Socar International buys 10% stake in Petkim

Socar International buys 10% stake in Petkim Azerbaijan`s state oil firm, SOCAR has won a bid of Turkey`s Privatization Board to buy a 10% stake in petrochemicals maker Petkim. SOCAR purchased the stake for $168,500,000, AzerTAjreports. SOCAR`S Turkey unit owns a 51 percent majority stake in Petkim    Read More

Tariffs for internet services in Azerbaijan reduced

Tariffs for internet services in Azerbaijan reduced The ‘Baku Telephone Communication’ Production Unit of the Ministry of Communications and Information Technologies has reduced  tariffs for internet services rendered via the separate line. This information was provided to ‘ICTnews’ by the ‘Baku Telephone Communication’ PU. According to the information, the reductions were applied to tariffs for both “unlimited’ and ‘traffic’ internet packages. The new... Read More