Azerbaijan is a country in the South Caucasus region. The country has an economy that has completed its post-Soviet transition into a major oil based economy (with the completion of the Baku-Tbilisi-Ceyhan Pipeline), from one where the state played the major role. The government has largely completed privatization of agricultural lands and small and medium-sized enterprises. In August 2000, the government launched a second-stage privatization program, in which many large state enterprises will be privatized. Since 2001, the economic activity in the country is regulated by the Ministry of Economic Development of Azerbaijan Republic.
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
| Name | Industry | Sector | Headquarters | Founded | Notes |
|---|---|---|---|---|---|
| Azerbaijan Railways | Industrials | Railroads | Baku | 1878 | National railways |
| Medeniyyet TV | Consumer services | Broadcasting & entertainment | Baku | 2011 | Culture television |
| AccessBank Azerbaijan | Financials | Banks | Baku | 2002 | Micro-finance bank |
| AF Holding | Conglomerates | – | Baku | 1991 | Construction, production, property, retail, tourism |
| AF Hotel | Consumer services | Hotels | Baku | 1991 | Hotel chain, part of AF Holding |
| Azersu Open Joint Stock Company | Utilities | Water | Baku | 2004 | Water and sanitation service |
| Akkord Industry Construction Investment Corporation | Industrials | Heavy construction | Baku | 2005 | Construction |
| ANS Group of Companies | Consumer services | Broadcasting & entertainment | Baku | 1990 | News and broadcasting |
| AtaBank | Financials | Banks | Baku | 1993 | Commercial bank |
| Azerigasbank | Financials | Banks | Baku | 1992 | Commercial bank |
| Azərpoçt | Industrials | Delivery services | Baku | 1999 | Postal services |
| Azad Azerbaijan TV | Consumer services | Broadcasting & entertainment | Baku | 2000 | Television |
| Azal Avia Cargo | Industrials | Delivery services | Baku | 1996 | Cargo airline |
| Azerbaijan Airlines (AzAL) | Consumer services | Airlines | Baku | 1992 | National airline |
| Azerbaijan International Mineral Resources Operating Company | Basic materials | Gold mining | Baku | 2007[1] | Gold production |
| Azerbaijan Press Agency | Consumer services | Publishing | Baku | 2004 | News agency |
| Azerbaijanfilm | Consumer services | Broadcasting & entertainment | Baku | 1920 | Movie production |
| Azercell | Telecommunications | Mobile telecommunications | Baku | 1996 | |
| Azerenerji | Utilities | Conventional electricity | Baku | 1996 | Power distribution |
| AzeriCard | Financials | Specialty finance | Baku | 1997 | Financial services |
| Azersun Holding | Consumer Goods | Food products | Baku | 1991 | Food manufacturing |
| AzMeCo | Oil & gas | Exploration & production | Baku | 2007 | Methanol production |
| Azpetrol | Oil & gas | Integrated oil & gas | Baku | 1997 | Oil and gas stations |
| AzQTel | Telecommunications | Fixed line telecommunications | Baku | 2005 | |
| AzSamand | Consumer goods | Automobiles | Shamakhi | 2005 | Automotive |
| Aztrank | Telecommunications | Mobile telecommunications | Baku | 1996 | |
| AzTV | Consumer services | Broadcasting & entertainment | Baku | 1956 | State-owned broadcaster |
| Bahra Biscuit Factory | Consumer goods | Food products | Baku | 2006 | Food industry |
| Bakcell | Telecommunications | Mobile telecommunications | Baku | 1994 | |
| Baku Cargo Terminal | Industrials | Transportation services | Baku | 2005 | Cargo terminal |
| Bank Respublika | Financials | Banks | Baku | 1992 | Commercial bank |
| Caspian Drilling Company | Oil & gas | Exploration & production | Baku | 1996 | Petroleum |
| Caspian Telecom | Telecommunications | Fixed line telecommunications | Baku | 1997 | |
| Central Bank of Azerbaijan | Financials | Banks | Baku | 1992 | |
| DekaBank | Financials | Banks | Baku | 1989 | Commercial bank |
| Ganja Auto Plant | Consumer goods | Automobiles | Ganja | 1986 | Automotive |
| Gazelli Group | Consumer goods | Personal products | Baku | 1999 | Cosmetics |
| İctimai Television | Consumer services | Broadcasting & entertainment | Baku | 2005 | Public television |
| Idman Azerbaijan TV | Consumer services | Broadcasting & entertainment | Baku | 2009 | State-owned sports broadcaster |
| Inter Glass | Consumer goods | Durable household products | Baku | 2008 | Glass products |
| International Bank of Azerbaijan | Financials | Banks | Baku | 1992 | |
| International Insurance Company | Financials | Full line insurance | Baku | 2002 | |
| Kapital Bank | Financials | Banks | Baku | 1874 | |
| Lankaran International Airport | Industrials | Transportation services | Lankaran | 2008 | |
| Lider TV | Consumer services | Broadcasting & entertainment | Baku | 2000 | Television |
| MDI Azerbaijan | Industrials | Defense | Baku | 2005 | Arms production |
| Nakhchivan Automobile Plant | Consumer goods | Automobiles | Nakhchivan | 2006 | Automotive |
| Nakhtel | Telecommunications | Mobile telecommunications | Nakhchivan | 2014 | |
| Nar Mobile | Telecommunications | Mobile telecommunications | Baku | 2005 | |
| Park Bulvar | Consumer services | Broadline retailers | Baku | 2010 | Shopping mall |
| PASHA Holding | Conglomerates | – | Baku | 2006 | Banking, construction, development, insurance, property, tourism |
| Region TV | Consumer services | Broadcasting & entertainment | Baku | 2014 | Regional television |
| Shollar water | Consumer goods | Beverages | Baku | 1899 | Beverage |
| Silk Way Airlines | Industrials | Delivery services | Baku | 2001 | Cargo airline |
| SOCAR | Oil & gas | Exploration & production | Baku | 1992 | State-owned oil and gas |
| Space TV | Consumer services | Broadcasting & entertainment | Baku | 1997 | Public television |
| SW Business Aviation | Consumer services | Airlines | Baku | 2007 | Airline |
| Synergy Group OJSC | Financials | Investment services | Baku | 2010 | Investment company |
| Topaz | Consumer services | Gambling | Baku | 2011 | Bookmaker |
| Unibank | Financials | Banks | Baku | 2002 | Private bank |
| Vinagro | Consumer goods | Distillers & vintners | Baku | 2006 | Beverage |
| Xan | Consumer goods | Distillers & vintners | Goygol | 2006 | Beverage |
Group of Companies
AF Holding
Accord STIK
APA Holding
Ata Holding
ATEF Group
Aral Group
Azersun Holding
Azinko Holding
Axa Mbask Holding
Cahan Holding
Delta Group CO., LTD
DIA Holding
Evsen Group
Garant Holding
Gamigaya Holding
Gilan Holding
Gulf Group
Hasan Holding
Improtex Group
ISR Holding
Italdizain Group
Karat Holding
Mega Holding
Messenat Holding
Modern Group
Nurgun Group
Palmali Group
Pasha Holding
Synergy Group
Oil & Gas sector
Azerbaijan International Operating Company
SOCAR
Azpetrol
BP
Petrol Ofisi
Petro-Canada
Amoco
LUKoil
Statoil
Total
Unocal (USA)
Pennzoil (US)
McDermott International (USA)
Turkish Petroleum Corporation
Exxon Mobil (US)
Itochu, Japan
Petkim
Delta
Remko
CBG Services
Non-oil sector
Sumgait Technologies Park LLC
Azerbaijan Steel Production Complex
Baku Steel Company
Baku Shipbuilding Plant
Norm MMC
AzerTexnoline
Det-Al Aluminum
Nakhchivan Automobile Plant
Ganja Automobile Plant
AzSamand
Baku Textile Factory
Baku Sewing House
Capsella MMC
MKT İstehsalat Ticaret Ltd.Şti
Muradli-MM MMC
FAB Paint
Mathews A
Ganja Textile Factory
Imperial Tobacco Azerbaijan
European Tobacco Baku
ABDU MMC
BYGEA ASC
Caspian Fish
Bahra Biscuit Factory
Star chocolate factory
Pal milk
Cute Dad
Atena Dairy Factory
Orelay Chocolate Factory
Narcotics LLC
M & T-MMC
Milk-Pro MMC
AzProtein Foods Group LLC
AzBanvit
Elba
Vinagro MMC
Nakhchivan Brick Plant
Garadagh Cement Plant
ASELSAN BAKU
Baku Cinar Refrigerators
Baku Air Conditioning Plant
Aznar
Shollar
Jale
Vita 1000 (AZGRANATA brand)
Roshen
Inforex
Azer-ilma
Azerbaijan Amelioration and Water Management OJSC
Azercosmos
AzerGold CJSC
Azeristiliktechizifikat
Azerenergy
Azericig OSC
Azersu
Tourism
Bulvar Hotel
Fairmont Baku
Four Seasons Hotel Baku
Full Moon Hotel
Hilton Baku
Jumeirah Bilgah Beach Hotel
JW Marriott Absheron
Kempinski Hotel-Badamdar
Inturist hotel
Ayan Palace
Shahdag Winter-Summer Tourism Complex
Shahdag Tourism Center
Caspian Tourism Center
Flood Mountain-Skiing Complex
Caucasian Caravanserais
Qafqaz Sport Hotel
Qafqaz Yengica Thermal Hotel and SPA
Galaalti Hotel & SPA
Rixos Quba Azerbaijan
Shamakhi Palace Platinum By Rixos
Building
AS Group Investment
Evrascon
ANT Group
Azfen BM
Avesta Concern
AzVirt
AZ-Construction
Alibayli company
Sharur MTK
Creacon construction company
Steel Aluminum
Alpina MMC
Karachay MMC
CBG Services
Trade
Nazim 1001
Nurgun Trading
Suyum MMC
Luxorytime watch company (Bliss stores network)
Contact Home
Brain Construction
SERVICE AREA (Cartridge Refilling Services-Sales)
Veyseloglu
DNS Computers
Capsella MMC
Novka
Morning group
Sintex (30 + boutique)
Catering
McDonald’s in Azerbaijan
KFC Azerbaijan
Mado Azerbaijan
Caspian Crystal
Fresh Catering
Chudo Pechka
Vinni
ID Catering
SKY Catering
Finezza Catering
Real Cleaning Company
Transportation
AzAL (national air carrier)
Azerbaijan Caspian Sea Shipping Company (national sea carrier)
Imam Airlines
Turan Air
Caspian Marine Services Limited
Topaz Marine
Silk Way Airlines
SW Business Aviation
Azal Avia Cargo
Bakubus
Caravan Logistics
Translation
Shams Translation Services Center
Retailing Companies
Araz Supermarket
MZAM Childhood
Convenient Market
Bazarstore
Megastore market
Grandmart
Macromart
Fresco
Neptune Market
Our Market
Lider AS Market
Home Market
Favorit Market
Number1 supermarket
5+ Super market
Gross market
SERVICE AREA (Cartridge Refilling Services-Sales)
Life Market
Maxim’s Market
Telecommunications
Azercell Telecom
Bakcell
Azerfon – Nar Mobile
Aztelekom
Azeurotel
Smart Online
Uninet
Stream
Citynet
Azeronline
AzStarNet
Bakinternet
Information Communication Technologies
Caspian Telecom
CASPEL
Family TV
ABV
SINAM
AzQTel
Smart System Technology
Faxri Service
Cybernet MMC
DATE TECH
AZEL
BestComp
Digital Source
Risk
AZKIT
SERVICE AREA (Cartridge Refilling Services-Sales)
ULTR
Source from Wikipedia