Business
28 February 2006 [11:08]
A conference on investment opportunities in our republic will be held in Zurich city of Switzerland on March 9 with participation the Ministry of Economic Development (MED) of Azerbaijan and other state authorities.
28 February 2006 [10:53]
Forum with participation of Azerbaijani businessmen will be held in the capital of Japan, Tokyo on March 8.
28 February 2006 [10:20]
The Minister of Communication and Information Technologies Ali Abbasov attended the meeting of the XII General Assembly of the Standing Committee on Scientific and Technological Cooperation of the Islamic Conference Organization (COMSTECH) held in Islamabad on February 21-24.
28 February 2006 [09:26]
The Azerenergy Open Joint-Stock Company (OJSC) signed a memorandum with the RAO EES Company of Russia on parallel operation of the power supply systems of the two countries.
28 February 2006 [09:19]
Construction of the Sheki module power plant is intensively implemented.
27 February 2006 [16:54]
More than 60 companies from 15 countries will represent products at the 3rd international automobile exhibition AutoShow-2006, according to Iteca Caspian LLC, an organizer of the show.
27 February 2006 [16:26]
The visit of the Russia's Accounts Chamber staff head Sergey Shahray to Baku is scheduled.
27 February 2006 [12:49]
State Oil Company of Azerbaijan Republic (SOCAR) has dispatched 193 thousand 197 tons of crude and oil products from Baku since January.
27 February 2006 [12:27]
The Asian Development Bank (ADB) is interested to participate in formation of the capital of banking organizations operating in our country. However, the Bank must implement certain investigations for this purpose.
27 February 2006 [12:21]
The World Bank has granted Azerbaijan with $323,000 for the improvement of the legislation in the sphere of insurance.
25 February 2006 [20:11]
Some technical and juridical issues were not yet coordinated.
25 February 2006 [10:19]
Opening ceremony of "Imishli Sugar Mill" is planned to be held these days.
25 February 2006 [10:06]
Azerbaijan's technical capability allows the country to purchase up to 2 billion cubic metres of natural gas from Iran every year.
25 February 2006 [09:55]
The length of the surface Baku-Sumgait line to be 26 kilometers.
25 February 2006 [09:43]
The Head of the Azerigas Close Joint-Stock Company (CJSC) Alikhan Malikov held a press-conference on the last year results and work to be implemented in 2006.
25 February 2006 [09:11]
Reconstruction of the first power unit of the Nakhchivan Gas-Turbine Power Plant has been completed and the unit is currently being tested.
25 February 2006 [09:06]
Microchip cards will be sold in all offices of the Baku Metro starting from March 1.
25 February 2006 [08:59]
Deposit certificates of the Bank Standard Commercial Bank (CB) were registered by the State Committee for Securities.
24 February 2006 [18:16]
Government may cover the losses of broiler enterprises.
24 February 2006 [17:55]
The budget of the project in construction of the high pressure gas pipelines is $45m.
24 February 2006 [16:48]
In 2005 Azerigas joint-stock company spent around 100 bn manats on major construction and repair work and constructed 180km-long gas pipelines, Alikhan Malikov, the head of the Azerigas, stated to a news conference on February 24.
24 February 2006 [11:25]
The Azersu Joint-Stock Company announced a tender on construction and rehabilitation of water supply and sewerage systems of the cities and regions of the republic in 2006.
24 February 2006 [11:18]
One more station of "Memar Ajami-Dernegul" metro line will be put into operation in September, 2008.
24 February 2006 [11:10]
State Committee for State Property Management(SCSPM)put its homepage and Hot line into operation.
24 February 2006 [11:04]
Executive Power, Hygiene and Epidemiology Center and Police Office are fighting against physical people who are engaged in illegal trade in the streets.
24 February 2006 [11:01]
Roundtables under "Year of Russia in Azerbaijan" with participation of representatives of both countries were held at the Baku Business Centre yesterday.
24 February 2006 [10:28]
Energy security issues in GUAM framework will be discussed in Baku.
24 February 2006 [10:20]
"The Azerbaijani party is not conducting any negotiations on reduction of the price of electricity imported from Russia. The reason of it is price increase of energy carriers in the world market".
24 February 2006 [09:39]
Delegation led by the Chair of the Accounts Chamber Namig Nasrullayev will visit Kuwait on March 4-7.
24 February 2006 [09:13]
A delegation led by the senior auditor of the National Audit Office of Great Britain John Born is expected to visit Azerbaijan within the first ten-day period of April.
24 February 2006 [08:55]
The European Bank for Reconstruction and Development (EBRD), that works with Azerbaijan since 1992, has allocated $770 million.
23 February 2006 [11:38]
Vladimir Chaikovski will become a general manager of the Baku representative office of the Microsoft corporation.
23 February 2006 [11:02]
The Georgian party has completely repaid electricity received from Azerbaijan during energy crisis happened in Georgia on January 22.
23 February 2006 [10:57]
Today the Baku Office of the European Bank for Reconstruction and Development (EBRD) held presentation of the new publication of the annual "Transition report – 2005" on economic development and reforms implemented in Central, Eastern European and CIS countries.
23 February 2006 [10:32]
Special commission to conduct inventory of buildings to be pulled down pursuant for construction of new motor roads.
23 February 2006 [09:52]
The Minister of Economic Development Heydar Babayev told journalists that Russian companies were mainly interested in the non-oil sector and some proposals had already been presented in this connection.
23 February 2006 [09:49]
Price of electricity sold to population will not be raised this year.
23 February 2006 [09:20]
The government of Azerbaijan will be more careful with the borrowing policy this year.
23 February 2006 [09:10]
Any decision on construction of submerged pipelines in the Caspian Sea can be adopted only after determination of the legal status, was stated by the Minister of Industry and Energy of Russia Viktor Khristenko.
23 February 2006 [09:04]
The Ministry of Communication and Information Technologies will prepare proposals on privatization of Baku Automatic Telephone Unit (BATU) soon.
23 February 2006 [09:00]
The Cabinet of Ministers and Ministry of Economic Development were given instructions on preparation of the 2007 draft budget and socioeconomic development forecasts.
23 February 2006 [08:55]
30% of property value that must be paid under mortgage crediting is high amount in the present situation, the Minister of Youth and Sport Azad Rahimov told.
23 February 2006 [08:51]
The biggest information-communication technologies exhibition of the world – CeBIT-2006 will be held in Hannover city of Germany from March 9 to 15.
22 February 2006 [18:14]
"Russia's largest aluminium producer "Russian Aluminium" is planning to invest $1bn in aluminium's production in Azerbaijan," the First Deputy Premier Abbas Abbasov told journalists.
22 February 2006 [16:55]
The government plans to increase salaries of employees of companies financed from state budget except diplomats and governmental officials in 2006.
22 February 2006 [16:50]
SPMC started work on new registration of concluded leasing contracts. Lesees are due to address to SPMS for re-registration of contracts.
22 February 2006 [15:21]
Azerbaijan can become transit country of Stavropol region on grain transportation
22 February 2006 [15:08]
The ?zerenerji Joint Stock Company (JSC) is holding negotiations with the government of Azerbaijan and is likely to commence managing the Bayva-Enerji company since March 1, the head of the ?zerenerji JSC Etibar Pirverdiyev told journalists on Wednesday.
22 February 2006 [14:51]
"Russia has proposed to Azerbaijan a long-term agreement on oil transportation via the Baku-Novorossiisk pipeline," the Russian industry and energy minister said Wednesday.
22 February 2006 [14:49]
Several hundred government officials, legislators and entrepreneurs from Russia and Azerbaijan gathered in the capital of Baku Wednesday to discuss ways of boosting economic cooperation between the two former Soviet republics.
22 February 2006 [12:25]
Session of the Azerbaijani-Russian economic commission, taken place, on February 21, in Baku, resulted in signing of two documents.
22 February 2006 [11:00]
Minimum salary can be increased by 33% this year.
22 February 2006 [10:31]
Israeli businessmen met with representatives of the northern regions at the Olympic Complex in Guba on February 21.
22 February 2006 [10:20]
The "Koroghlu" tanker built in the "Krasnoye Sormovo" (Nizhni Novgorod) enterprise of Russia will be brought to Azerbaijan in April-May this year.
22 February 2006 [10:14]
The National Reserve Corporation of Russia (NRCR) intends to participate in house-building projects in Azerbaijan.
22 February 2006 [09:34]
According to balance sheet indicators of the AtaBank Open Joint-Stock Company on 2005, total assets and credit portfolio totaled AZM 159,434.3 million and AZM 115,788.8 million respectively.
22 February 2006 [09:14]
Avoidance of obligatory audit is concerned with existence of shortcomings in the activity and lack of financial transparency. It mostly relates NGOs operating in the country.
22 February 2006 [08:42]
The Bank of Baku Commercial Bank (CB) has started implementation of all banking operations (purchase, sale, collection of payments) by means of "American Express" checks from today.
21 February 2006 [21:11]
The National Bank of Azerbaijan (NBA) set to implementate the pilot project on introduction of the new system of foreign banking control FinA International (FinA).
21 February 2006 [21:05]
It will be implemented in accordance with the resolution of the Russian-Azerbaijani inter-governmental commission.
21 February 2006 [20:37]
An Azerbaijani-Russian business center will be built in Azerbaijan, said Yuri Kudimov, the head of the National Reserve Bank.
21 February 2006 [16:59]
"Azerbaijan does not intend to stop importing Russian gas," Minister of Industry and Energy Natig Aliyev stated on Tuesday.
21 February 2006 [16:46]
Azerbaijan plans to transport over 3 million tons of oil in 2006 against 4,1 million tons in 2005 through the Baku-Novorossiysk oil pipeline, the head of the Azerbaijan Ministry of Industry and Energy (MIE), Natig Aliyev said in a statement to journalists today.
21 February 2006 [16:44]
The Azerbaijan capital investments this year will make up about 611 million AZN (around 660 million USD).
21 February 2006 [16:41]
"Energy exchange between Azerbaijan & Russia - requirement of two independent energy systems for each other," said Marlen Asgarov, Azerenerji Vice-President.
21 February 2006 [09:58]
Last year cargo traffic in the Azerbaijani part of the Europe-Caucasus-Asia transport corridor increased by 14.6% in comparison with the previous year and was 46.7 million tons.
21 February 2006 [09:48]
The Azneft Production Union (PU) has started introduction of the nanotechnology in development wells due to the Conception of scientific-research works in oil industry for 2006-2010.
21 February 2006 [09:26]
The "Shimal" State District Power Station (SDPS) has been operating in optimal mode since the day before yesterday.
21 February 2006 [09:20]
It's planned to construct a module power station in Nakhchivan AR soon.
21 February 2006 [09:13]
The Azerbaijani delegation will visit Turkey on February 22 to participate in the East Mediterranean International Travel and Tourism Exhibition.
20 February 2006 [18:49]
"The number of the subscribers of CDMA (Code Division Multiple Access) of Baku Telephone Communication Production Association (BTCPA) exceeds 700," said Beytulla Husseynov, the head of BTCPA.
20 February 2006 [16:46]
The First Azerbaijani-Israeli agro-business forum began today in Baku. The Azerbaijan Ministry of Economic Development (MED), the Investment and Export Facilitation Foundation (IEFF) and the Embassy of Israel to Azerbaijan initiated the event.
20 February 2006 [15:52]
Oil production in Azerbaijan is expected to hit a record-high 30 mln tons in 2006, State Oil Company of Azerbaijan (SOCAR) informed.
20 February 2006 [15:00]
The government plans to hold monitoring of incomes and outcomes of big state enterprises from July 2006.
20 February 2006 [09:19]
Yesterday a staff meeting on the results of 2005 was held in the Ministry of Communication and Information Technologies.
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