Business of the Year 2010 prize award ceremony took place in the Gulustan Palace on 18th December. This award is a national prize in economy and business instituted by Consulting & Business Journal. It is the most prestigious award bestowed on representatives of economy and business which provides additional encouragement for the development of entrepreneurship. It is conferred on businessmen, state and public figures according to the results of their achievements in the field of consolidation of the national economy and application of world standards.
A pleasant fact is that Matanat A has been held its top position over several years. Adhering to the traditions of innovation and quality production in its sector, Matanat A wins once again the award in one of the nominations. According to the public opinion poll data the company was announced the Company of the Year having left behind all other companies of its sector in the Environmentally-friendly Nanotechnology-based Construction Materials nomination. Matanat A presented a video clip on the company activity to the event participants. Having received the award on behalf of the company, Tural Abbasly spoke of the success achieved by it and prospective objects. Matanat A was the first company in the construction sector of Azerbaijan which applied nanotechnology in the production process. Owing to this technology, the production process was enhanced and became more efficient in view of the environmental aspect. It should be noted that this is the third time Matanat A has received the national prize instituted by Consulting and Business Journal in certain nominations. In 2008, the company was announced the Business of the Year and in 2009 the national prize in the Brand of the Year nomination was awarded to its product AGDAG.