twitter
youtube
instagram
facebook
telegram
apple store
play market
night_theme
ru
arm
search
WHAT ARE YOU LOOKING FOR ?






Any use of materials is allowed only if there is a hyperlink to Caliber.az
Caliber.az © 2025. .

Global leaders gather in Sharm el-Sheikh for Middle East Peace Summit

ECONOMICS
A+
A-

Türkiye’s defence giant establishes its subsidiary in Azerbaijan

13 October 2025 13:27

A Turkish defence industry company has established a subsidiary in Azerbaijan, with the State Tax Service registering “Makine ve Kimya Azerbaijan” LLC.

The company’s legal address is 103 Zarifa Aliyeva Street, Sabail District, Baku, Caliber.Az reports via the Service. 

Its authorised capital amounts to 1 million manats (around $588,000), and its legal representative is Turkish citizen Ilhami Keles, who also serves as Deputy Chairman of the Board of the leading Turkish defence industry company Makine ve Kimya Endüstrisi A.Ş.

As part of the broader economic cooperation between the two countries, Turkish Ambassador to Azerbaijan Birol Akgün noted during the 6th General Assembly of the “Turkish-Azerbaijani Businessmen and Industrialists” (TÜİB) Public Union held in Baku in May 2025 that more than 5,000 companies with Turkish capital are currently operating in Azerbaijan.

He also highlighted that bilateral trade turnover and mutual investments have been steadily increasing each year, underscoring the growing economic partnership between Türkiye and Azerbaijan.

By Khagan Isayev

Caliber.Az
Views: 189

share-lineLiked the story? Share it on social media!
print
copy link
Ссылка скопирована
ads
youtube
Follow us on Youtube
Follow us on Youtube
ECONOMICS
The most important news of economy in Azerbaijan
loading