French company Axon Cable is a wiring systems designer and a manufacturer of electronic components, including cables and connectors. Established in 1965, today the company focuses on niche markets, such as servicing space, medical, automotive, telecommunications, energy and military industries.
The manufacturing facility in Latvia produces for aircraft giants Airbus and Boeing, among other clients. In its fifteenth year of operations in Latvia, the company’s annual turnover for this facility in 2014 was 24 million euro. The educated labor force, especially with their knowledge of English and Russian languages, coupled with the support from the Investment and Development Agency of Latvia (LIAA) made an impression on the company.
Axon Cable General Manager Alain Guenon who leads the operations in Latvia notes, “Our first contact with LIAA was very positive. They helped us to discover Latvia.”