The largest retail chains in Azerbaijan are predominantly banking and retail companies, with a strong presence of established firms. Many of these companies were founded in the 1990s and early 2000s, indicating a period of significant economic development in the region. Key players include ABB, a leading bank in the Southern Caucasus, Azersun Holding, active in food production and retail, and Azercell Telecom LLC, a telecommunications leader.
Other notable companies include Kapital Bank, offering a wide range of banking services, Veyseloglu Group of Companies, recognized in the retail sector, and Araz Supermarket MMC, operating a network of supermarkets. A clear pattern is the concentration of headquarters in Baku, indicating the capital city as the primary business hub for these major Azerbaijani enterprises.
| # | Company | Employees | |||
|---|---|---|---|---|---|
| 1 |
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 |
4,499 | |||
| 2 |
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 |
4,307 | |||
| 3 |
Azersun Holdingazersun.com
A leading player in food production, retail, and farming sectors in Azerbaijan and beyond, emphasizing corporate social responsibility and cultural preservation |
3,172 | |||
| 4 |
Unibankunibank.az
Established bank offering global products and services tailored to local markets, prioritizing customer needs, high ethical standards, and social responsibility |
2,209 | |||
| 5 |
Azercell Telecom LLCazercell.com
Established in 1996, this telecommunications leader in Azerbaijan offers mobile services, innovative technologies, quality management systems, and international HR certifications |
1,704 | |||
| 6 |
Veyseloglu Group of Companiesveyseloglu.az
Recognized in Azerbaijan by Deloitte, awarded in the prestigious Best Managed Companies competition, distinguishing itself among winners |
1,573 | |||
| 7 |
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 |
1,555 | |||
| 8 |
Kontakt Homekontakt.az
A retail network specializing in digital appliances, household items, and furniture with a focus on quality products and professional customer service |
1,488 | |||
| 9 |
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 |
1,449 | |||
| 10 |
Bank Respublikabankrespublika.az
A leading player in Azerbaijan's banking sector, focused on supporting financial stability, empowering citizens and creating value for society |
1,443 | |||
| 11 |
Bravo Supermarket Azerbaijanbravosupermarket.az
A leading food retailer in Azerbaijan providing quality, fresh, and convenient products at competitive prices to enhance customers' daily lives |
1,323 | |||
| 12 |
AccessBank Azerbaijanaccessbank.az
Providing European-standard financial services to micro and small businesses and households, promoting economic development and financial inclusion in Azerbaijan. |
1,191 | |||
| 13 |
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 |
993 | |||
| 14 | 984 | ||||
| 15 |
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 |
943 | |||
| 16 |
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 |
846 | |||
| 17 |
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 |
756 | |||
| 18 |
Expressbankexpressbank.az
A leading bank providing modern banking services with a strong financial performance, operating in multiple locations across the country |
730 | |||
| 19 |
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 |
711 | |||
| 20 | 695 | ||||
| 21 |
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 |
606 | |||
Want more companies than this list?This page shows the largest ones only. Connect to Tamtam to see every company that matches, filter by size, industry or growth, and reach their decision-makers. | |||||
| 22 |
TuranBank OJSCturanbank.az
Established in 1992, providing banking services with multiple sales points, ATMs, and partnerships with various international financial institutions and money transfer systems |
552 | |||
| 23 |
Sinteks Group of Companiessinteks.com
A leading fashion retail group managing over 300 brands in fashion, jewelry, beauty, and household utilities stores, as well as brand coffee shops and concept stores |
542 | |||
| 24 |
AzerTurkBankatb.az
A state-owned bank founded in 1995 in Azerbaijan with multiple shareholders, offering banking services and insurance products |
525 | |||
| 25 | 513 | ||||
| 26 |
Bank VTB (Azerbaijan)vtb.az
An international bank in Azerbaijan offering a wide range of modern banking products and services, supporting businesses and facilitating economic cooperation with Russia |
429 | |||
| 27 |
Zeytun Pharmaceuticals MMCzeytunpharma.az
A leading pharmaceutical distributor in Azerbaijan, providing high-quality products and services to healthcare institutions and the general population nationwide |
419 | |||
| 28 |
Embawoodembawood.com
Specializing in modern furniture design, quality control, and customer service, the company offers a wide selection of products to international markets |
413 | |||
| 29 |
Bazarstorebazarstore.az
A leading Azerbaijani organization in food production and agriculture sector, with a strong presence and network of retail stores across the country |
379 | |||
| 30 | 295 | ||||
| 31 | 295 | ||||
| 32 | 289 | ||||
| 33 |
Nar (Azerfon)nar.az
Providing high-quality communication services to 22 million subscribers, maintaining leadership in customer loyalty index through affordable prices and superior service offerings |
272 | |||
| 34 |
Kaspi Educationkaspi.edu.az
A rapidly expanding educational organization with multiple branches and services including assisting students to study abroad and administering Cambridge English exams |
271 | |||
| 35 |
AL Marketalmarket.az
Retail store offering high-quality daily consumer goods at the best prices, providing a reliable destination for affordable shopping every day |
261 | |||
| 36 |
Azza Gastronomazza.az
Leading chain of pastry shops offering over 100 natural ingredient-based products, including cakes, pastries, desserts, and bakery items with exquisite design and exceptional service |
249 | |||
| 37 |
FINCA Azerbaijanfinca.az
Microfinance institution offering impactful financial services in Azerbaijan since 1998, specializing in loans for small businesses with an emphasis on agriculture lending |
238 | |||
| 38 |
Soliton LTD MMCsoliton.az
We implement the sales and post-sales services of famous global brands through our Biz Soliton store network |
219 | |||
| 39 |
ITALDIZAINitaldizain.az
Specializing in luxury furniture from European and American brands, this company offers a wide range of products including jewelry, tableware, and accessories |
198 | |||
| 40 |
Novco Group of Companiesmybrands.az
A retail and F&B group operating in Azerbaijan, Turkey, Georgia, and Uzbekistan, offering high-quality fashion brands and food & beverage services |
187 | |||
| 41 |
Blue Planet Distribution LLCblueplanet.az
A retail company specializing in sports and luxury retail, holding franchise licenses for popular brands and running luxury stores and discount shopping projects |
141 | |||
| 42 |
Azerbaijan Industrial Insurance OJSC / Azərbaycan Sənaye Sığorta ASCaiic.az
Established in 1996, the company offers a wide range of voluntary and compulsory insurance services with over 30 representations and sales centers |
62 | |||
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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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- The largest companies in Azerbaijan 209
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- Companies with a mobile app in Azerbaijan 38
- Public sector organisations in Azerbaijan 36
- Financial services firms in Azerbaijan 27
The same list elsewhere
- Retail chains in the world 35,499
- Retail chains in Asia 2,762