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NEQSOL Holding is an international group of companies with main business areas covering energy, telecommunications, hi-tech, and construction industries. The group of companies operates in the UK, the USA, Türkiye, Azerbaijan, Ukraine, the Netherlands, Georgia, Kazakhstan, the UAE, and others, prov...

The group made the first inroads into the market through businesses established in the oil and gas industry in the early 1990s. The capital accumulated through these business activities then was reinvested in further development, which led to rapid growth and expansion to the future group of compan...

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NEQSOL Holding is a diversified international holding with a professional team of more than 12,000 people. At NEQSOL Holding, human capital is considered the most important asset. As a reputable and reliable company and good corporate citizen, we conduct our business based on the highest corporate,...

NEQSOL Holding is an international group of companies with main business areas covering energy, telecommunications, hi-tech, and construction industries. The group of companies operates in the UK, the USA, Türkiye, Azerbaijan, Ukraine, the Netherlands, Georgia, Kazakhstan, the UAE, and others, prov...

Corporate governance has increasingly become one of the critical factors in reinforcing the achievement of corporate goals for many corporations. This could be linked to a growing recognition that the primary goal of the corporations should be creating long-term real value for customers and wealth ...

In the dynamic realm of business, NEQSOL Holding recognizes that true success requires more than just ambition, it mandates a forward-thinking approach to anticipate and counter potential risks that might hinder growth and impact operations. Introduction Risk management has gained significant impo...

The Internal Audit function provides the holding with risk-based and objective assurance, advice, and insight based on the highest level of independence. The function applies the International Internal Audit Standards and the principles of the Code of Ethics in fulfilling its responsibilities. The...

Stakeholders are entitled to regularly receive information about the overall operational and financial performance and state of affairs of the group companies as well as economic, environmental and social impacts on sustainability issues caused by their operations. NEQSOL Holding is committed to th...

The group made the first inroads into the market through businesses established in the oil and gas industry in the early 1990s. The capital accumulated through these business activities then was reinvested in further development, which led to rapid growth and expansion to the future group of compan...

Our telecom group is a unique combination of companies providing complete turnkey telecom solutions for both consumer and business markets. Our main activities are the provision of mobile telecommunications, fixed-line and broadband services. We ultimately deliver cutting-edge communication produc...

In the last decade, the holding stepped into the construction services and materials markets to create the best construction group with the leading positions in the region, setting high quality and safety standards and serving as the benchmark in the industry. In addition to various construction-re...

We invest in high-tech projects realizing that technology developments advance with accelerating speed. Today, technology is going through an all-new era of advancements featuring mainly artificial intelligence and machine learning. As a strong market player, we want to catch up on the latest techn...

As a strategic and/or financial investor, we are ready to accept for reviewing various investment proposals from potential partners and requesters. We will be pleased to review such proposals and if we consider the investment to have the potential, we will invite the applicants for further discussi...

Meric Tunc has over 26 years of extensive experience in various senior Human Resources and Business Support roles. Mr. Tunc is the Chief Human Capital Officer of NEQSOL Holding since 2018 and responsible for setting People Strategy, driving Organizational Change, cultivating Leadership Culture...

Yusif Jabbarov has over 20 years of successful track record in various industries, including leadership and executive management roles in energy, telecommunications, and financial institutions. Mr. Jabbarov is the Chairman of NEQSOL Holding. He had also served as the Head of the Shareholder’s Offic...

Imran Ahmadzada has extensive experience in oil, telecommunications, financial and industrial institutions. Mr. Ahmadzada is the Group Chief Financial Officer of NEQSOL Holding and in charge of all asset, portfolio and investment management of the holding. He is also the Head of NEQSOL Holding...

Israil Asaliyev has about 20 years of experience in various senior roles in different business sectors. He is an experienced professional in business development, strategic development, crisis management, financial sustainability, sales, and other related fields. Mr. Asaliyev holds the positio...

Bakcell is the first company to provide mobile communications services in Azerbaijan. Bakcell network covers 99% of the population, thanks to well over 9000 base stations. Being the leader in innovation and one of the largest investors in the non-oil sector of the economy of Azerbaijan, Bakcell pr...

AzerTelecom is the Internet backbone provider connecting Azerbaijan to the global internet network. Established in 2008, AzerTelecom is a subsidiary of Bakcell, the country’s first mobile operator and the fastest mobile internet provider. AzerTelecom provides Azerbaijan with high-speed internet an...

Nobel Energy is a group of companies that provides integrated services to the energy industry in the Caspian region and beyond. Nobel Energy group offers best-in-class solutions and delivers outstanding performance in various fields of the energy industry both in the domestic market and abroad. No...

Nobel Upstream is an independent exploration and production company engaged in energy projects. Nobel Upstream is the trade name of the group of companies controlled by Nobel Oil E&P (UK) Ltd. The group is registered in the UK and has its headquarters in London, with technical and commercial te...

The Norm cement plant is the largest cement plant in the South Caucasus, with a production capacity of 5,300 tons clinker per day and 2.1 million tons of cement per year. The plant covers 80 hectares of land and is located in the Garadakh district of Baku, Azerbaijan. It has rich deposits of i...

NEQSOL Holding has adopted expansion and growth strategy, hence is very actively involved in investing activities. Our main investing activities cover the following main categories: Merger and Acquisitions (M&A), New investments / Greenfield investments, Private equity investments, Financ...

Pursuing the best compliance and ethics practices in relationships with stakeholders is among NEQSOL Holding’s top priorities in doing business. We base our business practice on the principles of sustainable development and corporate social responsibility. With this in view, NEQSOL Holding implemen...

Vasyl Latsanych has over 20 years of extensive international experience in the telecommunications industry. Mr. Latsanych is the Chairman of the Board of Directors of Bakcell and Vodafone Ukraine – telecommunications companies within NEQSOL Holding. He is also the Head of Telecom at NEQSOL Ho...

Adnan Nuri Ozkaya has over 30 years of international work experience in various senior roles. Mr. Ozkaya is the Chairman of the Board of Directors of Norm, which operates the largest cement plant in the South Caucasus. Prior to this, he had also acted as a business consultant and board member for N...

Vugar Samadli boasts over 20 years of experience in the energy industry, having worked for globally renowned companies. Mr. Samadli is the Head of Energy at NEQSOL Holding and Chief Executive Officer of Nobel Energy (formerly Nobel Oil Services), the energy group within the Holding. Vugar Samadli ...

Yusif Jabbarov has over 20 years of successful track record in various industries, including leadership and executive management roles in energy, telecommunications, and financial institutions. Mr. Jabbarov is the Chairman of NEQSOL Holding. He had also served as the Head of the Shareholder’s Offic...

Ana Nakashidze has over 20 years of extensive experience in the telecommunications industry, both in the public and private sectors. Ms. Nakashidze is the Chief Executive Officer of AzerTelecom. She has joined AzerTelecom in 2018 as the Deputy CEO and was in charge of the operations from 2018 to Ma...

NEQSOL Academy applies Gamification which is a new trend in eLearning industry, and is considered one of the best practices for such services. In February 2021, NEQSOL Holding launched first multifunctional and multilingual digital learning and interaction platform in the region - NEQSOL Acade...

Gustaf Nobel has worked in more than 15 countries worldwide, having held several senior management positions and working as a management consultant. Mr. Nobel is the Member of the Board of Directors of Nobel Energy (formerly Nobel Oil Services). Prior to this appointment in 2014, he served as a mem...

In response to media inquiries, NEQSOL Holding states that the holding supports the evacuation of Azerbaijani citizens due to the situation in Ukraine. The evacuation works are carried out under the auspices of the Ministry of Foreign Affairs of the Republic of Azerbaijan in close cooperation with t...

NEQSOL Holding has launched NEQSOL Academy, a new multifunctional digital learning and interaction platform aimed at the personal and professional growth of the employees of the companies within the holding. NEQSOL Academy is created to support the development of the employees of the holding’s comp...

Larry Bates has extensive international experience in the oil and gas industry. Mr. Bates is the Chief Executive Officer and the Chairman of the Board of Directors of Nobel Upstream, the UK-based oil group. Prior to his appointment at Nobel Upstream, Mr. Bates served as Vice President and Adv...

Matthew Bryza has over 30 years of extensive experience in various roles. Mr. Bryza serves as a non-executive director of Nobel Oil E&P (UK) Ltd, the holding company of the Nobel Upstream group of companies. He is a Senior Fellow at the Atlantic Council and Board Member of the Jamestown Founda...

Francis Sommer serves as a non-executive director of Nobel Oil E&P (UK) Ltd, the holding company of the Nobel Upstream group of companies. Mr. Sommer has broad experience in the global oil and gas industry where he has been a leader in field development technology and operations over the course...

Richard Shearer is a senior executive with extensive international experience in the telecommunication industry. His experience focused on the provision of spanning wireless, broadband and fixed telephony services in some of the world’s most competitive markets together with technology and service i...

NEQSOL Holding, an international group of companies, has signed a landmark agreement with Swiss GRC to digitalize its comprehensive Governance, Risk, and Compliance (GRC) business functions. This partnership follows a highly competitive and extensive evaluation, where Swiss GRC's offerings and plat...

Adnan Nuri Ozkaya has over 30 years of international work experience in various senior roles. Mr. Ozkaya is the Chairman of the Board of Directors of Norm, which operates the largest cement plant in the South Caucasus. Prior to this, he had also acted as a business consultant and board member for N...

NEQSOL Holding has obtained a declaration of conformity on ISO 31000:2018 Risk Management Certificate audited by LRQA, a part of UK-based Lloyd’s Register Group Limited and a trusted provider of the ISO certification. International certificate verifies that the established system is built correctly ...

NEQSOL Holding launched the Leadership Journey Program for its senior managers to encourage them to further self-development and improvement of leadership skills. The program, which aims to keep the Holding on the competitive edge and drive greater success, features three modules delivered in a hyb...

Henning Sasse has over 24 years of work experience, mostly in various senior Technical and General Management roles. Mr. Sasse joined NEQSOL Holding in 2017 as the CEO of Norm, which operates the largest cement plant in the South Caucasus. Before joining the holding, he worked as Head of ...

Israil Asaliyev has about 20 years of experience in various senior roles in different business sectors. He is an experienced professional in business development, strategic development, crisis management, financial sustainability, sales, and other related fields. Mr. Asaliyev is a Member of th...

Ilter Terzioglu is an executive with broad experience in the telecom business and globally acclaimed leader in digital transformation projects. Mr. Terzioglu is a Member of the Boards of Directors at telecommunications companies within the holding, namely Bakcell and Vodafone Ukraine. He is also th...

December 3, 2019, London, Amsterdam NEQSOL Holding announces today it has completed the acquisition of Vodafone Ukraine telecommunication company. Acquisition financing has been provided by the group of international funds and financial institutions led by J.P. Morgan Securities Plc and Raiffeisen ...

Cenk Serdar is a global business leader with 20+ years of internet and mobile experience in 30+ developed and emerging markets. Mr. Serdar is a Member of the Boards of Directors at telecommunications companies within the holding, namely Bakcell and Vodafone Ukraine. Before joining NEQSOL Holding's...

Vodafone Ukraine is the second-largest mobile operator in Ukraine, an Eastern European country with a population of more than 42 mln and bordering European Union in the East. The company’s network covers 98% of the territory of Ukraine, where 99% of the population lives. It provides mobile services...

Olga Ustinova has more than 21 years of experience in the telecommunication and IT spheres, with profound professional knowledge and understanding of this sector, as well as a clear vision of its perspectives. She is the CEO of Vodafone Ukraine, NEQSOL Holding’s telecommunications company in Ukrain...

Volodymyr Lavrenchuk is a senior executive with more than 35 years of experience within various institutions. Mr. Lavrenchuk is a Country Manager at NEQSOL Holding Ukraine office. He is also a Member of the Board of Directors at Vodafone Ukraine, NEQSOL Holding’s telecommunications company, with ab...

Private Joint Stock Company "VF Ukraine" (“Vodafone Ukraine”), the second largest mobile network operator in Ukraine based on the number of subscribers and part of NEQSOL Holding, has announced that VFU Funding PLC has successfully priced its debut international capital markets issuance – US$500 mil...

NEQSOL Holding continue investing in people with award winning projects honoured by international organizations. NEQSOL Holding has received Stevie® Awards in multiple categories for NEQSOL Academy and Leadership Development Programs. In total, NEQSOL Holding has been awarded 4 Gold and 3 Bronze Ste...

NEQSOL Holding and companies within the holding continue to support projects to fight the coronavirus pandemic and mitigate its negative effects in line with their corporate social responsibility strategies. With an aim to support the healthcare system during the pandemic, NEQSOL Holding has financ...

NEQSOL Holding and companies within the holding have implemented food assistance program to support low-income families during the special quarantine regime in Azerbaijan. Within the assistance program, NEQSOL Holding and its companies Bakcell and Norm provided food sets to 3000 low-income families...

The involvement of member countries of the Organization of Turkic States (OTS) in the implementation of the Digital Silk Way project, which envisages creation of a digital corridor connecting Europe and Asia via Azerbaijan, was discussed at the 5th meeting of the OTS Working Group on ICT in Samarkan...

NEQSOL Holding is a diversified international holding with a professional team of more than 12,000 people. At NEQSOL Holding, human capital is considered the most important asset. As a reputable and reliable company and good corporate citizen, we conduct our business based on the highest corporate,...

NEQSOL Academy — your journey to excellence  NEQSOL Academy is a digital learning and interaction environment with a wide range of content in six different languages that empowers over 10,000 employees of NEQSOL Holding's companies operating in various c...

NEQSOL Holding continues its expansion course in line with its strategy. Currently, the Group has assets and operations in 9 countries and 3 regional offices based in Baku, Amsterdam, and Kyiv. As part of corporate strategy, the focus of the Holding is to strengthen regional corporate governan...

With an aim to develop the socio-economic infrastructure of the Bina settlement, various projects are being carried out at the initiative of the Khazar District Executive Power and with the financial support of NEQSOL Holding. The streets of Nizami Abbasov (1.5 km) and Khagani (1.6 km), both servin...

Richard Duff is an executive leader with over 30 years of experience in energy industries in the UK and internationally. Mr. Duff is a Board Member at Nobel Energy (formerly Nobel Oil Services), the energy group within NEQSOL Holding. Prior to joining Nobel Energy, he had a long career with Wood p...

Nobel Oil Services, a diversified group of companies, has further strengthened its Board of Directors as the two new members, James (Jim) Cowie and Richard Duff joined the Board. With over 40 years of experience in the energy sector, Mr. Cowie held executive positions in BP for 20 years. In his mos...

James (Jim) Cowie has about 40 years of leadership experience in the energy industry. Mr. Cowie is a Board Member at Nobel Energy (formerly Nobel Oil Services), the energy group within NEQSOL Holding. Before joining Nobel Energy, Mr. Cowie worked in the oil and gas industry for about four decades,...

Toghrul Ahmadov is a legal and compliance professional with over 17 years of experience in the energy industry. Mr. Ahmadov is Chief Legal Officer of NEQSOL Holding and is in charge of the holding’s legal, corporate governance, and compliance affairs. Previously, Mr. Ahmadov had a long career with...

Volodymyr Lavrenchuk is a senior executive with more than 35 years of experience within various institutions. Mr. Lavrenchuk is a Country Manager at NEQSOL Holding Ukraine office. He is also a Member of the Board of Directors at Vodafone Ukraine, NEQSOL Holding’s telecommunications company, with ab...

With over 30 years of professional experience in the telecommunications industry, Klaus Mueller has held executive management and board member positions at Europe’s major telecommunications companies. Currently, Mr. Mueller serves as the Chief Executive Officer of Bakcell. He is recognized for ext...

For the first time in Azerbaijan, Azerconnect, a company operating in the realms of information, communication, and high technologies, has launched an innovative program, “FLEXcellence,” that provides effective remote work regime management for large teams. The name of the program has been derived f...

NEQSOL Holding continues successful implementation of the international standards and best practices in the realms of compliance. One of the holding’s most significant achievements in this area is the obtaining of the ISO 37001:2016 certificate, which confirms the effective implementation of ABMS, ...

NEQSOL Holding has won five Brandon Hall Group Excellence Awards recognizing companies from around the world for the ability of their programs to measurably benefit their employees and organizations. The Holding’s NEQSOL Academy digital learning and interaction platform and Leadership Development P...

NEQSOL Holding’s 55 senior managers have successfully completed a one-year Leadership Journey Program aimed at supporting and encouraging leaders in developing and refining their leadership skills. Throughout the year, the participants of the Leadership Journey Program attended face-to-face trainin...

Azerconnect Group is the first B2B (Business-to-Business) company operating in Azerbaijan’s dynamically developing ICT and high technologies sectors. Established in 2013, the company provides a wide range of ICT services in line with international standards. As one of the largest and leading techno...

Vasyl Latsanych has over 20 years of extensive international experience in the telecommunications industry. Mr. Latsanych is the Chairman of the Board of Directors of Bakcell and Vodafone Ukraine – telecommunications companies within NEQSOL Holding. He is also the Head of Telecom at NEQSOL Ho...

The “Digital Silk Way” project, a telecommunications corridor to connect Europe and Asia via Azerbaijan, has attracted international interest at the “Dubai Expo” worldwide exhibition and “Capacity Middle East 2022” global event. The “Digital Silk Way — Connectivity Beyond Borders” event at the Azer...

Emil Masimov has over 17 years of extensive professional experience in the information and communication technologies industry. Since 2016, Mr. Masimov is the Chief Executive Officer of Azerconnect Group, a company within NEQSOL Holding. He is also Chairman of the Board at AzerTelecom and some...

Glensol, Nobel Energy’s field operations and equipment maintenance subsidiary, is pleased to announce that it has been awarded a major contract by bp for the provision of gas turbine maintenance services in the Azerbaijan Georgia Turkey region. As part of the contract, Glensol will provide the main...

Norm, a part of NEQSOL Holding, has become the first cement producing company in the South Caucasus to receive American Petroleum Institute (API) certification and launched production of oil-well cement in line with API requirements. The certification was awarded following a successful audit conduct...

NEQSOL Holding won prestigious Brandon Hall Group Silver Award for excellence in Succession and Career Management. NEQSOL Holding received the award for its Succession Readiness Program (SRP), which creates valuable, constructive career development opportunities for NEQSOL Holding management team, e...

NEQSOL Holding announces the successful completion of tender procedures and the launch of the first phase of construction for the Trans-Caspian Fiber Optic Cable Line, a key component of the “Digital Silk Way” megaproject initiated by the Holding. The Trans-Caspian Cable Line Project is being imple...

NEQSOL Holding has received a Gold Stevie® Award in the category of Succession and Career Management for its Succession Readiness Program (SRP). The program creates valuable, constructive career development opportunities for NEQSOL Holding management team by sustaining high performance to ensure tha...

Stephan Sollberger holds over 30 years of experience in cement and concrete manufacturing companies. Mr. Sollberger is the Board Member of Norm, which operates the largest cement plant in the South Caucasus. Since 2020, he has held the role of Chief Operations Director at Landqart AG. Prior t...

Vasyl Latsanych has over 20 years of extensive international experience in the telecommunications industry. Mr. Latsanych is the Head of Telecom at NEQSOL Holding. He joined the Holding in 2021 and is in charge of strategic management and further development of the Holding’s telecommunications asse...

NEQSOL Holding has announced the appointment of Vasyl Latsanych as the group’s Head of Telecom. The position has been created to further improve coordination between the Holding and its subsidiaries in the industry and to support the Holding's development in the international telecoms arena.  ...

NEQSOL Holding has launched a new collaboration between its digital learning & engagement platform, NEQSOL Academy, and the internationally acclaimed online course provider, LinkedIn Learning. The partnership will host a fully integrated platform for NEQSOL Holding and its companies’ employees ...

NEQSOL Holding will allocate funds for the reconstruction and restoration of the Gazakh Teachers Seminary as part of the project led by ADA University. The project will be implemented according to a Memorandum of Understanding signed on October 1 in the city of Gazakh by representatives of Heydar A...

The construction materials industry is one of the priority directions for NEQSOL Holding international group of companies. The Holding owns Norm Cement, a plant launched in 2013, which is now the largest cement producer in the South Caucasus. With a strong international management team, NEQSOL Holdi...

NEQSOL Holding has served as gold sponsor of the Azerbaijan Investment and Culture Summit, an event that brought together businessmen, investors, start-ups, as well as government officials, representatives of international organizations and diplomatic corps from more than 20 countries. Summit parti...

NEQSOL Holding continues to implement multiple social projects and activities in line with its corporate social responsibility strategy. These works also include various restoration, repair, and construction projects implemented in the Bina settlement with NEQSOL Holding’s financial support and at t...

NEQSOL Holding has served as Gold Sponsor of the American Chamber of Commerce (AmCham) Conference on “Ethics and Compliance in Azerbaijan 2021”, an event that brought together compliance professionals, senior executives and experts from the business community, AmCham member companies, as well as gov...

NEQSOL Holding held a comprehensive Strategic HR Business Partner Program to enhance the strategic impact of HR professionals on business and enable better performance and results. The program was delivered in partnership with RBL Group, an American consulting and development company, and attracted ...

NEQSOL Holding has been recognized for creating and applying best practices in Human Capital Management. Brandon Hall Group Awards: Multiple categories for NEQSOL Academy and Leadership Development Programs We have been recognized as a Brandon Hall Group Awards winner in mult...

AzerTelecom and Kazakhtelecom, the leading telecommunications companies of Azerbaijan and Kazakhstan, signed a strategic partnership memorandum on the project of laying a fiber-optic cable line along the bottom of the Caspian Sea as part of the "Digital Bridge" international technological forum held...

For the first time ever, Capacity Media will bring its world-renowned telecoms event to the Caucasus and Central Asia this year on the initiative and with organizational support of NEQSOL Holding. The Capacity Caucasus & Central Asia 2022 event, taking place in Baku, Azerbaijan, on June 21-22, h...

In Azerbaijan, an energy and transport center of the region, large infrastructure projects are being implemented to transform the country into a digital center. In this direction, AzerTelecom, part of NEQSOL Holding, implements the “Digital Silk Way” fiber-optic infrastructure project to connect Eu...

By the decision of NEQSOL Holding, the companies within the group provided humanitarian aid to Türkiye in the amount of 14 million Turkish lira (TRY) to eliminate the consequences of the devastating earthquake and support the people of Türkiye. Bakcell, which is part of the Holding, has sent to Tür...

Bakcell announces the appointment of Klaus Mueller as Chief Executive Officer. With over 30 years of professional experience in the telecommunications industry, Klaus Mueller has held executive management and board member positions at Europe’s major telecommunications companies. He is recognized fo...

The Digital Silk Way project, envisaging the formation of a digital telecommunications corridor linking Europe to Asia, was introduced at the first Uzbek-Azerbaijani interregional forum, held in Tashkent, the capital of Uzbekistan. Fuad Allahverdiyev, Chairman of the Board of Directors at AzerTelec...

NEQSOL Holding has served as Platinum Sponsor of the American Chamber of Commerce (AmCham) Conference on “Ethics and Compliance in Azerbaijan”. The event brought together compliance professionals and senior executives from the business community and government officials. "As an international group...

NEQSOL Holding continues its support to Türkiye to eliminate the consequences of the devastating earthquake. By the decision of the holding, Bakcell, which is part of it, has transferred the amount of 5 million Turkish lira (TRY) to the bank account of the Embassy of Türkiye in Azerbaijan. Thus, th...

Ulku Ozcan has 22 years of experience in the cement industry. Ms. Ozcan is the Board Member of Norm, which operates the largest cement plant in the South Caucasus. Before this, she worked in the energy and telecommunications cable business in Turkey until June 2021. Between 2018 and 2020, Ms. Ozca...

NEQSOL Holding has signed a five-year Memorandum of Understanding (MoU) with “Birgə və Sağlam” Public Union (BSIB) to support educational, diagnostics and awareness initiatives for children with autism spectrum disorder and their families. The partnership will cover translation and adaption of lead...

Bakcell has announced the appointment of Salvador Anglada as new member of the company’s Board of Directors. Anglada has over 27 years of experience in the telecom and IT industries. In his career, he has held various leadership positions in Europe at Telefonica, O2, and Dell. Before joining Bakcel...

NEQSOL Holding tərəfindən “YAŞAT” Fonduna 500 min AZN vəsaitin ayrılması barədə Anlaşma Memorandumu imzalanıb. Sənədi “NEQSOL Holding Azərbaycan”ın rəhbəri İmran Əhmədzadə və “YAŞAT” Fondunun rəhbəri, Qarabağ qazisi Elvin Hüseynov imzalayıb. Köçürülmüş ianə hesabına Ramazan ayında 325 nəfər əlilliy...

Performance management and NEQSOL Smart NEQSOL Smart is an interactive performance management system, developed internally by IT Smart Flex, a Ukraine-based software development company within NEQSOL Holding.   Top features of the platform: Structured and organized methodology for perfor...

NEQSOL Holding has introduced the NEQSOL Smart platform, an interactive performance management system, developed internally by IT Smart Flex, a Ukraine-based software development company within the Holding. The platform encourages managers and employees to define and assess SMART objectives ...

NEQSOL Holding announces its new collaboration with O'Reilly, a globally renowned provider of technical training and learning resources, through NEQSOL Academy, the company's digital learning platform. The partnership aims to bolster the technological skills of NEQSOL Holding's employees, ensuring ...

Nobel Energy (part of NEQSOL Holding) is pleased to announce the signing of a memorandum of understanding (MoU) with the Ministry of Energy of Azerbaijan for the development of a 400MW solar power plant in Nakhchivan, Azerbaijan and export of the generated electricity to Türkiye, and partly for the ...

AzerTelecom and Kazakhtelecom have signed a Shareholders’ Agreement to establish a joint venture for the construction and operation of the Trans-Caspian Fiber-Optic Communication Line (FOCL) along the Azerbaijan-Kazakhstan route on the seabed of the Caspian Sea. This agreement marks a significant mi...

NEQSOL Holding launched its exclusive global talent management initiative, the Leadership Excellence and Acceleration Program (L.E.A.P.). With a focus on expanding into new geographic and business areas, L.E.A.P. aims to establish a highly skilled talent pool that will drive further growth for the H...

NEQSOL Holding announced the appointments of Vugar Samadli as Head of Energy Business, Kadri Ozen as Chief Communications and Sustainability Officer, and Teymur Taghiyev as Chief of Staff, who joined its executive management team led by Chief Executive Officer Yusif Jabbarov. Vugar Samadli brings 2...

NEQSOL Academy announces a strategic partnership with Infosec IQ, a leading cybersecurity education and awareness solutions provider. This collaboration aims to strengthen the cybersecurity readiness of NEQSOL Holding's workforce by improving their awareness and understanding of cybersecurity threat...

NEQSOL Holding and Education Development Fund have signed a memorandum of understanding (MoU). The document was signed by Imran Ahmadzada, Head of NEQSOL Holding Azerbaijan office, and Elnur Nasibov, Chairman of the Board of Education Development Fund. The purpose of the MoU is to establish cooperat...

A Memorandum of Understanding on cooperation in the field of ecology and environmental protection has been signed between the Ministry of Ecology and Natural Resources and NEQSOL Holding. The MoU was signed by Umaira Tagiyeva, Deputy Minister of Ecology and Natural Resources, and Imran Ahmadzada, t...

Vugar Samadli boasts over 20 years of experience in the energy industry, having worked for globally renowned companies. Mr. Samadli is the Head of Energy at NEQSOL Holding and Chief Executive Officer of Nobel Energy (formerly Nobel Oil Services), the energy group within the Holding. Vugar Samadli ...

Kadri Ozen has extensive international leadership experience in the fields of Public Affairs, Communications, and Sustainability Strategies. Kadri Ozen is the Chief Sustainability Officer at NEQSOL Holding, leading external and internal corporate communications, sustainability strategies, and exter...

Teymur Taghiyev boasts over 20 years of experience in strategy development and implementation, business development, project management, compliance, risk management, and corporate affairs. Since 2023, Mr. Taghiyev has been serving as the Chief of Staff at NEQSOL Holding, leading the office of the C...

Vugar Samadli boasts over 20 years of experience in the energy industry, having worked for globally renowned companies. Mr. Samadli is the Head of Energy at NEQSOL Holding and Chief Executive Officer of Nobel Energy (formerly Nobel Oil Services), the energy group within the Holding. Vugar Samadli ...

NEQSOL Holding is implementing an integrated program named Parla in cooperation with the Education Development Fund, providing scholarship to 50 female university students in Azerbaijan. The 50 successful beneficiaries of the Parla scholarship program, established by NEQSOL Holding, were selected l...

There have recently been fraudulent and misguiding posts in social media alleging that NEQSOL Holding is calling on people to benefit from the holding’s financial gains and offering various investment solutions. The posts take you to a link, which suggests to involve you in a profit-sharing and inve...

NEQSOL Holding launched a partnership with Udemy Business to provide its employees access to the Udemy’s skill development content. Holding’s digital learning platform, NEQSOL Academy, will enable corporate access to 25,000 courses offered by expert instructors under the online Udemy Business platfo...

For any inquiries or information related to investor relations, and financial matters, please feel free to contact our dedicated Investor Relations team. Contact Person: Rishad Aliyev Position: Group Director of Investor Relations Email: raliyev@neqsolholding.com         &n...

In its continuous commitment to fostering educational and professional growth, NEQSOL Holding has recently conducted an enriching training session on “Communication skills” for participants of the “Parla” scholarship program as a part of their development journey. “Parla” initiative, run in collabo...

NEQSOL Holding organized a masterclass in Baku for the winners of its educational support program named “Parla” on the topic of studying abroad. The Holding together with the Azerbaijan-UK Alumni Association (AUKAA) and the Implementation Unit for the State Program to study abroad in 2019-2023 prov...

NEQSOL Academy, in collaboration with Udemy Business, has launched a transformative People Powered AI HR program aimed at equipping HR professionals with the knowledge and skills to leverage Artificial Intelligence in Human Resource practices. This initiative reflects NEQSOL Holding’s commitment to ...

NEQSOL Holding, in collaboration with the Education Development Fund and Technology SNI, proudly announces the launch of Peerstack Academy, a revolutionary IT educational platform based on Silicon Valley standards. This initiative reflects NEQSOL’s commitment to fostering innovation and developing t...

NEQSOL Holding, a global investment group managing diverse businesses across 11 countries from headquarters in Amsterdam, Baku and Kyiv is currently in the process of acquiring the United Mining and Chemical Company JSC (UMCC) – one of the largest titanium ore raw material producers in the world. C...

NEQSOL Holding, a global investment group with diverse operations across telecommunications, energy, hi-tech, and construction and over 12,000 employees, reaffirmed its commitment to sustainability at the United Nations Global Compact (UNGC) Leaders’ Summit 2024 this September in New York. NEQSOL Ho...

NEQSOL Holding, an international group of companies with operations across 11 countries and headquarters in Amsterdam, Baku, and Kyiv, has completed payment for the Joint Stock Company “United Mining and Chemical Company” (UMCC). Proceeds from the sale have been transferred to the Ukrainian State Bu...

The official opening ceremony of Peerstack Academy, established through a partnership between NEQSOL Academy (part of NEQSOL Holding), the Education Development Fund, and Technology SNI, has taken place in Baku, Azerbaijan. Peerstack Academy introduces the globally recognized education programs of ...

NEQSOL Holding Continues Social Support for Conflict-Affected Communities NEQSOL Holding continues its collaboration with the YAŞAT Foundation to provide social support for conflict-affected communities, including individuals who have acquired disabilities and the families of those who lost their li...

Ambassador Kurt Volker is a leading expert in U.S. foreign and national security policy with over 35 years of experience in a variety of government, academic, and private sector capacities. Ambassador Volker is the Member of the Advisory Board at NEQSOL Holding. He served as U.S. Special Represent...

Cara Williams is a distinguished leader in areas of sustainability, ESG, financial and investment services with over 28 years of experience. Cara Williams is the Member of the Advisory Board at NEQSOL Holding. She currently serves as a Senior Partner, Global Head of ESG, Climate and Sustainability...

Four companies within NEQSOL Holding have been included in the list of Azerbaijan’s top 100 taxpayers for 2024, as published by the State Tax Service of the Republic of Azerbaijan. In 2024, NEQSOL Holding companies contributed a total of AZN 171.1 million in tax payments to the Azerbaijani state bu...

It has come to our attention that a website operating under the domain a-zholding.com has unlawfully copied our website design, content, and even misrepresented our executives, our businesses and office addresses. This website has no affiliation with NEQSOL Holding, and any claims or representations...

NEQSOL Holding, in cooperation with Education Development Fund, continues to support female university students through the “Parla” scholarship and development program. This academic year, a new group of 50 female students has been selected, bringing the total number of beneficiaries to 100. During...

COP29 has become a landmark event for the entire global community as well as for NEQSOL Holding as a Synergy Partner of the global event hosted in Baku, Azerbaijan. This partnership provided NEQSOL Holding with a unique platform to strengthen and expand relations with global leaders, exchange knowl...

Mr. Anglada boasts over 27 years of experience in the telecom and IT industries. Currently, he serves as a Board Member of Bakcell, the telecommunications group within NEQSOL Holding. Throughout his career, Mr. Anglada has held various leadership positions in Europe at Telefonica, O2, and Dell. Pr...

NEQSOL Holding recently hosted a high-level Artificial Intelligence event in Baku, bringing together top executives and senior managers from the group companies. The event featured renowned AI expert and futurist Andrew Grill and focused on how AI can drive scalable growth, improve efficiency, and s...