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.
News and Media
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 wins Brandon Hall Group Excellence Award for achievements in human capital management
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 becomes first cement producer in South Caucasus to receive API certification, launches oil-well cement production
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.
NEQSOL Holding and companies within the holding have implemented food assistance program to support low-income families during the special quarantine regime in Azerbaijan.
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 announces successful financing by J.P. Morgan Securities Plc and Raiffeisen Bank International A.G. and completion of the acquisition of 100% shares in Vodafone Ukraine
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.