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Armenian Metallurgy On New Level

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  • Armenian Metallurgy On New Level

    ARMENIAN METALLURGY ON NEW LEVEL

    Pres. Kocharian Stated

    Azg/am
    27 Oct 04

    Number of enterprises operating in Armenia increased this year. The
    Neolita stone-working factory and Energokomplex Ltd. and Armenian
    Molybdenum Production Complex are among those new. Pres. Robert
    Kocharian stated after visiting the Complex that it releases products
    of high quality.

    The Neolita stone-working factory operates due to Russian-Armenian
    Yuri Sarkisianâ~@~Ys investment of $2 million and 100 thousand. Yuri
    Sarkisian, shareholder of 75 per cent of shares of the factory, assured
    that the production will increase in near future and they will begin
    cutting onyx in Artsakh soon. The production of the factory is being
    exported to Russia and USA. Sarkisian is going to open a furniture
    store in Yerevan but the market needs to be inspected yet.


    Yuri Sarkisian explains his desire to invest in the economy of Armenia
    not only with the fact that he is Armenian and Armeniaâ~@~Ys liberal
    tax laws but also Pres. Kocharianâ~@~Ys report on business given to
    Armenian businessmen in St. Petersburg.

    Speaking of the Energokomplex Ltd. and Armenian Molybdenum Production
    Complex, Pres. Kocharian noted that the state has created good
    environment for scientific progress and has removed all obstacles
    on the way of producers. The factory has a wide range of production
    and is engaged in carrying out orders (making anti-radiation locks)
    of European Center of Atomic Research within the structure of MAGATE.

    Head of the factory Karen Karapetian said that the factory produces
    12 thousand tones of copper and they are going to double the
    result. Products of the factory are exported to Japan, Germany,
    Sweden, Italy and Austria.

    Today the factory needs 100 employees. Robert Kocharian said that
    the state is going to fully apply the scientific potential in order
    to export products of high quality molybdenum.

    By Nana Petrosian





    --Boundary_(ID_5/onH5HZG7SHlMjJvKTM1w)--
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