Over the past decade, Azerbaijan has become an important player in the world economy – Garant Holding has been a huge part of this progressive trend. Founded in 2005 by Anar Mammadov, Garant Holding began as a small company called ZQAN Holding Limited, changing its name in 2013. Within only a few years, this modest business has grown to become one of the most positive influences on the infrastructure and economic growth of Azerbaijan.
Garant Holding set out a vision: to create quality products and services, while improving the lives and economic stability of Azerbaijan as a whole. Under Anar Mammadov’s stewardship, the company has achieved this and more in as little as 9 years.
The primary strategy of Garant Holding has been to acquire and merge businesses to create more effective, profitable companies, while creating jobs and important institutional infrastructures in the process. Many of these companies have come from vastly different industries, highlighting the sheer scope of Garant Holding’s vision. Whether it has been a telecommunications service, a restaurant franchise, or a company producing building materials, Garant Holding has taken all of these businesses and made them stronger, more profitable, while nurturing positive growth.
It has not all been about profit, however. Anar Mammadov founded Garant Holding to be a beacon and champion of ethical business practices. Each subsidiary of the company is not left to its own devices, but is overseen and appraised on a regular basis, ensuring that they operate ethically, with diligence and in a positive manner for the Azerbaijan people.
As well as ethical considerations, Garant Holding has been a key player in promoting social responsibility. Working in tandem with political leaders and other successful businesses, the company has developed strategies to encourage all Azeris to work hard, respect each other, and to treat one another in a way which fosters community spirit and drives prosperity. This ties in to Grant Holding’s ethical business practices in general – the company leads by example.
Garant Holding is committed to not only better the lives of Azerbaijani citizens, but to organise closer business ties with other countries around the world. This will attract investment from third parties into Azerbaijan, creating jobs and further strengthening the country’s infrastructure. By encouraging investment in Azerbaijan, while making strong connections to reliable economies in the USA and in Europe, the future is indeed a bright one for Garant Holding and all of the Azeri people.