business in Caucasus

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 Baku hosts Azerbaijani-Russian business forum

Baku hosts Azerbaijani-Russian business forum

Baku is holding an Azerbaijani-Russian business forum today. Today, more than 600 companies with Russian capital operate in Azerbaijan. About 3 billion dollars of the Russian investments were invested in economy of Azerbaijan, …

Baku to host Azerbaijan-Russia business forum

Baku to host Azerbaijan-Russia business forum

Baku will host the Azerbaijan-Russia business forum June 20, Azerbaijan Export and Investment Promotion Foundation (AZPROMO) said June 4, Trend reports. The event, to be organized with the support of Azerbaijan's Ministry of …

Russian business interested in Azerbaijan

Russian business interested in Azerbaijan

Azerbaijan is one of the most attractive countries for Russia in terms of development of cooperation in the sphere of production and trade, the Russian industrialists said in an interview to Vestnik Kavkaza in the fields of the constituent …

Azerbaijan reduces punishment for illegal entrepreneurship

Azerbaijan reduces punishment for illegal entrepreneurship

Azerbaijan reduces punishment for illegal entrepreneur activity: now, those who were found guilty of it are exempted from criminal responsibility under certain conditions. Corresponding amendments to the Criminal Code were approved by the …

Kvirikashvili to attend Investment Forum in Dubai

Kvirikashvili to attend Investment Forum in Dubai

The Georgian Prime Minister Giorgi Kvirikashvili will visit Dubai on Monday to take part in the Annual Investment Forum. It is reported that he will address the Global Leaders Plenary Session, during which he will …

Austrian businessmen are interested in Stavropol Territory

Austrian businessmen are interested in Stavropol Territory

The Vice-President of the Austrian Federal Economic Chamber, Rihard Schenz, stated today that representatives of Austrian business circles got acquainted with the possibilities of conducting business in Stavropol Territory and …

Kvirikashvili visits Georgia's first olive manufacturer

Kvirikashvili visits Georgia's first olive manufacturer

Georgian Prime Minister Giorgi Kvirikashvili has visited the first Georgian company involved in the processing of olives. It is known that it is located in the village of Sakobo in the Sighnaghi municipality (Kakheti) and is …

Artur Rasizade sums up work of government in 2015

Artur Rasizade sums up work of government in 2015

Azerbaijan’s Prime Minister Artur Rasizade summarized the main outcomes of the country's development in 2015, speaking at a plenary session of the Azerbaijani parliament dedicated to the discussion of a report on the …

Gazprom to continue to pay Georgia with ‘blue fuel’

Gazprom to continue to pay Georgia with ‘blue fuel’

Gazprom and the Ministry of Energy of Georgia extended the agreement under which the Russian company pays 10% for the Tbilisi gas supplies to Armenia as a transit fee via the Georgian territory, Georgian Energy …

 Azerbaijan to increase gas supplies to Georgia

Azerbaijan to increase gas supplies to Georgia

Today, Azerbaijan's state oil company SOCAR and the Government of Georgia will sign an agreement to increase gas supplies. The President of the State Oil Company of Azerbaijan, Rovnag Abdullayev, has arrived in Georgia …