PASHA Development LLC was formed as a limited liability company on 12 June 2012 and operates in accordance with laws and regulations of the Azerbaijan Republic. The Company, its subsidiaries and jointly controlled entities are involved in real estate acquisition, development and management and related activities. The Company's immediate parent company is "PASHA Holding" LLC.
Established in 2010, Synergy Group is one of the largest private investment companies in Azerbaijan. Synergy Group successfully operates a dynamic portfolio, with diverse and growth-oriented businesses in non-oil sector. Synergy Group’s multi-sector portfolio consists of large-scale investments in the following areas: manufacturing, construction, ICT, agriculture, hospitality, education, health care and banking. Most of the businesses operate outside of Baku; and thereby, strongly contribute for enhancement of economic and social development of regions in Azerbaijan. Investment strategy of Synergy Group is based on achieving long-term growth by ensuring high returns on capital.