2026-4-7 18:03 |
A new substation will be built in Azerbaijan's Absheron district, as reported by Trend. Azerishig OJSC has already started preparations for the project. The upcoming work will involve constructing a 35/6 kV substation to replace the existing distribution unit in Novkhani settlement.
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Azerbaijan plans to allocate around $1.1 billion in subsidies next year, marking a decline of nearly $230 million compared to the expected execution for this year. trend.az »
2025-11-05 01:20
Azerbaijan’s GDP reached 95.229 billion manat ($55.7 billion) by September, or 73.3 percent of the year’s forecast. For 2025, GDP is expected to grow 3 percent to 129.9 billion manat ($76 billion). trend.az »
2025-11-04 20:10
Azerbaijan plans to spend 2.46 billion manat on public debt servicing in 2026, which is 60 million manat more than in 2025. trend.az »
2025-10-23 15:51
Azerbaijan plans to allocate about 50 million manat to the DOST Agency next year to support the delivery of social services. trend.az »
2025-10-23 14:03
Azerbaijan plans to allocate 8.7 billion manat ($5.14 billion) for defense and security in 2026. This represents a 3.8 percent increase over the approved forecast for 2025. trend.az »
2025-09-16 21:07
The State Employment Agency has launched a tender to acquire furniture and inventory items. trend.az »
2025-07-21 18:24
Azerbaijan's SOCAR CAPE LLC reported export revenues for the first two months of 2026, according to the Export Review by the Center for Analysis of Economic Reforms and Communication. In comparison, the company’s revenue data for the same period last year was not disclosed.
SOCAR Polymer leads the growth in Azerbaijan's non-oil sector exports, showing significant year-on-year improvement in early 2026.
SOCAR's export operations in early 2026 saw a significant decline compared to the previous year, with non-oil sector exports led by SOCAR Polymer and several other state-owned companies.
Loan investment in Azerbaijan’s mining and utilities sector declined as of early March 2026. The decrease reflects both a monthly and annual drop in financing from banks and non-banking institutions.
Petroleum product output declined in early 2026, contrasting with broader growth in Tajikistan’s manufacturing sector.
Increasing renewable energy capacity and investment in green projects could strengthen energy security, attract capital, and support sustainable economic growth.