PROBLEMS OF ENTERPRISES OF SUMGAYIT AND WAYS OF ECONOMIC DEVELOPMENT OF PROCESSING ENTERPRISES

One of the strategic goals of our country's economic development is to overcome its dependence on oil in the modern era. It means to achieve steady and sustainable economic development of the processing industry of our country. There are still some problems in the processing industry of Azerbaijan. The most important of these problems is that the competitiveness of the processing industry still does not have the required level of development. As the current state of processing industry enterprises and the technological level of their productioneconomic activity do not fully meet the possibility of producing a product that meets the market's needs. Therefore, ensuring competitiveness of Azerbaijani processing industry enterprises, including processing industry enterprises in Sumgayit has been identified as an actual problem.