Azerbaijan's IT company halts plans to assemble printers
Baku, Azerbaijan, Sept. 20
By Huseyn Veliyev – Trend:
The IT company of Azerbaijan - CRM Group LLC has scrapped plans for the assembly of printers in the country, the company told Trend.
The reason is that the company was not able to get necessary benefits from the state, Trend was told.
"We held negotiations with a number of European companies that were ready to deploy a production line in the country. Meetings were also held with the public sector. However, they did not give a tangible result, and we had to think about the implementation of this goal in other countries - Georgia, Turkey and Russia. In these countries, in addition to hardware platforms, we will also develop our software. We had to re-allocate for other purposes the planned investment in the amount of 20 million manats for the development of business for the production of printers," the company said.
These markets create more favorable conditions for business development, the company said. In particular, as of today, the company has already been implementing a number of projects in Turkey.
"Now we are working on the development of software of global scale. This refers to software platforms for the financial sector. Our plans to deploy the assembly of smartphones in Azerbaijan also have not been successful, which is also due to the lack of preferences that would allow us to import the necessary components into the country. The fact is that the lack of benefits does not allow to introduce the product to the market at a competitive price, which, of course, is unprofitable from the point of view of doing business," the company said.
Currently, the company produces cartridges for printing devices under the Azerbaijani brand AzToner, which are supplied to a number of government agencies.
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