AzerGold Supervisory Board reviews operations and future plans

The Supervisory Board of AzerGold CJSC has held a meeting chaired by Matin Eynullayev, Chairman of the Supervisory Board.

The meeting addressed key issues related to AzerGold CJSC's operations, including strategic development, budget planning, financial management, investment strategies, production optimization, gold sales in both domestic and foreign markets, and risk management within financial markets. The meeting also discussed strategies for developing the jewelry market.

Addressing the meeting, Chairman Eynullayev emphasized the successful ongoing cooperation between Azerbaijan Investment Holding (AIH) and AzerGold CJSC. He noted that this collaboration aligns with the President of the Republic of Azerbaijan's initiative to modernize the country's economy through structural reforms. 

Eynullayev highlighted that AIH's efforts to enhance AzerGold CJSC's operational efficiency by implementing best practices, modern management principles, and contemporary corporate governance standards have contributed to positive developments within the company this year.

Eynullayev stated that the company's initial economic and financial indicators for 2022 and the progress made on strategically important projects demonstrate positive momentum towards achieving long-term goals.

The meeting reviewed the company's accomplishments and measures implemented during the year to fulfill the requirements outlined in relevant Presidential Decrees and Orders. The Board subsequently made decisions on all agenda items.