The activities of the Open Joint Stock Company “Azerbaijan Industrial Corporation” include: – increasing the efficiency of state property management; – active participation in the implementation of activities aimed at the development of the non-oil sector; – formation of a system of accountability and control based on the principles of corporate governance; – formation and […]

Shortly after the Soviet Union collapse, the former socialist countries, including Azerbaijan have geared their economies towards integration into a free market economy. Obsolete technologies and floundering industrial units, inherited from the system of centralized socialist economy, did not meet the requirements of the free market economy. Many of them had to close down due […]