Ganja tram project discussed

31.01.2013 [11:03]
Representatives of Alstom, a French transport company, have visited headquarters of Executive Authorities in Ganja, Azerbaijan`s second largest city, to discuss construction of a tram line. Head of Ganja Executive Authorities Elmar Valiyev said the project would see construction of ...

Azerbaijan and EU launch talks on Agreement on Common Aviation Area

24.01.2013 [22:06]
The first round of negotiations between the European Union and Azerbaijan on a common aviation area has today started in Baku. The talks were attended by top officials of Azerbaijan`s State Civil Aviation Administration and representatives of the Foreign Ministry ...

Free economic zone to be set up in Baku airport`s territory

07.01.2013 [11:24]
A free economic zone will be established in the territory of the Heydar Aliyev International Airport, Draft Development Concept “Azerbaijan - 2020: The Vision of The Future” says. ...

Azerbaijan`s Gizildash Cement Factory signs contract with Commerce Bank of Germany

24.12.2012 [12:41]
Gizildash Cement Factory in Garadagh, Baku, has signed a contract with the Commerce Bank of Germany under the guarantee of the PASHA Bank on purchase of technological equipment. Speaking to the signing ceremony, CEO of Norm Ltd Hasan Yalçınkaya said Gizildash Cement ...

Infrastructure works within Baku White City project continue

12.12.2012 [16:08]
Reconstruction works of streets within Baku White City project has been started. Transforming of Khagani Rustamov Street, where new buildings will be situated to the modern 6-strip avenue with 45 m width, is being realized by Azeryolservice JSC. The reconstruction works are aimed on combining 2 main traffic arteries – Nobel Avenue and ...

Baku International Sea Trade Port to receive 8m tons of cargo at preliminary stage

09.12.2012 [14:14]
Azerbaijani deputy transport ministry Musa Panahov has said the Baku International Sea Trade Port will receive eight million tons of cargo at the preliminary stage. “At this stage, the port will be capable of receiving 8 million tons of cargo and 50 high ...

Baku-Tbilisi-Kars railway to be commissioned in 1st quarter of 2014

09.12.2012 [13:59]
The Baku-Tbilisi-Kars railway will be fully commissioned in the first quarter of 2014, according to chairman of Azerbaijan Railways Arif Asgarov. The railway project aims to link directly the railway systems of Azerbaijan, Georgia and Turkey to transport large amounts of cargo and passengers. The railway is being built in ...

IBA is one of the largest banks of CIS

04.12.2012 [12:53]
The International Bank of Azerbaijan (IBA) took the 38thposition in the ranking of Business New Europe magazine “TOP 200 banks of Eurasia”. The ranking includes the largest banks of Russia, Kazakhstan, Azerbaijan, Ukraine, ...

Malaysian cargo airline chooses Azerbaijan as its main transit center

03.12.2012 [18:11]
Malaysian cargo airline MASkargo has chosen the Heydar Aliyev International Airport in Baku as its main transit center. A first cargo plane, Boeing 747-400F, of the Malaysian company, which has previously ...

Baku to host 4th Congress of Council of International Confederation of Railwaymen & Transport Builders

03.12.2012 [10:57]
Azerbaijan`s capital will host the 4th Congress of the Council of the International Confederation of Trade Unions of Railwaymen & Transport Builders this week. According to the Azerbaijan Railways (ADY), the 42nd meeting of the Confederation`s ...

Passenger transportation via air transport ups

26.11.2012 [15:37]
The State Statistical Committee says in January-October, 1.4 mln passenger were transported via air transport, up 14.8% from a year earlier. Of this, ...

Khazar Islands` residential buildings and educational institutions to be completed by 2015

26.11.2012 [11:46]
Construction of Khazar Islands, a new city to be built by Avesta on artificial islands, is in full swing. Cutting edge technologies that ensure high quality and sustainability of the project are being used in construction operations. Equipment of the world`s top brands, such as Liebherr, Bauer, Comansa and Man, has ...

PASHA Bank launches private banking collaboration with Swiss BCGE

22.11.2012 [10:28]
PASHA Bank, one of the leading corporate banks in Azerbaijan, has successfully concluded talks with Banque Cantonale de Genève (BCGE), a leading publicly traded Swiss bank, about cooperation in private banking. Following the talks, corporate and private clients of PASHA Bank in Azerbaijan may now ...