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Azerbaijan’s FMO Group talks reasons for decline in demand for rental plungers for sandwich panels

Business Materials 20 August 2019 19:09 (UTC +04:00)

Baku, Azerbaijan, Aug. 20

By Matanat Nasibova – Trend:

FMO Group, an Azerbaijani company providing services in the construction sector, notes a significant decrease in demand for their services, the company told Trend.

It was noted that there is a decrease in demand for rental plungers for oval glasses and sandwich panels.

“The main reason for this is the decrease in activity in the construction market, which has been observed over the past two to three years. If the decline was at 30 percent last year, it reached 50 percent from the beginning of this year. Meanwhile, our products are of a high quality, being imported from Germany and Turkey,” the company said.

According to the company, the number of calls to the company for the rental of plungers on average does not exceed 1-2 times per day.

"This is a very low indicator, compared to the previous two years," the company said.

FMO Group noted that the number of requests regarding the provision of installation and dismantling services has significantly decreased.

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