and Information Technologies.
01 February 2007 [16:52]
The European Bank for Reconstruction and Development is investing $10 million for a 10% equity stake in Garadagh Cement, the largest cement producer in Azerbaijan.
01 February 2007 [15:37]
Italy and Greece have concluded a cooperation agreement on construction of a natural gas pipeline linking Greece with Italy is due begin in June 2008, with completion slated for 2011, giving the European Union access to Caspian Sea and Middle East natural gas.
01 February 2007 [15:01]
Transport Ministry has invited the experts of Moscow Auto-Road Institute to investigate the problems appeared on the bridge near Mashadi Azizbayov metro station, Transport Ministry told.
01 February 2007 [13:52]
United Arab Emirates' Aabar Petroleum Investments Company (Aabar) announced the appointment of oil industry veteran David Woodward as Chief Executive Officer of the company.
01 February 2007 [13:25]
170 countries are taking part in the 27th edition of FITUR, The Madrid International Tourism Fair which was opened by King Juan Carlos on Wednesday.
01 February 2007 [01:09]
Cargo transportation in Azeri part of Transport Corridor Europe-Caucasus-Asia (TRACECA) reached 43.7mln tonnes in the period of January-November last year, up 5.3% from the same period previous year.
01 February 2007 [01:08]
The Board of Trustees of Azerbaijan Export and Promotion Foundation (AzPromo) will meet on February 6.
01 February 2007 [01:08]
Azerbaijan State Shipping Company (XDG) has submitted a passage schedule of its 28 dry-cargo ships for 2007 to Russia's Federal Agency for Sea and River Transport.
01 February 2007 [01:02]
As of January 1, the amount of loans invested in the economy of Azerbaijan reached AZN 2 362.7mln, up 64% or AZN 921.7mln from the previous year.
01 February 2007 [01:01]
Azerbaijan's Communications and Information Technologies Ministry has acquired third-generation (3G) technology frequencies.
01 February 2007 [01:00]
The total of Azeri banks' deposit and savings portfolios amounted to AZN 2 129.2mln at January 1, 2007.
01 February 2007 [00:52]
The weather changed on the night of January 30-31 in the northern regions of Azerbaijan.
01 February 2007 [00:43]
Recent energy price rise has increased the cost price of water in Azerbaijan, Azersu President, Nizamaddin Rzayev, said.
01 February 2007 [00:42]
The weighted average exchange price made up 0.8703 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on Wednesday.
01 February 2007 [00:40]
Azersu Company concluded an agreement with an alliance of companies –Turan Hazinedaroglu Inshaat ve Ticaret/Tekser Inshaat Sanayi ve Ticaret/Gence Korpu Tikinti 2 on construction of Oghuz-Gabala-Baku water pipeline project.
01 February 2007 [00:26]
Brioni Roman Style SpA, the suit maker that stitched gun holsters into tuxedos for the latest James Bond film, will focus on the richest Asian clients and offer more casual wear after ousting its top executive in 2006.
01 February 2007 [00:21]
Chairman of the Mogilev town hall Viktor Shorikov and Ambassador Extraordinary and Plenipotentiary of Azerbaijan to Belarus Ali Nagiyev have discussed today the prospects of the trade-economic cooperation between Mogilev and Azerbaijan.
01 February 2007 [00:05]
Azerbaijan, Georgia and Turkey will sign a final agreement on Baku-Tbilisi-Akhalkalak-Kars strategic railroad link Feb 7.
31 January 2007 [23:53]
The prices for the newspapers published in Azerbaijan Printing House will rise from tomorrow, the director of the Printing House Agabey Askerov told.
31 January 2007 [17:28]
Azerfon LLC, the third GSM operator in Azerbaijan, will start up within a month.
31 January 2007 [16:43]
"The electronic war between Azerbaijan and Armenia appears undesirable. Azerbaijan enjoys much more technical and financial potential (levers), so this hostility is likely to harm Armenia more," Azerbaijan's Information and Technologies Minister, Ali Abbasov, stated.
31 January 2007 [13:24]
Azerbaijan State Railway Company (ADDY) is negotiating with South Korean companies on use of fast trains in Azerbaijan.
31 January 2007 [11:28]
31 January 2007 [11:24]
The mood at the Cheryomushkinsky market in southwest Moscow, normally a buzzing Oriental bazaar with a hubbub of diverse accents from the Caucasus and Central Asia, is subdued: One-third of the stalls stand empty.
31 January 2007 [11:17]
On January 30, President of Azerbaijan Ilham Aliyev met at his temporary residence in Paris with Yves-Thibault de Silguy, chairman of the Board of VINCI, French construction company.
31 January 2007 [11:14]
ITECA Caspian LTD, the exclusive partner of ITE Group - the leading organizer of international trade exhibitions and conferences in the South Caucasus rescheduled some of international exhibitions because of the Taekwondo and Aikido World Championships to be held at Heydar Aliyev Sport and Exhibition Complex, in autumn 2007.
31 January 2007 [11:13]
80 tankers carrying 7.671mln tons of Azeri Light crude oil have to date sailed from Ceyhan Port to the world market.
31 January 2007 [11:11]
Azerbaijan's Azerdemiryolbank has, to January 1, increased its assets to AZN 90.3mln, up 78.8% from the previous year.
31 January 2007 [11:10]
Azerbaijan's Transport Minister, Ziya Mammadov, will pay a visit to Georgia on Feb. 5.
31 January 2007 [11:09]
Kres GmbH, selling and servicing Audi and Volkswagen vehicles in Azerbaijan, intends to open Porsche sales and service center this year.
31 January 2007 [11:08]
Azerbaijan's EraTrans Insurance plans to increase its authorized capital to AZN 900,000 (approx. USD 1.033mln) this year.
31 January 2007 [11:07]
Azerbaijan's BE&G Insurance Company intends to increase its authorized capital 40.8% to some AZN 1mln (US $1.148mln).
31 January 2007 [10:59]
Head of Russia's Trade Office in Azerbaijan, Yuri Shedrin, met with Azerbaijan's Industry and Energy Minister, Natig Aliyev.
31 January 2007 [10:58]
The World Bank Mission for Trade and Transport Facilitation Project, led by Gerald Oliver has arrived in Baku.
31 January 2007 [10:57]
On Tuesday, a delegation led by Azerenergy President, Etibar Pirverdiyev, has left Baku to China.
31 January 2007 [10:56]
Azerbaijan’s Azerneqliyyatbank, to January 1, increased its assets to AZN 16.2mln, up 46% from the previous year.
31 January 2007 [10:55]
State Oil Company of Azerbaijan (SOCAR) sold 852,674 tons of diesel fuel to Total Company of France in 2006.
31 January 2007 [10:55]
During 2006 State Oil Company of Azerbaijan (SOCAR) sold 852,700 metric tons of fuel oil to Petrofarm Company of Singapore. In December no sale is made.
31 January 2007 [10:44]
All insurance companies in Azerbaijan have, to January 1, increased their authorized capital to AZN 700,000, the minimum limit determined by the legislation.
31 January 2007 [10:43]
The weighted average exchange price made up 0.8705 AZN/USD at trading sessions on the Baku Interbank Currency Exchange on Tuesday.
31 January 2007 [10:40]
Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-December, 2006 reached 985.9 million manats (AZN) while budget expenditures constituted AZN 981.3mln, the SOFAZ Executive Director, Shahmar Movsumov, told a press conference.
31 January 2007 [10:40]
Azeri-US intergovernmental economic commission in a new content for the first time will take place on February 7 in Baku.
31 January 2007 [10:27]
"ATR and Baku-based National Air Company Azerbaijan Airlines (AZAL), flag carrier of Azerbaijan, have announced the signature of a deal for 6 new ATR aircraft (2 ATR-42/500s and 4 ATR-72/500s).
30 January 2007 [17:24]
Some 360,000 tonnes of oil will be pumped through the Baku-Novorossiysk pipeline in February 2007 in accordance with Azerbaijan's order as of January 15, 2007.
30 January 2007 [17:12]
Ecology and Natural Resources Ministry made a statement on ecological problems created by Ganja "Gil-torpag" (Clay-soil) industry unit.
30 January 2007 [17:01]
The Head of Kars municipality Naif Alibeyoglu received a group of Azerbaijani media chiefs who are on visit to Igdir and Kars.
30 January 2007 [16:59]
Turkey said on Tuesday work would start in June on a "strategic" railway line it hopes will eventually link Europe to China via the south Caucasus and Central Asia.
30 January 2007 [14:24]
Georgia's pharmaceutical company PSP Group plans to boost its exports.
30 January 2007 [01:01]
UniLeasing intends to open a new regional branch in Guba in early February.
30 January 2007 [00:59]
Economic Court #1 presided over Judge Ilgar Dadasov postponed the trial on the appeal of ANS Group of Companies on ministry's decision.
30 January 2007 [00:48]
Georgia is importing diesel fuel from Azerbaijan without interruptions.
30 January 2007 [00:47]
International Bank of Azerbaijan-Moscow, a subsidiary of the International Bank of Azerbaijan, has launched transactions on corporate bonds by Russia issuers.
30 January 2007 [00:40]
Azerbaijan Publishing House will increase rentals by 50% starting from February.
30 January 2007 [00:32]
State Agency for Standardization, Metrology and Patents kept effective bans imposed on some wineries.
30 January 2007 [00:31]
Asian Development Bank mission for transport will visit Azerbaijan in February.
30 January 2007 [00:29]
Bank Respublika has opened an office at 24, Huseynbala Aliyev Street, Baku.
30 January 2007 [00:28]
Azerbaijan National Federation of Entrepreneurs (Employers) will Wednesday hold a seminar examining Amendments to the Taxes Code.
30 January 2007 [00:28]
Under the decision made by the State Oil Company of Azerbaijan sand Oil and Gas Industry Labor Union, there will be a 25% rise in salary effective on Feb 1.
30 January 2007 [00:27]
SOCAR Marketing and Economic Operations Department has announced a tender for oil export.
30 January 2007 [00:26]
Azerbaijan's ALFA Insurance intends to launch aviation insurance services this year.
29 January 2007 [22:17]
Bakielectricshebeke (Baku Electricity Network) will cut off electricity supply to the debtors from Monday.
29 January 2007 [18:00]
Armenia has been always guided by economic effectiveness of projects and it categorically opposes political projects that look like economic ones only on the first sight, which is in particular true about the Kars-Akhalkalaki-Tbilisi-Baku railway, Armenian president's spokesman Viktor Sogomonyan announced at a news conference on January 29.
29 January 2007 [15:28]
Baku intends to host a summit on the 10th anniversary of the TRACECA (Transport Corridor Europe Caucasus Asia) Inter-Governmental Commission.
29 January 2007 [13:18]
Azerbaijan's foreign debt stood at 1.97 billion manat ($2.293 billion) as of January 1, 2007, the Finance Ministry said Monday.
29 January 2007 [12:46]
Ukrainian Prime Minister Viktor Yanukovych said he was working to build a pipeline to transport oil from the Caspian Sea area directly to the European Union, the Wall Street Journal reported Friday, citing an interview.
28 January 2007 [15:42]
Georgian President Mikhail Saakashvili said Georgia hopes to receive gas mainly from Azerbaijan.
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