Garant Holding was founded in 2005 by the Azerbaijan businessman and philanthropist Anar Mammadov. Created with an initially modest investment, the company quickly grew through a series of strategic and well-timed acquisitions and mergers, turning it into one of the most exciting and effective investment companies in all of Azerbaijan. What’s most impressive about Garant Holding is its continual commitment towards investing in businesses which will benefit the people of Azerbaijan, by creating jobs, encouraging prosperity, and potentially improving the lives of thousands of people.
The range of businesses which Garant Holding has acquired and invested in is staggering. What makes the company such an attractive prospect is that it has managed to maintain a large number of successful business models throughout very different industries. Many companies specifically focus on one type of business, but through the acquisitions made by Anar Mammadov, the company has been able to take part in a number of different ventures and industries, while still seeing massive growth throughout the company and its infrastructure.
By 2014, Garant Holding had amassed 18 subsidiaries and 29 brands or franchises. These have included such varied industries as:
- Restaurant Ownership
Anar Mammadov has sought to improve many different aspects, through charities such as the Azerbaijan America Alliance. He has also ensured that Garant holding does everything it can to maintain and promote levels of social responsibility. This involves encouraging not just employees, but everyone involved across all businesses attached to the company to maintain a level of social responsibility where individuals care about those around them, work hard, show respect to their fellow workers and communities, and really help positively affect those around them. This is not often seen in the modern business world as many businesses are often only concerned with their profit margin and nothing more, yet Garant Holding continues to be profitable, and manages to balance this with ethical business practices which genuinely do no harm, and often actually improve many people’s lives.
By employing approximately 7000 people, the company has had an impact beyond profit. That being said, Garant Holding still continues to work closely with many different people throughout the business world, to create economic opportunities for the Azerbaijan community and the company’s investors. Garant Holding has achieved much, but with continued growth, it seems clear that the best is yet to come.