Nine large business entities created in Karabakh and East Zangazur last year

Nine new large business entities were created in the liberated territories of Azerbaijan in 2024.

Report informs, citing the State Statistics Committee, that in 2023, no new large business entities were created in these territories.

As of the end of last year, out of 212,705 commercial organizations operating in the country, 0.4% or 868 were large business entities, which is 89 units or 11.4% more than at the end of 2023.

During the same period, 76.5% of large business entities (664) operated in Baku (7.8% more than in the previous year).

There were 11 large business entities (83.3% more than a year earlier) in the Karabakh economic region, 5 (5 times more) in the East Zangazur economic region.