Twitter founder has left the post of CEO

Twitter founder and CEO Jack Dorsey has officially left his post.

Airbnb closes its business in China

Online home rental service Airbnb is closing its business in China because of low incomes and a lot of competition

MSDIS Holding, which owed a large sum to state, won 16 tenders in 5 months

Azerbaijan-based MSDIS Holding has a huge tax debt to the state.

A Russian citizen establishes a company with large capital in Baku

The State Tax Service registered Zumrud Capital LLC on 15 March 2022.

ATB chairman: Azerbaijan has very high interest rates on business loans

Baku hosts Azerbaijan-Lithuania Business Forum

The Azerbaijani-Lithuanian Business Forum has been held in Baku today.

McDonald's leaves Russia and sells its business

McDonald's plans to leave Russia.

Reebok sells its business in Russia

Reebok has sold its business in Russia.

Elon Musk suspends a deal with Twitter because of bots

Elon Musk has announced the suspension of the contract for the purchase of Twitter for $44 bn.

Number of inspections in field of entrepreneurship to increase

The number of inspections allowed to be carried out in the field of entrepreneurship is going to increase.

Introduction of a new business support mechanism starts

The Entrepreneurship Development Fund has launched the introduction of a new business support mechanism.

Baku to host presentation of about 200 companies

An introductory exhibition of Azerbaijani companies Partners & Business Baku 2022 will be held in Baku on 16-18 June.

Coffee producer Paulig has sold its business in Russia

Finnish Paulig Group has sold its Russian business.

One more company with equity capital of 1,000 manats created

On April 26, 2022, the State Tax Service under the Ministry of Economy registered PASHAINVEST I LLC.

Staff reductions begin at Borjomi

Georgian company IDS Borjomi has reported about the beginning of massive layoffs.