AzerGold posts 10% decline in export revenues

In January-May this year, AzerGold CJSC exported products worth $ 34.3 million, Report informs, citing the "Export Review" of the Center for Analysis of Economic Reforms and Communication.

According to the document, this is $3.8 million or 10% less than in January-May 2021.

AzerGold was established in 2016 by order of President Ilham Aliyev dated February 11, 2015. Its authorized capital is 62 million manats. The main activity of the company is the development of the non-oil sector in Azerbaijan and its main purpose is the study, research, exploration, management, production, processing and sale of precious and non-ferrous metal ore deposits, application of new technologies in this field, modernization of material and technical base.

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