Vodafone Ukraine, part of NEQSOL Holding, and Vodafone Group will soon begin construction of a new high-capacity submarine cable system in the Black Sea that will establish a cutting-edge digital corridor between Europe and Asia.
NEQSOL Holding, in partnership with the Education Development Fund (TIF), announced the graduation of the second cohort of the PARLA Female Students Scholarship and Development Program, an initiative supporting women’s education and professional development in Azerbaijan.
Launched in April 2025, “Peerstack Academy” has quickly gained an important position in the IT education field in Azerbaijan. Out of the applications submitted, 80 students have already been selected and successfully joined the learning process, continuing their intensive studies.
A new state-of-the-art school, funded by NEQSOL Holding, has been constructed and officially inaugurated in the Hokmeli settlement of the Absheron District, Azerbaijan. The project, financed as part of NEQSOL Holding’s Corporate Social Responsibility (CSR) strategy, reflects the Group’s long-term commitment to advancing education and creating opportunities for future generations.
NEQSOL Holding has been honored with a Gold Award at the prestigious Brandon Hall Group HCM Excellence Awards 2025, recognizing the impact of its Leadership Journey Program (LJP) Alumni Association.
NEQSOL Holding has been named a winner at the 2025 Stevie® Awards for Great Employers, earning Gold and Silver recognition for its PARLA Scholarship and Development Program for female students, implemented in cooperation with the Education Development Fund. The holding received Gold in Achievement in Extended Enterprise Learning Programs and Silver in Achievement in Diversity and Inclusion.
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 support NEQSOL Holding’s 2025 strategic vision.
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.
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 lives.
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.
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.
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 made by them are completely fraudulent.
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.
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 fostering innovation and empowering HR communities.
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.
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.
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 Budget, as confirmed by the State Property Fund of Ukraine.
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.
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 tech talents within Azerbaijan.
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 Holding organized a masterclass in Baku for the winners of its educational support program named “Parla” on the topic of studying abroad.
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.
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 platform. In addition to categories ranging from business to design, IT to music, and health to personal development, Udemy offers unique enhancement opportunities designed to help career advancement, personal and professional growth.
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 investment scheme of the holding, but is in fact a harmful phishing website.
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.
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.
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.
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 cooperation on programs and projects to enhance the education system as well as create and implement a long-term scholarship program for female students.
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 threats and best practices.
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.
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 Holding.
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 milestone in the project, as it represents the collaborative efforts and actions of the parties towards its finalization.
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 local use. This collaboration signifies an important milestone in advancing sustainable energy solutions and fostering environmental stewardship.
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.
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.
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.
Bakcell has announced the appointment of Salvador Anglada as new member of the company’s Board of Directors.
NEQSOL Holding continues its support to Türkiye to eliminate the consequences of the devastating earthquake.
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.
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.
Bakcell announces the appointment of Klaus Mueller as Chief Executive Officer.
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.
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.
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.
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.
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 Samarkand, Uzbekistan on October 25.
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 in Astana.
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.
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.
NEQSOL Academy applies Gamification which is a new trend in eLearning industry, and is certainly a best practice for such services.
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 and creates a stimulus to continuous improvement and sustainable development of experience.
In Azerbaijan, an energy and transport center of the region, large infrastructure projects are being implemented to transform the country into a digital center.
NEQSOL Holding launched the Leadership Journey Program for its senior managers to encourage them to further self-development and improvement of leadership skills.
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.
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 the Azerbaijani embassies and consulates in Ukraine and neighboring countries, as well as the Honorary Consulate of Ukraine in Azerbaijan.
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, highlights the region’s role in global digital transformation and growth.
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 40 HR professionals from all over the group companies.
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 government officials and representatives of diplomatic corps.
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 the Khazar District Executive Power initiative.
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.
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 Holding pursues a strategy of creating a leading player in the cement industry in Central and Eastern Europe.
NEQSOL Holding will allocate funds for the reconstruction and restoration of the Gazakh Teachers Seminary as part of the project led by ADA University.
NEQSOL Holding has launched a new collaboration between its digital learning & engagement platform, NEQSOL Academy, and the internationally acclaimed online course provider, LinkedIn Learning.
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 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.
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.
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.
NEQSOL Holding continues successful implementation of the international standards and best practices in the realms of compliance.
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.
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 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.
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 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.
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 million of 6.20% loan participation notes due 11 February 2025 (the "Notes").
NEQSOL Holding and companies within the holding have implemented food assistance program to support low-income families during the special quarantine regime in Azerbaijan.
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 Bank International A.G.