Georgia to build $700 mln oil refinery
Georgian Prime Minister Irakli Kobakhidze unveiled the Kulevi oil refinery project, calling it the “largest private investment initiative in the history of independent …
manufacture in Caucasus
South Caucasus' first wallpaper plant opened in Aghdam
Mister Decor LLC, the first wallpaper production plant in the South Caucasus, has opened at the Aghdam Industrial Park, LLC Director Ali Aliyev said. According to him, the facility uses German technology and plans to supply both local …
SOCAR and Tatneft explore joint venture
The State Oil Company of Azerbaijan (SOCAR) and Russia's PJSC Tatneft are discussing the possibility of establishing a joint venture for the production of lubricants, General Director of SOCAR RUS Rufat Mahmud said. …
Prospects for Azerbaijan's liberated regions development discussed in Shusha
An event titled "New Opportunities for Entrepreneurs: Let’s Revive Karabakh Together" organized by the Ministry of Economy of Azerbaijan, was held in …
Azerbaijani cartographers catches Armenia in carrying out harmful mining
Today, the “Environmental Protection First” Coalition, which brings together NGOs fighting against Armenia’s illegal mining industry, released a map of “Mineral raw material resources of the Republic of Armenia” at …
Azerbaijan and Türkiye intend to expand defense cooperation
The Turkish delegation led by President of Secretariat of Defense Industries under the Presidency of Türkiye Haluk Gorgun held meetings with the Azerbaijani Minister of Defense and the Azerbaijani President in Baku on April …
Georgian FM highlights “very high” economic growth
Georgian Finance Minister Lasha Khutsishvili highlighted the “very high” economic growth in Georgia over the past four years. According to the minister, Georgia had experienced “double-digit” growth between …
Avtovaz to set up assembly of Lada cars in Azerbaijan
Russian carmaker Avtovaz is in talks to establish semi knocked down (SKD) assembly of Lada cars in Azerbaijan, Avtovaz head Maxim Sokolov said. …
Brand "Made in the Caucasus" to be promoted across Russia
Producers from the North Caucasus will be able to obtain the trademark "Made in the Caucasus". It will make the products recognizable and popular. Goods under the new brand will receive support in promotion in retail chains.
Azerbaijan to import livestock products from 23 more Russian companies
More than 20 Russian livestock enterprises have obtained the right to export to Azerbaijan, Russia's Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) said. "The Food Security Agency of Azerbaijan, …
Iran retains its place among the world's top ten steel producers
In the first half of 2022, Iran entered the top 10 countries that are the main steel producers in the world. According to the World Steel Association, Iran produced over 13.6 million tons of steel in the first six months of this year, …
Azerbaijan to launch hydrogen production
Production of hydrogen will be launched at the Heydar Aliyev Baku Oil Refinery, Deputy Director General of the Refinery Modernization Project Emil Alkhasli told Trend. According to Alkhasli, as part of the modernization and …
Industrial production of wind power plants to begin in Georgia
Industrial production of wind power plants in Georgia is set to begin following the signing of a memorandum between the country Economy Ministry, the State Military Scientific Centre Delta and Georgian Wind Energy Association on …
Azerbaijan's non-oil exports up by 59%
Azerbaijan's exports in the non-oil sector increased by 59% in January 2022, Azerbaijani Economy Minister Mikayil Jabbarov said. He added that the country's total exports increased by 90.1%, compared to the same month …
KAMAZ service center to be opened in Azerbaijan's liberated territories
President of Azerbaijan Ilham Aliyev has visited Jabrayil district on October 4. During the visit, the president laid the foundation for a joint service center of KAMAZ OJSC and Ganja Automobile Plant PU in the Jabrayil …
Report: Karabakh separatism has no prospects
In post-war period, the Armenian population of Azerbaijan living in the zone of responsibility of the Russian peacekeepers has no alternatives left to full-fledged integration into the Azerbaijani economy: the separatist regime, which has been …
Turkish companies to invest $50 million in Karabakh textile sector
At the initial stage, Turkish companies plan to invest $50 million in the construction of textile factories in the liberated territories of Azerbaijan, chairman of the Board of TÜMKİAD Ilham Ozturk, who is on a visit to Baku, said. …
Ilham Aliyev in Sumgayit: 2021 begins with victories
2021 begins with victories, President of Azerbaijan Ilham Aliyev said following a groundbreaking ceremony for the Azersulfat LLC sulfuric acid production plant and Glassica CJSC glass container production plant and the inauguration of the …
Liberated Azerbaijani territories to be restored in four stages
A concept was prepared for the restoration and development of the Azerbaijani lands liberated from the Armenian occupation in accordance with the instruction of the President of Azerbaijan Ilham Aliyev, Azerbaijani Minister of Economy Mikayil …
Azerbaijan shows video footage from Soyudlu (Zod) gold deposit of Kalbajar district (VIDEO)
The Azerbaijani Defense Ministry has disseminated the video footage from the Soyudlu (Zod) gold deposit of Kalbajar district. The Karabakh war ended on the night of November 9-10, 2020 with the victory of Azerbaijan. During the …
