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Panorama.am
19:22 24/11/06
ARMENIA NEEDS MORE FOREIGN INVESTMENT IN JEWELRY
For the first 10 months of 2006, the volume of
production in jewelry and gold in Armenia made up 74.4
billion Armenian drams and the volume of sale made up
75 billion Armenian drams. These indicators diminished
by 19.7% and 17.6% as compared with the reporting
period in 2005. Also, 300 less people are employed in
the sector, Gagik Lazarian, head of jewelry
department at the ministry of trade and economic
development, told a press conference today. In his
words, the decline is conditioned, first of all, with
the crises in the international jewelry market which
continues for 2 years. It is also connected with
devaluations of the American dollar.
Lazarian believes jewelry company need better
management and higher technologies. `New foreign
companies must be attracted to the field,' he said.
/Panorama.am/
19:22 24/11/06
ARMENIA NEEDS MORE FOREIGN INVESTMENT IN JEWELRY
For the first 10 months of 2006, the volume of
production in jewelry and gold in Armenia made up 74.4
billion Armenian drams and the volume of sale made up
75 billion Armenian drams. These indicators diminished
by 19.7% and 17.6% as compared with the reporting
period in 2005. Also, 300 less people are employed in
the sector, Gagik Lazarian, head of jewelry
department at the ministry of trade and economic
development, told a press conference today. In his
words, the decline is conditioned, first of all, with
the crises in the international jewelry market which
continues for 2 years. It is also connected with
devaluations of the American dollar.
Lazarian believes jewelry company need better
management and higher technologies. `New foreign
companies must be attracted to the field,' he said.
/Panorama.am/