French Company Announces Exit From Azerbaijani Market

2025-04-11 07:07:24

(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 11. The representative office of the French company Schneider Electric Industrie SAS in the Republic of Azerbaijan is officially closing, Trend reports.

The company made the announcement itself, but it has kept its cards close to its chest regarding the reason behind the decision.

The company stated that creditors may submit their claims within two months to the below address:

22 Garabagh street, apt .22, Narimanov District, Baku AZ1008, Azerbaijan.

Reports about the company possibly packing its bags and leaving the Azerbaijani market had been making the rounds last year.

The company was officially registered in Azerbaijan in 2009. The legal representative of its branch in Azerbaijan is Pierre Levêque.

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