A presentation and tasting of Georgian wine was held in Geneva (Swiss Confederation) with the support of the National Wine Agency of Georgia, as part of efforts to diversify export markets.

SOCAR has officially completed the acquisition of 99.82% of the shares of Italiana Petroli (IP) from API Holding, following the receipt of all required regulatory approvals. The transaction represents a major milestone in SOCAR’s long-term strategy to expand its integrated energy value chain and strengthen its position in the European market.