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1.6 mln AMD ($3.6 Mln) Construction Materials Produced In Armenia On

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  • 1.6 mln AMD ($3.6 Mln) Construction Materials Produced In Armenia On

    1.6 MLN AMD ($3.6 MLN) CONSTRUCTION MATERIALS PRODUCED IN ARMENIA ON FIRST QUARTER OF 2005

    YEREVAN, MAY 2. ARMINFO. The enterprises engaged in production of
    construction materials in Armenia manufactured 1.6 mln AMD ($3.6 mln)
    production in the first quarter of 2005, which is 18.4% more than
    in the same period of 2004. The Ministry for trade and Economic
    Development informs ARMINFO.

    According to the source, the sales volumes of the construction
    materials grew 44.4% totaling 1.8 bln AMD ($3.9 mln). Exports doubled
    in the same period of time totaling 1.1 bln AMD ($2.4 mln). The
    greatest part of the production and export was the share of cement.
    The production volume of the OJSC "Araratcement" in the first quarter
    of 2005 as against the same period of 2004 grew 53.8% totaling 1.4 bln
    AMD ($3 mln). The sale volumes increased 64.5% making up 1,4 bln AMD,
    exports grew 139.1% or to 989.7 mln AMD. The production volumes of
    Mika Cement LTD in the period under review decreased 64.2% totaling
    143 mln AMD ($312,000). The sales volume decreased 7.9% totaling
    340.5 mln AMD, exports - 4.8%, totaling 134 mln AMD.
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