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EUROTERM STARTS PRODUCTION OF GAS WATER HEATER
ArmenPress
Oct 13 2004
YEREVAN, OCTOBER 13, ARMENPRESS: Armenian prime minister Andranik
Margarian paid a visit on Tuesday to Euroterm company that has launched
production of gas water heaters together with a South Korean Lote
company. A company representative said water heaters will be first sold
at domestic markets and later to CIS and Middle East countries. The
South Korean company has invested $500,000 in the manufacturing of
heaters and a little more was invested by the Armenian company.
The deal followed a 12 month sale of South Korean company's products
in Armenia by Euroterm. The company assembles daily 50 heaters from
parts brought from Korea, later they will be manufactured here.
ArmenPress
Oct 13 2004
YEREVAN, OCTOBER 13, ARMENPRESS: Armenian prime minister Andranik
Margarian paid a visit on Tuesday to Euroterm company that has launched
production of gas water heaters together with a South Korean Lote
company. A company representative said water heaters will be first sold
at domestic markets and later to CIS and Middle East countries. The
South Korean company has invested $500,000 in the manufacturing of
heaters and a little more was invested by the Armenian company.
The deal followed a 12 month sale of South Korean company's products
in Armenia by Euroterm. The company assembles daily 50 heaters from
parts brought from Korea, later they will be manufactured here.