The award was founded by magazine Consulting&Business in 2006. It stimulates development of business activity in the country, attracting attention of world business community to the best companies and helping to establish relations with foreign partners.
The most dynamical players in the Azerbaijan market are awarded with the national award «Company of the year» and the award allows to note successful activity of those that has had time to use the advantages of the developed economic situation, has foreseen the basic tendencies of development of the Azerbaijan economy. Obtaining the award «Company of the year» is not only indicative encouragement of successful activity, but also stimulus for the further growth and development. The award gives reference points to the Azerbaijan business community, specifying those companies which today form new shape of domestic economy.