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The 50 largest companies in Azerbaijan

Tamtam tracks 209 companies headquartered in Azerbaijan. This list ranks the 50 largest by number of employees on LinkedIn, led by State Oil Company of the Republic of Azerbaijan (SOCAR), ABB and Kapital Bank. Their median headcount is 948. Half of them were founded in 1996 or later.

🇦🇿 Azerbaijan50 companiesUpdated Nov 12, 2026

This list compiles significant companies operating in Azerbaijan, predominantly large firms established between the early 1990s and the early 2010s. The companies primarily focus on key sectors such as oil and gas, banking, telecommunications, and retail.

Notable entities include SOCAR, a state-owned corporation in oil and gas, and ABB, a major bank in the Southern Caucasus. Azersun Holding is a key player in food production and retail, while Azercell Telecom LLC is a prominent telecommunications provider. A significant number of these companies, including SOCAR, ABB, Kapital Bank, and Azersun Holding, are headquartered in Baku, indicating a strong centralization of economic activity in the capital.

#CompanyIndustryHeadquarters EmployeesFounded
1
State Oil Company of the Republic of Azerbaijan (SOCAR)socar.az

State-owned corporation involved in exploration, production, transportation, refining, and distribution of oil and natural gas globally with environmental focus.

Oil and Gas 🇦🇿 Baku 4,837 1992
2
ABBabb-bank.az

A leading bank in the Southern Caucasus region offering universal banking services, supporting public projects, social programs, and financing for diverse enterprises

Banking 🇦🇿 Baku 4,499 1992
3
Kapital Bankkapitalbank.az

A leading bank in Azerbaijan offering a wide range of banking services to corporate clients and individuals, with a strong emphasis on key industries and international partnerships

Banking 🇦🇿 Baku 4,307 1874
4
Azersun Holdingazersun.com

A leading player in food production, retail, and farming sectors in Azerbaijan and beyond, emphasizing corporate social responsibility and cultural preservation

Food and Beverage Manufacturing 🇦🇿 Baku 3,172 1991
5
Tabriz University of Medical Sciencestbzmed.ac.ir

A top-ranked public university in Iran offering medical, pharmacy, and health-related degrees, with over 10 teaching hospitals in the region

Medical Practices 🇦🇿 Tabriz 2,668 1946
6
SOCAR Downstream

Specializes in managing the modernization of a refinery, upgrading capacity, meeting Euro 5 standards, ensuring corporate governance, and hiring new employees

Oil and Gas 🇦🇿 Baku 2,353 2019
7
Unibankunibank.az

Established bank offering global products and services tailored to local markets, prioritizing customer needs, high ethical standards, and social responsibility

Banking 🇦🇿 Baku 2,209 n/a
8
AZAL - Azerbaijan Airlinesazal.az

Major air carrier in CIS countries with modern aircraft fleet and high-quality passenger service, recognized for excellence by Skytrax international rating

Airlines and Aviation 🇦🇿 Baku 2,073 n/a
9
اعلان عن وظيفة مجانا بدون تسجيل5tawzeef.com

An online platform where job postings can be advertised for free, reaching thousands of job seekers

Staffing and Recruiting 🇦🇿 1,843 n/a
10
Azercell Telecom LLCazercell.com

Established in 1996, this telecommunications leader in Azerbaijan offers mobile services, innovative technologies, quality management systems, and international HR certifications

Telecommunications 🇦🇿 Baku 1,704 1996
11
Veyseloglu Group of Companiesveyseloglu.az

Recognized in Azerbaijan by Deloitte, awarded in the prestigious Best Managed Companies competition, distinguishing itself among winners

Retail 🇦🇿 Baku 1,573 1994
12
Araz Supermarket MMCarazmarket.az

Established in 2011, the company operates a network of supermarkets in Azerbaijan, providing a wide range of food and non-food products with a focus on customer satisfaction and expansion

Retail Groceries 🇦🇿 Baku 1,555 2011
13
Kontakt Homekontakt.az

A retail network specializing in digital appliances, household items, and furniture with a focus on quality products and professional customer service

Computers and Electronics Manufacturing 🇦🇿 Baku 1,488 2006
14
PASHA Bank OJSCpashabank.az

A leading corporate bank in Azerbaijan offering financial services to various clients, owned by a prominent holding company with international presence

Financial Services 🇦🇿 Baku 1,449 2007
15
Azerconnect Groupazerconnect.az

Leading provider of comprehensive ICT services in Azerbaijan, offering innovative solutions for businesses in the digital transformation sphere through international standards and practices

Telecommunications 🇦🇿 Baku 1,444 2013
16
Bank Respublikabankrespublika.az

A leading player in Azerbaijan's banking sector, focused on supporting financial stability, empowering citizens and creating value for society

Banking 🇦🇿 Baku 1,443 1992
17
EDedt.az

Specializing in telecom solutions since 1996, we provide high-end products and services to businesses in Azerbaijan and Georgia, maintaining integrity and customer value

IT Services and IT Consulting 🇦🇿 Baku 1,397 1996
18
Azerbaijan State University of Economics • UNECunec.edu.az

Educational institution specializing in economics, offering Bachelor, Master, and Doctorate programs in multiple languages, with a student-centered approach and various exchange opportunities

Higher Education 🇦🇿 Baku 1,378 1930
19
Bravo Supermarket Azerbaijanbravosupermarket.az

A leading food retailer in Azerbaijan providing quality, fresh, and convenient products at competitive prices to enhance customers' daily lives

Retail 🇦🇿 Baku 1,323 2015
20
AZFENazfen.com

Specializing in construction and engineering for oil industry projects, focusing on pipelines, platforms, and terminals in the Caspian Region Promotes a safe work environment

Construction 🇦🇿 Baku 1,216 1996
21
AccessBank Azerbaijanaccessbank.az

Providing European-standard financial services to micro and small businesses and households, promoting economic development and financial inclusion in Azerbaijan.

Banking 🇦🇿 Bakı 1,191 2002
22
Azərbaycan Dəmir Yolları - ADY / Azerbaijan Railwaysticket.ady.az

Established in 1878, this company in Azerbaijan began construction of the country's first railway based on a government decree, officially creating Azerbaijan State Railway in 1880

Rail Transportation 🇦🇿 Baku 1,073 1880
23
Bank of Baku OJSCbankofbaku.com

A financial institution offering retail, small business, and corporate banking services with a focus on customer service and innovative products

Banking 🇦🇿 Baku 993 1994
24
Yelo Bankyelo.az

Revolutionizing traditional banking with Parlaq services Experience a new era in banking that is innovative and customer-focused ✨

Banking 🇦🇿 Azerbaijan 984 2022
25
Baku State Universitybsu.edu.az

A leading educational institution offering a wide range of majors, bachelor and master degrees, with a focus on language teaching and scientific research

Higher Education 🇦🇿 Baku 948 n/a

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26
Rabitabank OJSCrabitabank.com

Established in 1993, the organization has become a universal bank, offering financial services to businesses and individuals across various sectors for over 30 years

Banking 🇦🇿 Baku 943 1993
27
Elm və Təhsil Nazirliyi - The Ministry of Science and Educationedu.gov.az

The organization was established in 1918 as the Ministry of Education and subsequently transformed into the Ministry of Education under various restructurings till 2005

Government Administration 🇦🇿 Baku 864 1918
28
Avrora Groupavrora.az

Leading distributor in the food sector with a diverse portfolio of international brands Also operates multiple production facilities for pasta, drinks, confectionery, and flour

Food and Beverage Manufacturing 🇦🇿 Nərimanov rayonu 846 2000
29
ADA Universityada.edu.az

Higher education institution offering diverse programs in public affairs, business, IT, and education with focus on research and ethics.

Higher Education 🇦🇿 Baku 806 n/a
30
Azerbaijan State Oil and Industry University • ASOIUasoiu.edu.az

An institution in Baku, Azerbaijan with a history tied to the rise of the petroleum industry, providing education in engineering fields

Higher Education 🇦🇿 Baku 758 1920
31
Xalq Bankxalqbank.az

A leading bank in Azerbaijan offering modern and convenient financial services with a focus on honesty, transparency, trust, and exceptional customer service

Banking 🇦🇿 Baku 756 2004
32
SOCAR Polymersocarpolymer.az

International petrochemical project in Azerbaijan, developing Polypropylene and High Density Polyethylene plants to boost country's chemical industry and economic development

Chemical Manufacturing 🇦🇿 Baku 743 2013
33
SOCAR Karyerasocar.az

The organization offers a recruitment process for vacancies, paid internships for young professionals, an internal talent development program, and a training center

Oil and Gas 🇦🇿 Baku 737 1992
34
Expressbankexpressbank.az

A leading bank providing modern banking services with a strong financial performance, operating in multiple locations across the country

Banking 🇦🇿 Baku 730 1989
35
1996linktr.ee

Passionate about gaming and dedicated to eliminating language barriers in the gaming industry, enhancing your gaming experience with expert guidance

Mobile Gaming Apps 🇦🇿 Baku 713 2021
36
Baku Electronicsbakuelectronics.az

A leading electronics retailer in the Caucasian region with 30 stores, online presence, and strong dealership network Official distributor of global brands

Retail 🇦🇿 Baku 711 1994
37
irshadirshad.az

Tailored solutions custom-made for you

Computers and Electronics Manufacturing 🇦🇿 Baku 695 2000
38
PASHA Insurance OJSCpasha-insurance.az

An insurance provider offering a wide range of mandatory and voluntary insurance services to corporate and individual clients, with international certifications and recognition

Insurance 🇦🇿 Baku 692 2006
39
SOCAR AQSsocar-aqs.com

An integrated drilling and well services management entity, providing advanced technologies and innovative solutions in the oil and gas industry

Oil and Gas 🇦🇿 Baku 666 2007
40
Azerbaijan Medical Universityamu.edu.az

A scientific institution preparing medical professionals and researchers, combining tradition with innovation in medical education and scientific research since 1930

Medical Practices 🇦🇿 Baku 655 1930
41
DOST Agentliyidost.gov.az

A social security agency in Azerbaijan provides services in employment, labor, social protection, and insurance fields to the population

Government Administration 🇦🇿 Baku 650 2018
42
Avromed Company CJSCavromed.az

Leading importer of high-quality pharmaceuticals since 2002, serving healthcare institutions and the population of Azerbaijan with essential medications from global manufacturers

Pharmaceutical Manufacturing 🇦🇿 Baku 621 2002
43
OBA Marketlər Şəbəkəsioba.az

A network of neighborhood markets in Azerbaijan offering a wide range of daily essentials at affordable prices with a focus on quality

Retail 🇦🇿 Baku 606 2016
44
Dövlət Məşğulluq Agentliyi / State Employment Agencydma.gov.az

The organization coordinates employment events, manages unemployment insurance funds, monitors compliance with labor laws, and collaborates with government agencies for labor market analysis

Government Administration 🇦🇿 Baku 605 n/a
45
Khazar Universitykhazar.org

Private university offering research-oriented higher education in Azerbaijan with English language instruction, hosting schools in engineering, economics, education, humanities, and social sciences

Higher Education 🇦🇿 Baku 603 1991
46
Azerenerji OJSCazerenerji.gov.az

Leading electric power utility in Azerbaijan and the Caucasus with a large workforce for power and heat energy generation and transmission operations

Utilities 🇦🇿 Baku 594 1935
47
LANDAU Schoollandauschool.com

A school dedicated to providing resources and guidance to help students build a strong foundation and excel in their chosen fields

Primary and Secondary Education 🇦🇿 Baku 590 2018
48
Ateshgah Insurance OJSCateshgah.com

Leader in Azerbaijan's insurance market since 1997, providing top-quality services for nearly 20 years, earning trust and respect from clients and partners

Insurance 🇦🇿 Baku 585 1996
49
Aztelekomaztelekom.az

National telecommunication operator in Azerbaijan providing various communication services to individual and corporate clients, other operators, and users

Telecommunications 🇦🇿 Baku 585 1992
50
Azərbaycan Respublikasının Mərkəzi Bankı / Central Bank of the Republic of Azerbaijancbar.az

The organization serves as the central bank for the Republic of Azerbaijan, overseeing and regulating the country's financial and monetary system

Government Administration 🇦🇿 Baku 585 1992

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 12, 2026.

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