Business
24 January 2006 [03:12]
Rate of inflation is expected to be under 10% in Azerbaijan this year.
23 January 2006 [21:27]
Newly released papers show that, in 1975, the Treasury was alarmed by the prospect that if the Scots realised how much oil lay under "their" territorial waters, there would be unstoppable pressure for independence.
23 January 2006 [16:52]
On Monday the Azerbaijani Energy and Industry Minister, Natig Aliyev received his Georgian counterpart N.Gilaurio, the President of the Georgian International Oil Corp., N.Vashakidze, and the President of the Georgian International Gas Corp., D.Ingorokvu.
23 January 2006 [16:13]
Kavkaztransgaz Ltd. continues repair work to liquidate the consequences of the explosion on the 133-km Northern Caucasus-Southern Caucasus gas-main pipeline.
23 January 2006 [16:07]
The Azerbaijani energy system has transferred to parallel work regime with Georgia. As a result, Georgia will receive 30 MW of electricity.
23 January 2006 [14:24]
From 16 through 20 January URAL (EX-NOVO) average price, sold by Azerbaijan in Novorossiysk port, was $59.15 per barrel or rose $3.85 barrel as compared to the last week (9 - 13 January).
23 January 2006 [12:52]
The number of the CDMA-subscribers (Code Division Multiple Access) of the Baku Telephone Communications Production Association (BTC PA) exceeds 500.
23 January 2006 [12:22]
The Russian company Gasprom made a decision on increase of natural gas delivery to Azerbaijan for further supply to Georgia in connection with the incident in the Mozdok-Tbilisi gas pipeline.
22 January 2006 [17:32]
Nino Burjanadze visits Kazakhstan.
22 January 2006 [17:28]
The Kazakh government, along with oil, also is interested in transportation of gas produced in its territory through Azerbaijan to Georgia, Turkey and further to Europe.
22 January 2006 [05:13]
Chief of State Statistics Committee Arif Valiyev announced macro-economic indications of economic and social development of the country for 2005 in the press conference today.
21 January 2006 [16:19]
New system to help "Azerpocht"
21 January 2006 [15:42]
In 2005 Baku-based oil refinery plants, including the Oil Refinery Plant and Azerneftyag SOCAR produced 7.3m of different oil products against 6.25m tons in 2004.
21 January 2006 [13:07]
The Energy Exchange Ltd company reports that the annual International CIS Summit on Oil and Gas: Russia, Ukraine, Caspian and Central Asia will take place this year in Paris from 31 May to 2 June 2006.
21 January 2006 [12:51]
European plane maker Airbus says it has again won the number one position for passenger aircraft orders thanks to a surge in end of year sales.
21 January 2006 [12:47]
Worries over potential disruptions to oil supplies have caused the price of crude to climb to its highest in over three months.
21 January 2006 [12:41]
In a further sign of strained relations, Kiev is demanding that Russia lift a ban imposed yesterday on Ukrainian dairy products.
21 January 2006 [05:23]
"Hot line" to operate during 24 hours will be put to operation in the State Committee on State Property Management (SCSPM) soon.
21 January 2006 [04:00]
The Tariff Council has not discussed the issue on raising fare in the Metro.
20 January 2006 [19:35]
Food giant Nestle has become the world's biggest ice cream maker after taking full ownership of US firm Dreyer's Grand Ice Cream.
20 January 2006 [04:16]
The Organization Committee of the Russian-Azerbaijani Economic Forum which is intended to be held in Baku on February 22-25 has got its first meeting today.
20 January 2006 [04:10]
Although the government does not fix the price of bread, it will take serious measures against companies intending to raise the price of bread in connection with increase of price of fuel.
20 January 2006 [04:03]
The 42nd meeting of the Council of the Heads of the Customs Services of the CIS-participating countries started on January 19 in Saint-Petersburg city of Russia.
20 January 2006 [03:57]
The General Prosecutor Office of Azerbaijan announced an open tender on procurement of goods and equipments in 2006.
20 January 2006 [03:50]
Subscribers will be able to watch TV by means of stationary telephone communication from February-March months of the current year.
20 January 2006 [03:27]
The Azerbaijan Insurance Companies Union (AICU) completed all documentation works for establishment of the Insurance Training Centre (ITC) in Baku and short-term courses for employees of insurance companies to be started in the Centre this year, in April.
20 January 2006 [03:10]
All automated telephone stations (ATS) in Baku will be completely electrified during this year.
20 January 2006 [02:56]
Service tests are currently implemented in Ceyhan terminal of the Baku-Tbilisi-Ceyhan (BTC) main oil export pipeline. After the tests the terminal will be completely ready to receive oil.
20 January 2006 [02:52]
The urban transport mission of the World Bank (WB) will visit Baku on February 2.
20 January 2006 [02:29]
"The Azerenergy Open Joint-Stock Company (OJSC) does not decline to cooperate with the Baku Steel Company and is ready to sell waste metal to the Company".
20 January 2006 [02:14]
"No monopoly exists in the building sector of Azerbaijan and none of the building companies have shares exceeding 35% in the market".
20 January 2006 [01:48]
Additional placement of short-term notes of National Bank of Azerbaijan (NBA) with the state registration number 50100312S was held in Baku Stock Exchange (BSE).
19 January 2006 [15:38]
The oil pumped to the Baku-Tbilisi-Ceyhan pipeline at the Sangachal terminal will reach the Turkish port Ceyhan in March, Azerbaijan International Operating Company said.
19 January 2006 [05:07]
The Guardians Humanitarian Organization and Information and Resource Center on Oil Industry of Azerbaijan held a conference on "Policy and activity of foreign oil companies in Azerbaijan" today.
19 January 2006 [04:53]
The Antimonopoly Policy Department of the Ministry of Economic Development will monitor the cellular phone market of the country.
19 January 2006 [04:41]
World Bank's agricultural mission headed by Frauke Yunglut visited Baku today.
19 January 2006 [04:39]
The Ministry of Transport intends to decrease benefits currently applied in international and transit cargo traffic by 5-40%.
19 January 2006 [04:20]
The Azercell Telecom Joint Enterprise (JE) signed GPRS/MMS roaming contract with 3 more foreign cellular communication operators – "People" of Hong Kong, "Tele 2" of Estonia and "Mobitel" of Slovenia.
19 January 2006 [04:17]
An auction on placement of short-term notes with the state registration number 50100312S of the National Bank of Azerbaijan was held in the Baku Stock Exchange (BSE) today.
19 January 2006 [04:01]
Over 1600 small state enterprises and establishments were privatized in 2005 in the result of the measures implemented by the State Committee for State Property Management.
19 January 2006 [03:52]
A decision on disbursement of $200 million credit for the Azerbaijan Highway II Project was taken in a meeting of the Board of Directors of the World Bank (WB) held yesterday.
19 January 2006 [03:51]
The National bank of Azerbaijan (NBA) predicts official currency reserve to increase by 50% to $1.5 milliard during the current year.
19 January 2006 [03:47]
It is expected that a credit of $50 million the European Bank for Reconstruction and Development (EBRD) to grant to our country for upgrade of the locomotive fleet of the Azerbaijan State Railway (ASR) will be approved in a next meeting of the Board of Directors of the Bank to be held on January 27.
19 January 2006 [03:36]
Volume of overall turnover of the Baku Interbank Currency Exchange (BICEX) decreased by 9% in 2005 and comprised 835 million 116 thousand AZN ($885.6 million) by January 1, 2006.
19 January 2006 [03:32]
The Baku Steel Company possesses enough reserve of armature for meeting the domestic demand during the 2-week pause emerged in activity of the steel mill.
19 January 2006 [03:26]
Volume of assets of the Azerdemiryolbank Joint-Stock Bank (JSB) totaled 49 million 767.6 thousand AZN by January 1 of the current year and this is 73% more than the same indicator of the previous year.
19 January 2006 [03:07]
The AGN Mak Company completed preparation of an auditors' report on the first six months of 2005 within the framework of the Extractive Industry Transparency Initiative (EITI).
19 January 2006 [03:00]
The results of activity in 2005 of the SOCAR Marketing and Economic Operations Office (MEOO) will be examined by the Ernst & Young Accounting and Consulting Company.
19 January 2006 [02:33]
Increase by 0,8% in price was registered in the land market of Baku in December, 2005.
19 January 2006 [02:31]
The representation in Sabirabad city of the Sabirabad region Executive Power announced an open tender on major repairs of the roads and implementation of reconstruction works in the city in 2006.
18 January 2006 [17:47]
Despite worsening of weather conditions there is no any restriction in energy supply of Baku and Absheron Peninsula as in previous years.
18 January 2006 [15:58]
The Company’s president Paolo Perviz made comments on his leaving Azerbaijan , and stoppage of his company’s activity.
18 January 2006 [04:45]
The Ministry of Transport has already submitted its proposals on increasing fares in transport to the Tariff Council.
18 January 2006 [04:33]
The Azeronline Joint Enterprise (JE) unsatisfied with a decision concerning the Internet providers issued in December by the Antimonopoly Policy Department of the Ministry of Economic Development brought an action against this structure in the Court of Economy.
18 January 2006 [03:49]
Daily volume of gas delivery to population of the capital was increased to 11 million 458 thousand cubic meters in connection with snap of cold in the republic.
18 January 2006 [03:42]
5,4 milliard AZN were directed to the main capital from all financial sources during the past year and this is 12,7% more in comparison with the same indicator of the previous year.
18 January 2006 [02:48]
"Barmek Azerbaijan Electric Network" LLC supplied consumers with 1 milliard 132,78 million kWh of electric energy in December, 2005.
18 January 2006 [02:43]
A scientific-methodological seminar on "Inflation and capability for international rivalry: methodology and experience of central banks" was held for mass media representatives in the National Bank of Azerbaijan (NBA) today.
18 January 2006 [02:37]
It is predicted that the basis inflation level will form 6-7% in the country during this year.
18 January 2006 [02:27]
The Azerkredit Commercial Bank (CB) completed preparation of the development strategy for 2006-2010 of the bank with participation of the specialists of the Azerbaijan Bank Training Center.
18 January 2006 [02:07]
Negotiations with foreign companies operating in the field of oil and gas output in our country continue.
17 January 2006 [21:40]
On Tuesday the World Bank and the Azerbaijani government signed a loan agreement on allocation of two grants within the implementation of new project "Agricultural Environment of Azerbaijan".
17 January 2006 [21:33]
Azerbaijani government is aware of suspension of production of Baku Steel Company, told journalists Heydar Babayev, economic development minister of Azerbaijan.
17 January 2006 [19:45]
Turkish Minister for Energy and Natural Resources Hilmi Guler's exclusive interview to Trend news agency.
17 January 2006 [19:32]
The Fifth meeting of the board of trustees of the Azerbaijan Fund for Facilitation of Export and Investments (AFFEI) has been held today.
17 January 2006 [17:56]
The Taxes Ministry revealed violations at 17,805 objects belonging to 17,782 taxpayers within the measures taken on operative tax control in 2005.
17 January 2006 [17:28]
667,7 million AZN have been transferred to the state budget in 2005 against the forecast of 741,2 million AZN in the state sector, and in the non-state sector - 760,8 million AZN (the planned amount is 679,2 million AZN). Performance in the state sector is 90,08%, and 112% - in the non-state sector.
17 January 2006 [14:09]
Azerbaijan applies bilateral agreement on evasion from double taxation on profit and property with 17 countries, the Azerbaijani Taxes Ministry announced.
17 January 2006 [13:30]
The recent doubling of the prices on some oil products was not a requirement of the International Monetary Fund, but "just a recommendation to the Azeri government", the IMF representative in Azerbaijan Basil Zavoico has said.
17 January 2006 [11:40]
A project on fighting corruption will be presented in the Confederation of Azerbaijani Entrepreneurs (CAE) next Monday.
17 January 2006 [11:36]
Germany’s Select Energy Company has purchased this year’s first portion of oil to be exported by SOCAR from the Batumi port of Georgia in February.
17 January 2006 [06:00]
The Azerphone Joint Enterprise (JE) which signed a contract with the Ministry of Communication and Information technologies for the purpose of providing cellular communication services as a new GSM operator in Azerbaijan intends to establish its network in Baku (in whole Absheron), Ganja, Mingechevir, Ali Bayramli and Guba cities till September, 2006.
17 January 2006 [05:54]
The Ministry of Taxes will complete testing of the Automated Taxes Information System (ATIS) till the end of January.
17 January 2006 [05:46]
The U.S. Stone Mount Company bought participation share of AtaHolding in the AtaAudit Company included in the structure of the holding.
17 January 2006 [05:42]
Ramiz Hasanov, the lawyer of Ibrahim Mammadov, the founder of the “Azpetrol Oil Company” Limited Liability Company (LLC) held a press-conference today.
Pakistan warns of danger of "all-out war" as Kashmir crisis escalates
Kaja Kallas: EU-Azerbaijan ties advancing on a ‘two-way path’
Austria’s OMV shuts down hydrogen filling station network due to ‘lack of demand’
China send its next space mission into orbit
South Korea ask United States to exempt its goods from duties
Azerbaijan to host founding conference of Global South NGO Platform in Baku
EC blacklist organizations associated with Huawei