U.S. - AZERBAIJAN CHAMBER OF COMMERCE

October 25 - November 01, 2004

 

 


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Siemens Establishes A Subsidiary In Baku

Siemens AG has established a subsidiary company in Azerbaijan. The company will mainly be developing the sale of equipment and services to cellular network operators and corporate clients, the general director of the local subsidiary, Mr. Samir Akhundov announced at a press conference on Friday.

Siemens LLC is looking to expand business with private and public entities, and work with major companies interested in establishing telephone networks.

Siemens opened its representation in Azerbaijan in 1998. Siemens' history in Azerbaijan dates back to 1864, when the company worked in the development of Azerbaijan's metals and electric power industries.

Source: Interfax Azerbaijan

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The US - Azerbaijan Chamber of Commerce (USACC) seeks to promote trade and investments between the United States and Azerbaijan by rendering various business services.  USACC actively seeks U.S. and international investments and companies whose products and strategic interests can be advanced in the Azerbaijani market.  It also serve as a liaison between foreign companies and Azerbaijani businesses and government officials. To learn more about USACC, please visit www.usacc.org