The Ukrainian Metal

Azerbaijan: AzerGold reveals annual sales

AzerGold CJSC’s revenue from domestic and international sales in 2025 amounted to 431 million manats.

Zakir Ibrahimov, Chairman of the Board of the company, announced this at the presentation “Rare Pearls – the Harmony of Silk and Silver.”

He added that the company had attracted 1.9 billion manats to the country’s economy over its entire history.

“AzerGold is not only the mining and export of gold and silver, but also the successful delivery of finished products to the end consumer,” he said.

Ibrahimov noted that one of the key goals in producing coins and bars was to promote the “Made in Azerbaijan” brand: “We strive to provide the local market with products that reflect national values. To date, we have mass-produced 13 gold and 9 silver collections, which, in addition to their material value, also carry symbolic meaning.”

He added that domestic retail sales of precious metal products amounted to 38.6 million manats this year, and approximately 92 million manats since 2019.

The company’s CEO also noted that AzerGold would be using the innovative smart-minting production technology: “This technology was used for the first time in Asia to issue a gold coin for the 100th anniversary of national leader Heydar Aliyev.” (Report)

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