Geological surveys carried out by the Closed Joint Stock Company (CJSC) AzerGold for the exploration of new deposits and expansion of production areas are giving positive results. For an effective assessment of reserves at the fields, AzerGold CJSC conducts intensive exploration work and drills deep wells in these fields. Since 2017, AzerGold CJSC has been mining Chovdar, Agyokhush, Tulallar, Marakh, Filizchay etc others and Jayirchay gold, as well as it carries out various works on fine metal deposits. The latest financial indicators of AzerGold CJSC give reason to say that it is a stable company. It is expected that AzerGold CJSC will react faster to the growth rates in the world markets due to the work carried out at new gold deposits and efficient use of resources. The net profit of a Closed Joint Stock Company has been growing at a higher rate over the years. AzerGold CJSC produces ingots and coins from Azerbaijani gold and silver in various historical designs. Bars and coins are currently sold in stores owned by Italdizain Group, Levata Group and SI Luxury World, which have a long history of selling premium goods. AzerGold CJSC will soon become better known in the local and international markets as a gold producer of the country. AzerGold CJSC issues bonds, increases the company's technological capabilities for gold production and strengthens production in order to bring more gold to the world market. Recent financial indicators of AzerGold CJSC give grounds to say that it is a stable company. The company's revenue, net profit and total capital of the company in 2019 increased several times compared to 2018. Keywords: AzerGold CJSC, geological exploration works, drilling works, production works, efficiency.
The article reflects the need for risk management at oil engineering enterprises. Here the category of risk is considered as "probability of loss, threat". The main risks affecting oil engineering enterprises, arising from both external and internal risk factors, are systematized. To analyze and assess industry risks, the factors for assessing the activities of enterprises are reflected in detail. The article also discusses the causes of structural risks. For a more refined analysis, their main indicators are described. A model is also presented that allows you to determine the areas of influence more accurately on the efficiency of the enterprise. In conclusion, a conclusion is made about integrated risk management, which will precisely allow us to resist negative impacts, ensuring the sustainability of this sub-sector. Keywords: oil engineering enterprises, innovative development, risks, capital, non-oil industry enterprises, financial indicators.
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