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Day: July 25, 2022
Philips’ performance impacted by headwinds; order book strength and improving component supplies expected to deliver growth and profitability improvement from second half of 2022 onwards
July 25, 2022 Highlights Group sales amounted to EUR 4.2 billion, with a 7% comparable sales decline mainly caused by continued supply shortages and prolonged lockdowns in China, on the back of 9% comparable sales growth in Q2 2021 Order book remains strong; comparable order intake increased 1% and includes a 5 percentage-points negative impact […]
Ilham Aliyev received Araz Ahmadov on his appointment as head of Masalli District Executive Authority, Akbar Abbasov on his appointment as head of Lerik District Executive Authority and Elvin Pashayev on his appointment as head of Goygol District Executive Authority
President of the Republic of Azerbaijan Ilham Aliyev has received Araz Ahmadov on his appointment as head of Masalli District Executive Authority, Akbar Abbasov on his appointment as head of Lerik District Executive Authority and Elvin Pashayev on his …
Revenues of the Oil Fund from the Azeri-Chirag-Guneshli (ACG) increased by 2 times with a decrease in production volumes by 1 million tons
According to the results of January-June 2022, the revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) from the Azeri-Chirag-Guneshli oil project amounted to $4 billion 871 million, SOFAZ said in a statement.According to the results of…
Another multimillion-dollar contract for development of iron ore deposits has been signed
“Dask?s?n D?mir Filizi LLC” has signed an agreement with “Azdagm?d?nistismar LLC” for geological exploration, topographic planning, hydrogeological and geotechnical monitoring studies.The contract was signed for a period of 13 months and ends on August…