Three Foreign Companies Announce Curtailment of Activity in Azerbaijan
2017 November 10 ( Friday ) 11:50:20
Baku / 10.11.17 / Turan: The Netherlands company Witteveen + Bos Azerbaijan B.V. announced the closure of the representative office in Baku. This week two more companies have announced the termination of their activity in Azerbaijan.
The company Witteveen + Bos Azerbaijan B.V. took part in the construction of the new Baku sea port in the village of Alat, as well as the cleaning and reconstruction of Lake Boyuk Shor in Baku, the cost of which is estimated at hundreds of millions of dollars. The representative office of the company operated in Baku since 2014.
Bushi Consulting Limited is a resident of the Virgin Islands (Britain). A branch of the offshore company was opened in Baku in late December 2008. Its owner and operations in Azerbaijan are unknown.
LLC Hagavi Company with the capital of 10 manat was established by a non-resident Hamid Hajavi Ebrahim in Baku in September 2016. There is no information about the activities of this company. In total, 16 local and foreign companies hve announced their liquidation this week. -----08D