Holcim Azerbaijan OJSC is one of the largest cement and clinker producers in Azerbaijan.
LafargeHolcim, the world`s most advanced group in the building materials industry, acquired a controlling stake in Holcim Azerbaijan, formerly Garadagh OJSC, during a privatization process in 1999.
Today, LafargeHolcim owns more than 80 percent of the company’s share capital and provides managerial, technical and commercial resources.
Around 40 percent of the cement market in Azerbaijan accounts for Holcim Azerbaijan’s products.
Holcim Azerbaijan’s shareholders are LafargeHolcim (66 percent), EBRD (10 percent), Holcim Auslandbeteiligungs GmbH (10 percent), and individuals (14 percent).
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