Azerbaijani construction market shrinking

Business Materials 19 March 2019 09:42 (UTC +04:00)

Baku, Azerbaijan, Mar. 19

By Matanat Nasibova – Trend:

The demand for the rental of plungers for oval glass and sandwich panels offered by the Azerbaijani company FMO Group has dropped significantly, the company told Trend.

According to the source, the main reason for this is the situation in the construction market of the country.

"At present, the construction market in Azerbaijan has significantly lost ground. Compared to the previous two or three years, construction rates in Azerbaijan have fallen, and as such, this has affected the service sector. People have started to ask for renting plungers less frequently due to a lack of demand. For example, recently there was even a month when only one person asked for renting plungers for oval glasses,” the company said.

The decline in activity in the construction market has also had a negative impact on the company's installation and dismantling services.

It was noted that the number of calls to the company for these types of services have also declined significantly.

"We carry out installation and dismantling work not only domestically, but also abroad," the company said.