"khazar İnshaat Shirketi" Llc

What "khazar İnshaat Shirketi" Llc does

Khazar İnshaat Shirketi LLC is a private, for-profit Azerbaijani company operating in the materials handling equipment sector. The company supplies, rents, repairs, and services forklifts, pallet trucks, and warehouse lifting equipment for industrial and commercial clients. It is headquartered in Baku, Azerbaijan, and maintains a web presence at forklift.az. Despite the literal translation of its corporate name ("Khazar Construction Company"), the company's stated operational focus is on warehouse and industrial lifting equipment rather than general construction contracting.\n\nThe business model combines multiple revenue streams typical of a regional equipment dealer-renter: capital equipment sales (supply), recurring rental income from short- or long-term equipment hire, and aftermarket service revenue from repairs and maintenance contracts. This asset-heavy structure requires an inventory of forklifts and pallet trucks together with a technical service workforce, and the bundled supply-plus-service offering provides a degree of customer stickiness through installed-base relationships.\n\nThe available data is limited to basic company identification fields. No revenue, headcount, customer composition, pricing, partner relationships, funding history, or strategic moves are documented, and the company's website returned only a loading state during data collection. As a result, assessment of competitive positioning within Azerbaijan's materials handling segment, market share, and customer profile is constrained, and any analytical conclusions beyond the functional description above carry low confidence.

Name

"khazar İnshaat Shirketi" Llc

Website

https://forklift.az

Company type

Private

Short description

Khazar İnshaat Shirketi LLC is an Azerbaijan-based, private materials handling equipment company that supplies, rents, repairs, and services forklifts, pallet trucks, and warehouse lifting equipment for industrial and commercial clients in Baku.

Ownership category

akta.pro rank

Product category

Material Handling Equipment Rental & Services

NAICS

Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing (53241), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (811310), Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537), Construction, Mining & Materials Handling Machinery & Equip (3530), Wholesale-Machinery, Equipment & Supplies (5080)

akta.pro primary industry

Material Handling Equipment Rental/Leasing (Forklifts, Telehandlers, Reach Trucks) (TLABAFAF)

akta.pro secondary industries

Crane & Hoist Installation, Inspection & Maintenance Services (IMAHAJAM), Lifting Attachments & Material Handling Accessories (Fork Attachments, Slings, Rigging) (IMAHABAJ)

Keywords

• Material handling equipment
• Forklift rental
• Warehouse lifting equipment
• Pallet truck supply
• Industrial equipment services

Headquarters

HQ city

Baku

HQ country

Azerbaijan

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel

Core offering

Khazar İnshaat Shirketi LLC supplies, rents, repairs and services forklifts, pallet trucks, and warehouse lifting equipment. The company acts as an equipment provider and service operator for industrial material-handling needs, combining equipment distribution, rental, and after-sales repair services.

Differentiator

Problem solved

Functional benefit

Products and services

• Forklift Supply and Sales Sale and supply of forklifts to industrial and warehouse customers in Azerbaijan.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights1 record

Broad incumbents

• KION Group: Parent company of Linde, STILL and other forklift brands with integrated supply, rental and service businesses across multiple geographies. Comparable as a broad incumbent operating the same multi-line material handling model.
• Toyota Material Handling: World's largest forklift OEM and operator of authorized dealer networks handling sales, rental and service. Highly comparable as it offers the full supply + rental + service stack in the same equipment category.
• Manitou Group: Material handling and aerial work platform manufacturer serving construction and industrial markets. Comparable as it supplies lifting and material handling equipment and supports it via dealer/service networks analogous to Khazar's.
• Mitsubishi Logisnext: Asian-headquartered material handling group (Mitsubishi, UniCarriers, CAT lift trucks) with global dealer networks. Comparable because it sells, rents and services forklifts and warehouse equipment through regional distribution partners — directly paralleling Khazar's model.
• Crown Equipment: Privately held US-based forklift and warehouse equipment manufacturer with a direct dealer/service network. Comparable as it offers forklifts and material handling equipment through regional partners covering sales, rental and service.
• CLARK Material Handling: Long-established global forklift brand operating through independent dealer networks. Comparable because dealers typically provide sales, short-term rental and service of CLARK forklifts — the exact combination of activities that defines Khazar Insaat's business.
• Jungheinrich: European intralogistics OEM and one of the largest direct-rental forklift operators globally. Comparable because Jungheinrich combines new equipment sales, a large short-term rental fleet and an extensive service network — mirroring Khazar's three-line model at much larger scale.
• Hyster-Yale Materials Handling: Global forklift OEM (Hyster, Yale) with independent dealer networks providing sales, rental and service. Comparable because it competes in the same product category and uses the same indirect, dealer-led go-to-market model that Khazar Insaat operates within.
• Linde Material Handling: Global forklift OEM with a worldwide dealer and service network that competes with any regional forklift distributor/renter. Comparable because it sells, rents and services the same core equipment category (forklifts and warehouse trucks) that Khazar Insaat supplies.
• Doosan Industrial Vehicle: Korean forklift OEM with a growing global footprint in emerging markets. Comparable as a broad incumbent offering forklifts via dealer/distributor arrangements that often bundle supply, rental and aftersales service.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat2 records

Key risks6 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

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