*NEWS*XEROX CENTRAL ASIA GREW 17% IN 05

[Anonymous]

Xerox turnover in Central Asia grows 17% in 2005
March 06 – Xerox turnover in Central Asia grew 17% to around $19 million in 2005, Gennady German, head of the company’s Central Asian and Caucasus division, said at a press conference on Thursday in Almaty.
“The main achievements last year were a growth in sales of black and white printers, color laser printers, multi-functional laser printers and wide-format plotters,” he said.
Xerox sales in Kazakhstan accounted for approximately 80% of the company’s total turnover in Central Asia last year, German said. “We think that Kazakhstan is the most important market of all the countries in the region, therefore we are planning a higher turnover growth rate this year than the average for the entire region,” he said.
Xerox turnover in the Caucasus rose 10% to $3.5 million in 2005, German said.
Sales of multi-functional equipment will also grow at a fast rate this year by pushing similar copiers and bubble jet printers to lower market segments. The growth rate for color printer sales will be higher than for black and white printers because of the growth in demand for products printed in color. The growth in sales for network printers and multi-functional devices will be high because of a growth in demand caused by bigger enterprises and the appearance of new working groups, he said.Xerox is planning to increase its turnover in Central Asia and in the Caucasus by 25% in 2006 considering the market prospects, German said.

[Author]

March 8, 2006 at 11:14 AM