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BISNIS Search for Partners: Investment Opps in Armenia - 04/13/2005

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  • BISNIS Search for Partners: Investment Opps in Armenia - 04/13/2005

    Investment Opportunity in the Republic of Armenia

    BISNIS Search for Partners
    13 April 2005

    BISNIS publishes Search for Partners leads to help U.S. companies find
    partner and investment opportunities in the expanding markets of the
    former Soviet Union. To receive Search for Partner leads regularly,
    email BISNIS at [email protected] or call (202) 482-4655. To search
    previously published Search for Partner leads online, visit
    www.bisnis.doc.gov/bisnis/searchfpart.cfm.

    This issue of BISNIS Search for Partners includes opportunities in:
    - Construction Materials (drywall)

    ************************************************** ********
    Industry: Construction materials (drywall)

    Company: Shen Concern

    Country: Armenia

    Shen Concern seeks a U.S. partner to establish a production facility for
    dry wall. It will contribute its all existing production facilities,
    well-established distribution channels, as well as financial investment
    of $300,000 (USD).

    For this project, it seeks an American partner who would provide
    equipment for the production of dry wall as well as financial investment
    of approximately $200,000 (USD).

    The company has already successfully utilized BISNIS Search For Partner
    Program and secured a partnership with a U.S. company for a separate
    project.

    In late 2004, the European Bank for Reconstruction and Development
    (EBRD) aquired 28 percent of Shen Concern for an investment of 850,000
    (Euros). This is the first time that EBRD has invested in a private
    construction enterprise in Armenia. Shen Concern will use funds to begin
    production of concrete products and other construction materials. By
    April 2005, the EBRD plans to increase its share of Shen concern to 36
    percent.

    Shen Concern was established in 1970 as a state-owned enterprise. It was
    privatized and converted into a joint stock company in 1995.

    The company specializes in the production, importation, and distribution
    of building materials. The company owns large building material
    production and storage facilities equipped with modern machinery and tools.

    Shen also has a large distribution network of building materials located
    in Yerevan and other major cities. The company's production and sales
    volume in 2004 reached $2 million (USD).

    The company has a business plan in English.

    Shen Concern can conduct business in English.

    LeadLink, http://bisnis.doc.gov/bisnis/lead.cfm?1433


    **Note**

    These opportunities are provided solely as an informational service and
    do not represent an endorsement by the U.S. Department of Commerce.
    Verification of these leads is the responsibility of the reader.

    NEED FINANCING FOR A PROPOSED SALE TO EURASIA?
    BISNIS FinanceLink helps U.S. companies find financing for export
    transactions where a Eurasian buyer has already been identified. For
    more information: http://www.bisnis.doc.gov/financelink
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