Top 10 Companies in Turkmenistan

Top 10 Companies in Turkmenistan

1. Türkmengaz

• Industry: Natural gas production and distribution
• Market Influence: Turkmenistan’s largest natural gas company, responsible for over 90% of the country’s gas exports
• Notable Achievements: Largest gas field in Central Asia (South Yolotan-Osman), major gas pipelines to China and Russia

2. Türkmennebit

• Industry: Oil production and refining
• Market Influence: Turkmenistan’s leading oil company, responsible for most of the country’s oil production
• Notable Achievements: Operates the country’s largest oil refinery, produces a range of petroleum products

3. Türkmenhimiya

• Industry: Chemical production
• Market Influence: Major producer of fertilizers, plastics, and other chemicals
• Notable Achievements: Largest fertilizer producer in Central Asia, exports to neighboring countries

4. Türkmenawtoulag

• Industry: Automotive manufacturing
• Market Influence: Turkmenistan’s only automotive manufacturer, produces a range of vehicles including buses, trucks, and cars
• Notable Achievements: Partnered with foreign manufacturers to produce vehicles under license

5. Türkmenhaly

• Industry: Carpet manufacturing
• Market Influence: Leading carpet producer in Turkmenistan, known for its traditional designs
• Notable Achievements: Exports carpets to over 50 countries, recognized for its artistic and cultural significance

6. Türkmentelekom

• Industry: Telecommunications
• Market Influence: Dominant telecommunications provider in Turkmenistan, offers a range of services including mobile, internet, and fixed-line services
• Notable Achievements: Expanded fiber optic network to improve connectivity, launched 5G mobile services

7. Türkmen Airlines

• Industry: Air transportation
• Market Influence: Turkmenistan’s national airline, connecting the country to over 20 destinations worldwide
• Notable Achievements: Modernized fleet, introduced new routes to major cities

8. Türkmengap

• Industry: Construction
• Market Influence: Leading construction company in Turkmenistan, involved in major infrastructure projects
• Notable Achievements: Built the country’s largest stadium, constructed residential and commercial buildings

9. Türkmendenizderyayollary

• Industry: Shipping and transportation
• Market Influence: Provides maritime transportation services in the Caspian Sea
• Notable Achievements: Operates a fleet of tankers, cargo ships, and passenger ferries

10. Türkmenawtoulag

• Industry: Automotive manufacturing
• Market Influence: Turkmenistan’s second-largest automotive manufacturer, produces a range of buses, trucks, and cars
• Notable Achievements: Partnered with international manufacturers, produces specialized vehicles for the oil and gas industry