Business
16 March 2006 [10:15]
The Caspian Shipping Company (CSC) will purchase two more tankers soon in order to expand its fleet.
16 March 2006 [10:10]
The Ganja Car Factory (GCF) is holding negotiations with a number of leading companies of the world in order to further develop the enterprise and increase production.
16 March 2006 [10:05]
The Turtle Wax Company being the distributor of autocosmetics intends to start sale of nanoproducts in Azerbaijan within the following months.
16 March 2006 [09:35]
Antimonopoly Policy Department of the Ministry of Economic Development is currently inspecting the cellular phone, perfumes and cosmetics markets of the country.
16 March 2006 [09:30]
Production of "OKA" midhet cars in Azerbaijan can be resumed this year again.
16 March 2006 [09:20]
New international coach station complex constructed on the Baku-Sumgait highway will be completely ready by the end of this year.
16 March 2006 [09:10]
The Barmek-Azerbaijan Electricity Network Limietd Liability Company (LLC) will defend its employees arrested by law-enforcement bodies.
16 March 2006 [01:42]
Turkish Embassy in Azerbaijan also follows the recent processes on Barmek Azerbaijani Electricity Distribution LLC.
16 March 2006 [01:21]
The negotiations on allocation of the second loan to the Azerbaijani State Railway Department (ASRD) by the European Bank of Reconstruction and Development for reconstruction of the locomotive park continue.
15 March 2006 [17:57]
The construction of overpasses aiming to alleviate traffic jams in the Azeri capital Baku was kicked off on Wednesday.
15 March 2006 [16:23]
Attorney General's Office does not rule out the possibility of Barmek's president arrest
15 March 2006 [16:00]
As for January 1, 2006, foreign currency reserves of Azerbaijan increased by 29.8% to $394 million.
15 March 2006 [15:34]
"Turkey is interested in the railway construction with Georgia and Azerbaijan," said Ahmad Nejdet Sezer, the Turkish President, who is on official visit to Tbilisi.
15 March 2006 [12:33]
BP, the leading foreign investor in Azerbaijan's oil and gas sector, has approached the government to sign a new contract on developing hydrocarbon reserves of the country's major Azeri, Chirag and Deepwater Gunashli fields in the Caspian Sea.
15 March 2006 [12:24]
"Inflation in Azerbaijan will not exceed single digits in 2006," the country's chief banker has said.
15 March 2006 [12:11]
"Kazakhstan injected many supplements to an agreement on transportation of Kazakh oil via the Baku-Tbilisi-Ceyhan," said Natik Aliyev, the Azerbaijani Minister for Industry and Energy.
15 March 2006 [09:58]
Initial results of negotiations aimed at importation of about 200 multiseat buses to Azerbaijan will be known soon.
15 March 2006 [09:30]
Construction of about 450 cars in more than 10 modifications was implemented in the Ganja Car Factory (GCF) from the end of 2004 to the beginning of March.
15 March 2006 [09:05]
A conference named "Transport Security in the OSCE region" will be held in Baku March 16-17.
14 March 2006 [22:27]
Over the 4 years of its work Barmek, the Energy Distribution Company, did not fulfill even the little part of its liabilities under the investment contract.
14 March 2006 [16:21]
More than 20 Azeri companies will take part in AutoShow -2006, the 3rd Azeri International Auto Exhibition, exhibition manager from Iteca Caspian Company informs.
14 March 2006 [14:20]
Training seminar for 20 Azeri and Georgian Sea ports employees will be organized at the Baku Regional Educational Center of World Customs Organization March 15-17.
14 March 2006 [14:01]
An order for pipeline building has been made by Kaspmorneftegasstroi, a special production facility of the State Oil Company of Azerbaijan (SOCAR), to the Deepwater Jackets Factory (DJF) named after Heydar Aliyev.
14 March 2006 [13:34]
Vice-President of Barmek Amer Gunel, Technical Director Vafa Agaev and company manager Mahir Muhtarov were arrested.
14 March 2006 [09:54]
A new office of Azercell Telecom Joint Venture (JV) will be opened in Ataturk Avenue 2 in Baku March 14 and new "ZenglerimCELL" service will be provided to subscribers there.
14 March 2006 [09:48]
During custom survey of the passenger bus from Russian town of Pyatigorsk to Baku in Samur border check-point, Azerbaijani customs officers found smuggled food products and 50 medicines.
14 March 2006 [08:48]
Structural changes will be implemented in local branches of the State Social Protection Fund (SSPF) from April 1.
14 March 2006 [08:38]
Staff reforms have been started in the Azerkimya State Company (SC).
14 March 2006 [08:31]
AZAL State Company is going to introduce new flights related to summer season.
13 March 2006 [18:52]
From 6 through 10 March AZERI LT average price, sold by Azerbaijan in Novorossiysk port, was $62.01 per barrel or $1.19 barrel down as compared to the previous week.
13 March 2006 [18:04]
The Azerbaijan International Operating Company (AIOC) delivered the jacket for the East Azeri (EA) production, drilling and quarters (PDQ) platform on March 11.
13 March 2006 [17:50]
"Installation of sensors is considered to be number one task by Azenergy in maintaining electric networks previously controlled by Bayva distributing company," said Azenergy vice-president Marlen Askerov.
13 March 2006 [16:58]
Asia Development Bank will pay $93 million capital for the construction of the road, from Yevlax-Ganja and Qazakh regions to the Georgian boundary.
13 March 2006 [15:37]
Cooperation agreement was signed between the Accounts Chamber of Azerbaijan and the State Audit Bureau of Kuwait. Agreement was signed by the head of the Accounts Chamber, Namik Nasrullayev, and the President of the Audit Bureau, Barak Khaled al-Marzuk.
13 March 2006 [13:03]
Azerbaijanis, living in Russia, can send money to their families by post.
13 March 2006 [09:59]
Last year volume of trade turnover between Japan and Azerbaijan was $70.6 million.
11 March 2006 [12:58]
In accordance with the information entered the Azerbaijani Industry and Energy Ministry, some gas stations sale liquefied gas at the price exceeding the one, set (15-17gepik/per liter) by the Cabinet Of Ministers on 1 November 2004.
11 March 2006 [10:58]
Module power plants constructed in Sheki and Khachmaz will be activated in August and September, respectively.
11 March 2006 [10:23]
Forbes journal reported the annual ranking of the very richest people of the past year.
11 March 2006 [10:10]
Electric transmission lines AzHES-Imishli construction project will finally be agreed between the German bank for reconstruction KFW and the government of Azerbaijan in April. KFW has allocated ?30 million for the development of the project.
11 March 2006 [10:05]
Financing possibility for farmers via the German-Azerbaijani Fund (GAF) will be studied by the consultant of German bank for reconstruction KFW – German company Business Financial Consulting till March 18.
11 March 2006 [09:55]
The Asian Development Bank (ADB) and the Azerbaijani government will sign an agreement on the project for development of business estates in Baku on March 13.
11 March 2006 [09:40]
Georgia hesitates to repay a debt for electricity received from Azerbaijan in 1998 and volume of the neighboring country's debt is 32 million KWh.
11 March 2006 [09:25]
Approximately 600 citizens have applied to authorized credit organizations participating in mortgage crediting within the week.
11 March 2006 [09:20]
SOCAR president Rovnag Abdullayev met with the management and personnel of the Geology and Geophysics Office.
11 March 2006 [09:15]
Economy minister of Poland Republic Petr Vojnyak will pay a visit to Azerbaijan on 6-7 April.
11 March 2006 [09:05]
A seminar for mass media representatives was held in the National Bank of Azerbaijan (NBA) on introduction of the mortgage system.
10 March 2006 [17:59]
Azerenergy plans to produce a record amount of electric energy – 24,4bln KW/h in 2006, Marlen Asgarov, the Vice-President of Azerenergy, stated at press conference March 10.
10 March 2006 [11:59]
The Barmek-Azerbaijan Electricity Network LLC did not fulfill its liabilities assumed during privatization of the Bakelektroavtomat Open Joint-Stock Company (OJSC).
10 March 2006 [10:26]
Reconstruction of 111-134th kilometers of the Baku-Guba highway has been officially started yesterday.
10 March 2006 [09:52]
"Hot line" established in the Mortgage Fund of Azerbaijan (MFA) has received about 150 appeals so far.
10 March 2006 [09:49]
The State Social Protection Fund (SSPF) has started distributing social insurance certificates to social insurance payers in Azerbaijan.
10 March 2006 [09:44]
The tax revenue forecast was executed 102.1% in January-February this year and AZN 228.7 million was transferred against AZN 224 million to the state budget.
10 March 2006 [09:34]
A cause pleaded against the Barmek-Azerbaijan Electricity Network Limited Liability Company (LLC) damaged the image of the Company and imposed a phychological influence on its employees and subscribers.
10 March 2006 [09:30]
The Azerenergy Open Joint-Stock Company (OJSC) requested the government of the country to pay electricity debt to Turkey.
10 March 2006 [09:18]
This February more than 118.08 million kWh of electricity was received by the power network of the Autonomous Republic (AR) of Nakhchivan.
10 March 2006 [00:38]
10 March 2006 [00:24]
International Society of Turkish industrialists and businessmen, TUSIAB, have conducted its 12th general assembly.
09 March 2006 [13:29]
The Shahdeniz project has progressed deliver the first gas to the market on September 30, the State Oil Company said.
08 March 2006 [16:17]
The largest energy unit - combined-cycle plant is being built in Sumgait, an industrial city near Baku, Azerbaijan, the Azerenergy open Stock Company told.
08 March 2006 [16:14]
Filling of the Baku-Ceyhan-Tbilisi oil pipeline is going on, the State Oil Company of Azerbaijan said.
08 March 2006 [16:12]
Last year, the country has produced 22,2 mln tons of oil and 5,82 billion cubic meters of gas and 22,3 billion kwh electric power.
08 March 2006 [11:15]
The South Caucasus project manager of the PUM Program of Netherlands (Program for Sending Managers Abroad) Pieter van Gelder is on a visit in Baku from March 7 to 11.
08 March 2006 [11:10]
The TekhnikaLeasing Limited Liability Company (LLC) has started negotiations with the Black Sea Trade and Development Bank (BSTDB) on attraction of credit from BSTDB for leasing development.
08 March 2006 [11:05]
Volume of deposits of physical and juridical persons in banks operating in Azerbaijan increased by 1.7% in January, 2006 and totaled AZN 1.316bn by February 1.
08 March 2006 [10:55]
In February this year Azerbaijan imported 418.6 million cubic metres of natural gas from Russia.
08 March 2006 [10:50]
Physical persons must submit their tax returns to tax authorities by March 31. Otherwise, they will be fined AZM 220 thousand.
08 March 2006 [10:45]
About 2.238bn kWh of electricity was produced in the Azerenergy system in February this year and it exceeds the same figure of the last year's relevant period by 6.7%.
08 March 2006 [10:40]
The governments of Turkey and Azerbaijan implement work on increasing trade turnover between the two countries.
08 March 2006 [10:25]
The Azerbaijan Bank Training Centre (ABTC) will start conducting long-term courses from the 4th quarter of 2006.
08 March 2006 [10:15]
"Turkey and Azerbaijan are capable of protecting Baku-Tbilisi-Ceyhan (BTC) oil pipeline themselves,” said Turkish Ambassador to Azerbaijan Turan Morali.
08 March 2006 [09:55]
The Azerbaijan-Switzerland investment seminar is due in Zurich on March 16.
08 March 2006 [09:45]
AtaGida, a newly-established AtaHolding company, will start its activity with establishing a macaroni factory in Khachmaz region this year.
07 March 2006 [21:11]
The US State Department today issued the "Azerbaijan 2006 Investment Climate Statement".
07 March 2006 [20:30]
Several representatives of Barmek Energy Distribution Company held a news conference to report on illegal acts by the heads of the company.
Turkish ambassador to Azerbaijan makes farewell visit to Western Azerbaijan Community
Baku, Rome discuss expanding economic cooperation
Panic in Armenia: Does Paris want to put up with Baku?
Teachers of art education institutions informed about Creative Center
French cowardly "justice"
Azerbaijan prevents smuggling of narcotics from Iran
United States invests $500 billion in AI