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Azerbaijani wine company to start exports to Turkey

Azerbaijani wine company

An Azerbaijani wine-making company Aspi Agro LLC, operating in the country’s Gabala district, plans to expand its export geography, the company told Trend. The company plans to export its products to neighboring Turkey. “We plan to export “Savalan” wines to the new market. This brand is very popular in Azerbaijan, …

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SOCAR Turkey’s market value reaches $11B


Market value of SOCAR Turkey Energy, a subsidiary of the State Oil Company of Azerbaijan (SOCAR) in Turkey, has reached $11 billion said SOCAR Turkey Energy CEO Zaur Gahramanov, Turkish media reported. Goldman Sachs bought 13 percent share in SOCAR Turkey Energy for $1.3 billion in August 2015. “Today, the …

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EBRD can further allocate manat loans to Azerbaijani companies


The European Bank for Reconstruction and Development (EBRD) is ready to consider the possibility of further allocating manat loans to Azerbaijani companies, Head of EBRD Baku office Ivana Duarte told Trend. “The development of local capital markets and local currency lending is among our top priorities in Azerbaijan. Companies, which …

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Azerbaijan taking part in Prodexpo-2019 exhibition

Made in Azerbaijan

This year Azerbaijan has again become the general sponsor of the Prodexpo-2019 exhibition, which will present the national stand Made in Azerbaijan. Azerbaijan will present a wide range of national products at the 26th international exhibition of food products, beverages and raw materials for their production ProdExpo-2019, the trade representation of …

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Results of 2018 were discussed at AzerGold


A large-scale meeting on the results of 2018 was held at the head office of AzerGold CJSC. Opening the meeting, Chairman of the Board of AzerGold CJSC Zakir Ibrahimov spoke about the reforms carried out under the leadership of Azerbaijani President Ilham Aliyev and the development of the non-oil sector. …

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Customs procedures to be significantly simplified

Infrastructure at border crossing points will be modernized in Azerbaijan in 2019 and measures will be taken to simplify cross-border trade, Safar Mehdiyev, chairman of the State Customs Committee of Azerbaijan, said in an interview with Trend. Mehdiyev noted that also measures to minimize contacts between the official and the …

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