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Azerbaijani company sees decline in demand for rental of air release valves

Business Materials 7 May 2019 20:59 (UTC +04:00)

Baku, Azerbaijan, May 7

By Matanat Nasibova - Trend:

FMO Group, an Azerbaijani company providing services in the construction sector, notes a significant decrease in demand for the rental of air release valves for sandwich panels, a source at the company told Trend.

According to the source, the main reason for the decline is a decrease in activity in the construction market.

"Compared to the last two years, the scope of work in the construction sector has decreased noticeably. Accordingly, the demand for services in this market segment has dwindled. The number of appeals to the services sector, which our company is involved in, has also decreased significantly, especially with regard to the rent of air release valves for oval glass and sandwich panels," the source said.

This figure fell by 30-40 percent, according to the source.

The source noted that air release valves for oval glass and sandwich panels are imported by FMO Group from Germany and Turkey with the aim to use them in the local consumer market.

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