News

NEQSOL Holding finalizes payment for Ukraine’s UMCC

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 acquires one of the world’s largest titanium producers

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.

Peerstack Academy: A Groundbreaking IT Educational Platform by NEQSOL Holding

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 provides next training for Parla scholarship program

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 starts partnership with Udemy Business

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.

NEQSOL Holding warns of fraudulent posts in social media

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 Partners with BSIB to Support People with Autism

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.

NEQSOL Holding and Education Development Fund announce a scholarship program for female students

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 Holding announces strategic leadership appointments

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.

AzerTelecom and Kazakhtelecom signed agreement within Trans-Caspian Fiber Optic Project

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 and Ministry of Energy sign MoU for Construction of 400MW Solar Power Plant

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 provided humanitarian aid to Türkiye

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.

Glensol becomes bp’s major services provider

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.

Digital Silk Way project in the spotlight of Organization of Turkic States

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.

NEQSOL Holding receives ISO Risk Management System Certification

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.

NEQSOL Holding commented on its support for evacuation of Azerbaijani citizens from Ukraine

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.

NEQSOL Holding to host prestigious Capacity Caucasus & Central Asia 2022 event

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 delivered Strategic HR Business Partner Program for HR professionals

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 supported renovation of residential buildings and roads in Bina settlement

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 supported Azerbaijan Investment & Culture Summit

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.

NEQSOL Holding comments on its intent to purchase shares in Ukraine’s largest cement producer

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.

Vasyl Latsanych to lead NEQSOL Holding’s telecoms division

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’s group company announces pricing of US $500 million debut loan participation notes

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").