• $
  • £

Azerbaijan already received $1m due to provision of cars for cargo in transit

Azerbaijan already received $1m due to provision of cars for cargo in transit
08.09.2016 13:30
"Azerbaijani Railways” (ADY) CJSC has started to benefit from the provision of its own cars for transit of cargo.

Javid Gurbanov, Chairman of CJSC, stated that currently the ADY has 6,000-7,000 cars able to transfer 25 million of cargo a year, Fineko/abc.az reports.

"Previously, we paid $7 million a year to other countries because of lack of cars, but now we receive $1 million a year on these operations,” Gurbanov said.

It should be noted that the calculations for cars exchange are held in Swiss franks, and the benefits of the ADY may be even higher.

www.ann.az
Similar news
Similar news
Oil prices plunge after Iran says Hormuz Strait open to shipping
Business 17:26
Oil prices plunge after Iran says Hormuz Strait open to shipping
Shahbazov says energy security remains a key element of global stability
Business 16:00
Shahbazov says energy security remains a key element of global stability
Armenia says 26,295 tonnes of cargo transited via Azerbaijan since November
Business 15:30
Armenia says 26,295 tonnes of cargo transited via Azerbaijan since November
Turkey pushes energy routes bypassing Hormuz amid Gulf tensions
Business 12:00
Turkey pushes energy routes bypassing Hormuz amid Gulf tensions
Time names Trump, Pope Leo XIV among the most influential people of 2026
Business 10:00
Time names Trump, Pope Leo XIV among the most influential people of 2026
Bitcoin price declines
Business 09:56
Bitcoin price declines
Gold and silver prices rise
Business 09:53
Gold and silver prices rise
Fruits, vegetables drive food inflation in Azerbaijan — lawmaker
Business 17:30
Fruits, vegetables drive food inflation in Azerbaijan — lawmaker
Rose imports from Netherlands recorded as Armenia in trade data — customs
Business 16:29
Rose imports from Netherlands recorded as Armenia in trade data — customs
Anews TV

Our official Youtube channel

Subscribe