Saipem Contracting Netherlands B.V. signed a 4-year contract with the Azerbaijani branch of the Lighthouse company in order to conduct survey work as part of the Shah Deniz Stage 2 project, Lighthouse said in a message posted on its website. “The two companies have signed a new revision of the existing frame agreement, which concerns…
Shareholders of Bashak Inam Insurance OJSC will discuss increasing the company’s authorized capital on December 22, the company said in a message. Currently, the authorized capital of Bashak Inam is 7 million Azerbaijani manats. Moreover, during the meeting, the shareholders will discuss changing the name of the insurance company and the results of the company’s…
Entrepreneurs of the United Arab Emirates (UAE) can use conditions created in Azerbaijan’s industrial parks, Azerbaijani Economy Minister Shahin Mustafayev said. Mustafayev made the remarks during his meeting with Majid Saif Al Ghurair, chairman of the Board of Dubai Chamber of Commerce and Industry, the Azerbaijani Economy Ministry said in a message. There is also…
The sixth international cotton exhibition-fair and conference “Cotton Products of Turkmenistan and the global market” will be held in Ashgabat on December 3-4, the Turkmen government said in a message. “The annual forum is important for exchanging experience and establishing cooperation with interested foreign partners, demonstrating the country’s achievements in the cotton production and processing”,…
Electricity consumption in Ukraine in January through October, taking into account losses in electricity transmission, fell by 2.3% or by 2.807 billion kilowatt-hours (kWh) YoY, to 120.593 billion kWh, the Energy and Coal Industry Ministry reported. Electricity consumption, not including losses, over the period fell by 2.6%, or by 2.59 billion kWh, to 95.44 billion…
The National Bank of Ukraine (NBU) in November sent 14 billion UAH to the national budget, according to a posting about budget revenues as of November 17, posted on the website of the State Treasury Service. As reported, the NBU Council on October 25, approved of the consolidated report of the central bank for 2015…
Grain harvest in Ukraine in 2016 would total 64 million tons, Agricultural Policy and Food Minister of Ukraine Taras Kytoviy has said. “We expect that this year we would have a record-breaking harvest of 64 million tons with the average yield of 44 hundredweights per ha”, the minister said. He said that the indicator was…