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Tag Archives: Azerbaijan

Azerbaijan Reveals Metallurgical Output Value

Products worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in Azerbaijan in January-April 2018, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2 percent, while the manufacture of finished metal products grew …

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Azerbaijan’s State Fund for IT Development Finances over 100 Start-ups

Azerbaijan’s State Fund for Development of Information and Communication Technologies has so far financed 112 startup projects, Minister of Transport, Communications and High Technologies Ramin Guluzade said at a ceremony of presentation of winners of the Microsoft Imagine Cup Azerbaijan contest on May 15. Guluzade noted that about 1,000 startup …

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Iran, Azerbaijan Eye to Boost Trade Ties between Ports

Iranian ports and the Baku International Sea Trade Port in Azerbaijan are keen to increase trade and transport. Deputy CEO of Ports and Maritime Organization (PMO) for Maritime Affairs of Iran Hadi Haghshenas said to Azernews that talks are underway in this direction, adding that more efforts will be put …

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American IT Companies to Support Azerbaijani Startups

The High Tech Park LLC operating under the Azerbaijani Transport, Communications and High Technologies Ministry and the American Chamber of Commerce in Azerbaijan (AmCham) signed a memorandum on cooperation in the IT sector, trend.az reports. The document stipulates formation of a roadmap for long-term strategic cooperation between the parties. Within …

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Azerbaijan to Increase Generating Capacities

This year Azerbaijan will put into operation a number of power facilities that will allow to increase generating capacity, trend reports. Head of JSC said, the electric power system was strategic from the point of view of social and economic development of the country, and for this reason new goals …

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Cross-border partnerships between Azerbaijan and Georgia

On 29-30 March, six project teams from the Azerbaijan–Georgia Eastern Partnership Territorial Cooperation (EaP TC) Programme will gather in the Georgian capital Tbilisi for a training seminar on the methodology and practical aspects of successful project implementation. The event is being organised by the EaP TC Support Programme to enhance …

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Azerbaijan to Invest Huge Funds in Railway Development until 2022

Azerbaijan’s investments in the development of railways will be about $5 billion in 2010-2022, Deputy Head of Azerbaijan Railways CJSC Hijran Valehov said at the first conference of the Silk Road Support Group of the OSCE Parliamentary Assembly in Baku March 13. He noted that the freight turnover between the …

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SOCAR Exports More than 219,000 Tons of Oil Products to Georgia

Azerbaijan exported to Georgia more than 219,336 tons of oil products in 2017, azernews reports. Moreover, 2.203 billion cubic meters of natural gas were transported from Azerbaijan to Georgia, according to SOCAR Energy Georgia. SOCAR Energy Georgia was established in 2006. In the Georgian market SOCAR carries out wholesale and …

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