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Azerbaijan's companies take next step from regional players to global businesses

27 0
23.07.2026

When considering the position of the Azerbaijani economy on the global map, the picture that naturally came to mind for many years was one of incoming foreign investment, transnational corporations operating in the Caspian Sea, and massive oil and gas pipelines stretching westward from Baku. Situated at the crossroads of East and West, the country was primarily characterized as a hub for attracting international capital and exporting resources. However, fundamental shifts in recent years show that this tectonic landscape is being completely reshaped right before our eyes. Azerbaijan is rapidly transcending the role of a nation that merely absorbs foreign capital and sells its natural resources. Today, our national brands, including both state-owned and private corporations, are transforming into multinational entities that export capital, acquire global assets, and become direct players in the world’s most competitive markets. This is not just routine business expansion; it is a clear manifestation of Azerbaijan's strategy to carve out a new and ambitious position within the global economic architecture.

At the forefront of this historic process are the........

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