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Articles about BUSINESS in AZERBAIJAN

Poland hopes for new investment projects with Azerbaijan

By Leman Mammadova Poland hopes for new investment projects with Azerbaijan, Poland’s Ministry of Entrepreneurship and Technology told Trend. The ministry noted that the Poland-Azerbaijan Business Forum is planned to be held in the first half of 2019. “It will accompany the session of the Polish-Azerbaijani economic commission. We hope that …

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New salt deposits to be discovered in Azerbajan

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The search for new salt deposits at the Boyukduz mine in the Kangarly District of Azerbaijan’s Nakhchivan Autonomous Republic is scheduled to start in 2019, Anar Asadullayev, director of Nakhchivan Duz Istehsali Ltd., told Trend. “It is difficult to say what month the work might begin, everything will depend on …

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Berlin hosts the First German-Azerbaijani Business Dialogue

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By Leman Mammadova The German-Azerbaijani Business Dialogue was organized by the Member of the German Bundestag Mark Hauptman and the Azerbaijani Embassy in Germany on November 28 in Berlin. Azerbaijan Export and Investment Promotion Foundation (AZPROMO) has acted as the partner of the event.The purpose of the business dialogue was …

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Opening date of Baku-Batumi highway announced

The modern Baku-Batumi highway, which will meet all international standards, will be put into operation in 2021, Azerbaijani Minister of Economy Shahin Mustafayev said at a press conference dedicated to the transport and transit potential of Azerbaijan on Nov. 23.The minister also noted that the expansion of the Ganja-Gazakh-Georgia border …

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Azerbaijan’s economy growing, says Fitch report

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Fitch Ratings, an international rating agency, has noted improvement in the macroeconomic conditions in Azerbaijan, the agency said in a message.The message reads that in January-September 2018, the economy of Azerbaijan grew by 0.8 percent year-on-year, while the growth rate of non-oil GDP was one percent.Inflation fell sharply from 12.9 …

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Azerbaijan may launch new business right at Caspian Sea

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By Narmina Mammadova Officials think about the development of a legal framework that will allow starting industrial fish farming in the Caspian Sea.Director of the Fisheries Research Institute of the Azerbaijani Ministry of Ecology and Natural Resources, Mehman Ahundov, told Sputnik Azerbaijan that it is planned to develop a legal framework in order …

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Non-oil sector growth projected in Azerbaijan

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As a result of the measures taken in Azerbaijan, it is projected that the non-oil sector will grow 3.9 percent, Economy Minister Shahin Mustafayev said at the plenary session of the Azerbaijani parliament Nov. 13. “Considering the changes taking place in the global economy and the economic situation in our …

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