Ismailly is a town and capital of the Ismailly district of Azerbaijan. The territory of the district was part of the Albanian state, which was formed in the late 4th century and early 3rd century BC, long before it was erected. Historical facts prove that Mehranis, who belonged to Javanshir, had created Girdiman's prince in Ismailly territory. Javanshir was of this generation. There is a fortress called Javanshir on the coast of Akchay, 4 km north of the village of Talantan. Ismailly district, located in the northeastern part of Azerbaijan, was founded in 1931. At first, the administrative center of the district was in the Basgal village and was soon transferred to Ismailly village. Until the district was organized, a large part of its territory was part of the Goychay accident, part of Shamakhi accident, and a small part of Sheki's accident. Ismailly was the village until 1959, until 1967; it was a city-type settlement, and then it was renamed the city. Ismailly region was established on November 24, 1931. From 1939 to 1977 the executive committee of the Soviet Union of deputies of the Ismailly district, acting as the Executive Committee of the Council of People's Deputies of Ismailly region from October 7, 1977 till October 17, 1991 . In accordance with the Decree of the President of the Republic of Azerbaijan dated October 18, 1991, the Soviet of People's Deputies of Ismailly was abolished, and Ismailly Executive Authority was established and functioned since November 1991.
There are of enterprises such as light and food industries, asphalt plant in Ismailly. There has been found and obtained granite in the mountains near to Ismailly. The rayon has a strong agriculture. A kolkhoz named after Kalinin and located in Ivanovka village is famous for its achievements and has a broad fame beyond the borders of Azerbaijan.
A poultry factory was constructed in 1978. Its territory is 9.7 ha. In 1986, its activity was stopped. Since 2004, it is functioning as a private sector enterprise that produces hen sausage. At present there are 60 thousand birds. Working personnel consists of 75 people. It is planned to expand the total number of birds up to 150-200 thousand and the working personnel up to 150 people.
Brake factory “Ragub FK” was constructed in 1989. Its territory is 2 ha. In 1993, the factory’s activity was stopped, but since 2004 the factory is functioning as a private enterprise. Productive power of the factory is equal to 6 million units of the product per year. Working personnel consists of 90 employees.
Lahij is also a notable place in Azerbaijan, with its authentic handicrafts traditions, particularly related to copper. The village's carpet and rug crafts are also well known in Azerbaijan and the South Caucasus. Production enterprise of Lahij is a state enterprise being at “Azerkhalcha” productive union’s disposal. It is functioning since 1966. Its territory is 3300 km² and 103 employees work there. The enterprise produces 450–500 km² of carpet per year.
Lahij enterprise which produces carpets is a state enterprise being at “Azerkhalcha” productive union’s disposal. It began its activity in 1984. In 2001, the enterprise’s activity was stopped, but in 2004 its activity was re-established. 72 employees work at the enterprise, which produces 300–350 thousand km² of carpet per annum. Its territory is 1 ha.
The development of international tourism, together with more knowledge about the people and cultures, has resulted in a gradual interest in the cultural diversity of the Region. Lahij/Ismailly, in recent years, has attracted the attention of many tourists visiting from countries worldwide and as a result Lahij/Ismailly is now included in the travel tours of several leading tourism agencies.
“Sharab No. 1” was built in 1930. Till 1966 it was functioned as a wine factory using 10 thousand tones of grape per annum. Since 2003, the factory is functioning as a private enterprise and produces wine and cognac.
Besides that there is a workshop producing kalaghai (national headscarf) in Basgal, pharmaceutical LLC “Shafa-T”, four milk enterprises, a workshop producing table water, some private carpet weaving workshops and also some little and middle enterprises in Ismailly.
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