Baku 21° C
Azerbaijan to invest in basalt production
Business
- 23 September, 2025
- 12:10
Add Report.az to preferred Google sources
Stay up to date with the top news!
The Azerbaijan Business Development Fund (ABIF), operating under the Ministry of Economy, and Basalt Group LLC have signed a contract on joint participation in the charter capital of Azerbasalt Scientific-Production Union LLC.
According to Report, the signing took place within the framework of the 1st Azerbaijan International Investment Forum (AIIF-2025) held in Baku.
The document was signed by Yasin Jalilov, Director-General of ABIF, and a representative of Basalt Group LLC.
This contract is expected to contribute to the development of domestic industrial production.
Author
Photo
Photo
Latest News
02:29
Photo
Video
Sites of Memory of Western Azerbaijan: How was Amasia, once home to Azerbaijanis, Armenianized?
Domestic policy
00:01
Six years pass since another deadly missile attack on Ganja by Armenia
Domestic policy
00:00
Today marks sixth anniversary of Fuzuli's liberation from occupation
Domestic policy
23:41
Photo
Events calling on Armenia to address mine problem held in six European countries
Foreign policy
23:13
AI agents hack systems of several companies in India
ICT
22:53
Azerbaijani weightlifter Gasim Ismayilov claims three medals at European U-23 Championships in Albania
Individual sports
22:29
NYT: White House press secretary fired after five days on the job
Other countries
22:22
European Commission to propose additional funding for Ukraine in 2027
Other countries
22:12
Trump denies involvement in Starlink slowdown in Ukraine
Other countries