Azersun Holding MMC (Azerbaijani: Azərsun Holdinq MMC) is an Azerbaijani conglomerate that operates in the food production, retail, and farming sectors primarily in Azerbaijan but also in other CIS countries and the Middle East. Azersun is the largest food producer and exporter in Azerbaijan (with 28 food brands produced) and also engages in the trade of paper and packaging.[2][3]
The company does not publish information about its ownership, but Abdolbari Goozal is listed on the company's website as founder and owner.[4][5]
History
Shortly after the Soviet Union collapsed, the former socialist countries, including Azerbaijan, have geared their economies towards integration into a free market economy.[2] Obsolete technologies and floundering industrial units, inherited from the system of centralized socialist economy, did not meet the requirements of the free market economy.