# 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.

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.

🇦🇿 Azerbaijan · 50 companies · Updated Nov 12, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [State Oil Company of the Republic of Azerbaijan (SOCAR)](https://www.tamtam.ai/c/state-oil-company-of-the-republic-of-azerbaijan-socar) (socar.az)<br>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 | [ABB](https://www.tamtam.ai/c/abb) (abb-bank.az)<br>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 Bank](https://www.tamtam.ai/c/kapital-bank) (kapitalbank.az)<br>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 Holding](https://www.tamtam.ai/c/azersun-holding) (azersun.com)<br>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 Sciences](https://www.tamtam.ai/c/tabriz-university-of-medical-sciences) (tbzmed.ac.ir)<br>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](https://www.tamtam.ai/c/socar-downstream)<br>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 | [Unibank](https://www.tamtam.ai/c/unibank) (unibank.az)<br>Established bank offering global products and services tailored to local markets, prioritizing customer needs, high ethical standards, and social responsibility | Banking | 🇦🇿 Baku | 2,209 |  |
| 8 | [AZAL - Azerbaijan Airlines](https://www.tamtam.ai/c/azal-azerbaijan-airlines) (azal.az)<br>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 |  |
| 9 | [اعلان عن وظيفة مجانا بدون تسجيل](https://www.tamtam.ai/c/company-27109394) (5tawzeef.com)<br>An online platform where job postings can be advertised for free, reaching thousands of job seekers | Staffing and Recruiting | 🇦🇿 | 1,843 |  |
| 10 | [Azercell Telecom LLC](https://www.tamtam.ai/c/azercell-telecom-llc) (azercell.com)<br>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 Companies](https://www.tamtam.ai/c/veyseloglu-group-of-companies) (veyseloglu.az)<br>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 MMC](https://www.tamtam.ai/c/araz-supermarket-mmc) (arazmarket.az)<br>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 Home](https://www.tamtam.ai/c/kontakt-home) (kontakt.az)<br>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 OJSC](https://www.tamtam.ai/c/pasha-bank-ojsc) (pashabank.az)<br>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 Group](https://www.tamtam.ai/c/azerconnect-group) (azerconnect.az)<br>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 Respublika](https://www.tamtam.ai/c/bank-respublika) (bankrespublika.az)<br>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 | [ED](https://www.tamtam.ai/c/ed-baku) (edt.az)<br>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 • UNEC](https://www.tamtam.ai/c/azerbaijan-state-university-of-economics-unec) (unec.edu.az)<br>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 Azerbaijan](https://www.tamtam.ai/c/bravo-supermarket-azerbaijan) (bravosupermarket.az)<br>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 | [AZFEN](https://www.tamtam.ai/c/azfen) (azfen.com)<br>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 Azerbaijan](https://www.tamtam.ai/c/accessbank-azerbaijan) (accessbank.az)<br>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 Railways](https://www.tamtam.ai/c/az-rbaycan-d-mir-yollar-ady-azerbaijan-railways) (ticket.ady.az)<br>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 OJSC](https://www.tamtam.ai/c/bank-of-baku-ojsc) (bankofbaku.com)<br>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 Bank](https://www.tamtam.ai/c/yelo-bank) (yelo.az)<br>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 University](https://www.tamtam.ai/c/baku-state-university) (bsu.edu.az)<br>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 |  |
| 26 | [Rabitabank OJSC](https://www.tamtam.ai/c/rabitabank-ojsc) (rabitabank.com)<br>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 Education](https://www.tamtam.ai/c/elm-v-t-hsil-nazirliyi-the-ministry-of-science-and-education) (edu.gov.az)<br>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 Group](https://www.tamtam.ai/c/avrora-group) (avrora.az)<br>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 University](https://www.tamtam.ai/c/ada-university) (ada.edu.az)<br>Higher education institution offering diverse programs in public affairs, business, IT, and education with focus on research and ethics. | Higher Education | 🇦🇿 Baku | 806 |  |
| 30 | [Azerbaijan State Oil and Industry University • ASOIU](https://www.tamtam.ai/c/azerbaijan-state-oil-and-industry-university-asoiu) (asoiu.edu.az)<br>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 Bank](https://www.tamtam.ai/c/xalq-bank) (xalqbank.az)<br>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 Polymer](https://www.tamtam.ai/c/socar-polymer) (socarpolymer.az)<br>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 Karyera](https://www.tamtam.ai/c/socar-karyera) (socar.az)<br>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 | [Expressbank](https://www.tamtam.ai/c/expressbank-baku) (expressbank.az)<br>A leading bank providing modern banking services with a strong financial performance, operating in multiple locations across the country | Banking | 🇦🇿 Baku | 730 | 1989 |
| 35 | [1996](https://www.tamtam.ai/c/1996) (linktr.ee)<br>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 Electronics](https://www.tamtam.ai/c/baku-electronics) (bakuelectronics.az)<br>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 | [irshad](https://www.tamtam.ai/c/irshad) (irshad.az)<br>Tailored solutions custom-made for you | Computers and Electronics Manufacturing | 🇦🇿 Baku | 695 | 2000 |
| 38 | [PASHA Insurance OJSC](https://www.tamtam.ai/c/pasha-insurance-ojsc) (pasha-insurance.az)<br>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 AQS](https://www.tamtam.ai/c/socar-aqs) (socar-aqs.com)<br>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 University](https://www.tamtam.ai/c/azerbaijan-medical-university) (amu.edu.az)<br>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 Agentliyi](https://www.tamtam.ai/c/dost-agentliyi) (dost.gov.az)<br>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 CJSC](https://www.tamtam.ai/c/avromed-company-cjsc) (avromed.az)<br>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 Şəbəkəsi](https://www.tamtam.ai/c/oba-marketl-r-s-b-k-si) (oba.az)<br>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 Agency](https://www.tamtam.ai/c/dovl-t-m-sgulluq-agentliyi-state-employment-agency) (dma.gov.az)<br>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 |  |
| 45 | [Khazar University](https://www.tamtam.ai/c/khazar-university) (khazar.org)<br>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 OJSC](https://www.tamtam.ai/c/azerenerji-ojsc) (azerenerji.gov.az)<br>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 School](https://www.tamtam.ai/c/landau-school) (landauschool.com)<br>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 OJSC](https://www.tamtam.ai/c/ateshgah-insurance-ojsc) (ateshgah.com)<br>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 | [Aztelekom](https://www.tamtam.ai/c/aztelekom) (aztelekom.az)<br>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 Azerbaijan](https://www.tamtam.ai/c/az-rbaycan-respublikas-n-n-m-rk-zi-bank-central-bank-of-the-republic-of) (cbar.az)<br>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 |

## 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.

## More company lists in Azerbaijan

- [Critical infrastructure operators in Azerbaijan](https://www.tamtam.ai/l/critical-infrastructure-operators-azerbaijan) (44)
- [Retail chains in Azerbaijan](https://www.tamtam.ai/l/retail-chains-azerbaijan) (42)
- [Companies with a mobile app in Azerbaijan](https://www.tamtam.ai/l/companies-with-mobile-app-azerbaijan) (38)
- [Public sector organisations in Azerbaijan](https://www.tamtam.ai/l/public-sector-organisations-azerbaijan) (36)
- [Financial services firms in Azerbaijan](https://www.tamtam.ai/l/financial-services-firms-azerbaijan) (27)

## The same list elsewhere

- [The largest companies in the world](https://www.tamtam.ai/l/largest-companies-in-the-world) (415,122)
- [The largest companies in Asia](https://www.tamtam.ai/l/largest-companies-in-asia) (36,080)

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Source: https://www.tamtam.ai/l/largest-companies-azerbaijan