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"Ameria" CJSC Develops Investment Plan For Krasnoyarsk HeavyEngineer

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  • "Ameria" CJSC Develops Investment Plan For Krasnoyarsk HeavyEngineer

    "AMERIA" CJSC DEVELOPS INVESTMENT PLAN FOR KRASNOYARSK HEAVY ENGINEERING PLANT

    ARKA News Agency, Armenia
    April 18 2006

    YEREVAN, April 17. /ARKA/. "Ameria" CJSC developed an investment plan
    for the Krasnoyarsk Heavy Engineering Plant (KHEP). The investment plan
    aims at raising $ 150 millions to fund investments in technology and
    working capital, as well as for introduction of competitive leasing
    schemes for major clients. The investment plan projects reaching an
    annual sales level exceeding $400 millions by 2010.

    The Krasnoyarsk Heavy Engineering Plant is one of the biggest
    enterprises manufacturing excavators and mining equipment. In the
    beginning of 2000, a new team took over the management of the company
    experiencing financial problems at that time. The new management
    started actively implementing a rehabilitation policy. According to
    Gagik Sahakyan, Head of the Management Advisory Services Department
    of Ameria, the quick revival and rehabilitation of "KrasTyazhMash"
    brand will get at its full pace in the nearest future. Today KHEP
    is already one of the most modern enterprises in the CIS in terms of
    equipment and technologies, applied in the production process.

    Ameria is a group of professional services companies registered in
    Armenia with the objective to provide a comprehensive package of
    professional advisory and assurance services. Ameria specializes
    in four major areas of professional activities: management advisory
    services; assurance and advisory services; legal advisory services;
    investment banking. Established in 1998, the company has become
    a leader in the Armenian market of advisory services bringing an
    international reach and local touch to complex issues rising in more
    than 30 industry sectors.
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