An auction for privatization of state-owned properties in Azerbaijan will be held on November 1, Azerbaijani State Committee on Property Issues said. The auction will see 101 state properties and facilities put up for sale, including 23 joint-stock companies, 62 small enterprises and properties, as well as 16 vehicles. Joint-stock companies include enterprises operating in…
Azerbaijan intends to strengthen partnership with the regions of Kazakhstan. “The Azerbaijani side will try to find common interests regarding the supply of certain goods and raw materials, boost the export of fruit and vegetables to the Kazakh market, including the Atyrau region”, Ambassador of Azerbaijan to Kazakhstan Rashad Mammadov said. “Azerbaijani enterprises need raw…
Azerbaijan’s Energy Minister Natig Aliyev will participate in the OPEC High Level Committee Meeting on implementation of Algerian agreements of OPEC and non-OPEC states, to be held in Vienna in late November, the Azerbaijani Energy Ministry said in a message. Along with Azerbaijan, invitations for the meeting were sent to such non-OPEC states as Russia,…
Azerbaijan is ready to share its experience in the field of energy with the Republic of South Africa and to assist it in development of a massive energy-producing potential, Azerbaijan’s Energy Minister Natig Aliyev said. The minister welcomed the newly appointed Ambassador of the Republic of South Africa Pule Isaac Malefane. The parties discussed the…
Residents of the Sumgait Chemical Industrial Park (SCIP) will start production in 2017-2018, Azerbaijan’s Deputy Economy Minister Niyazi Safarov reported. Safarov said that one of SCIP’s biggest residents SOCAR Polymer would begin test production in the second half of 2017 and would reach its full production capacity in 2018. The creation of industrial zones is…
Germany’s logistics company DHL has opened its office in Azerbaijan. The office, DHL Global Forwarding Azerbaijan, was registered according to the “single window” principle of Azerbaijani Ministry of Taxes on June. The company’s authorized capital is 100 manats. Turkish citizen Inanc Behcet Kerem is the company’s official representative. Azerbaijan Railways CJSC and DHL agreed to…
In the course of the auction held by Azerbaijan’s State Committee on Property Issues on October 25, 31 state property units have been sold as part of a new privatization program. Three lots put for privatization were joint-stock companies, 16 were small state enterprises and properties, three – unused non-residential areas and the remaining nine…