AF Holding Internationalis one of thelargestconglomerate companies inAzerbaijan.The company has offices and activities inBaku,MoscowandLondon.AF Holding is active in business sectors of construction, production, property, retail and tourism which are based in various countries.[1]

AF Holding International
Company typePrivate
IndustryConglomerate
Founded1991
FounderAzay Mohnatov
HeadquartersMoscow,Russia
Area served
Baku,Moscow,London
Key people
Azay Mohnatov (Founder and President)
ProductsConstruction,Production,Property,Retail,Tourism
Websiteafholding

Business areas

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Construction

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AF Construction is the division of AF Holding for buildingresidentialbuildings for the company itself and consists of companies which are: Ugur 97, Everton Int. and Muradli Construction companies.

Finance

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AF Bank is the previous name ofVTB BankAzerbaijan which is now controlled with 51% majority stake byVTB Bank.

Production

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AF Production is the division of AF Group which is active in industry of producingPlasticproducts and consists of AFSAN Plastics, AF PEN (PVC doors and windows) and other factories.[2]

Property

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AF Property is thereal estatedivision which is responsible for developing the property business and manages a number of properties of AF Holding. It consists of properties and businesses such as: Euro Home construction marketplace chain, AF Business House (Office building) and AF Property Limited.

Retail

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AF Retail is responsible for managing retail properties including AF Mall, AF Com Center, AF Com Plaza and others.[3]

Tourism

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AF Tourism and Hotels is the division of AFHolding forhotelsandaqua parkswhich are:AF Hotel Group,Aqua Park Shikhov, Aqua Park Baku and others.

See also

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References

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