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Number of Enterprises Rise in Azerbaijan

Business Materials 13 January 2007 11:58 (UTC +04:00)

5,123 new enterprises were registered in Azerbaijan in 2006, Trend reports referring to a message spread by the State Statistics Committee. 1,746 enterprises out of the total number were established for wholesale and retail, auto repair, home appliances and private belongings repair, 722 вЂ" for construction activities, 531 вЂ" for operations connected with immovable property, lease, and consumer services, 486 вЂ" for activities in agriculture, forestry, and hunting, 509 вЂ" for rendering different public utilities, social and consumer services, 407- in the reprocessing industry, 258 вЂ" in the transport, telecommunication, and storehouse activities.

179 enterprises out of the total 5,123 enterprises registered fell at the state sector, 4,530 at the private, with 205 ones out of them as foreign investments, 83 вЂ" joint-stock enterprises, and 27 вЂ" municipal ones.

59,3% out of the enterprises established are based in Baku, 7,1% - in Nakhchivan Autonomous Republic, 4,9% - in Ganja-Gazakh region, 4,7% - in the Absheron Peninsula, 3,9% - in Lankaran, the rest вЂ" in the other regions of the country..

In addition, according to the data of the Azerbaijan Taxes Ministry, 51,512 physical persons were registered in the country.

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