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Venture Investment Fund To Be Set Up In Armenia With Participation O

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  • Venture Investment Fund To Be Set Up In Armenia With Participation O

    VENTURE INVESTMENT FUND TO BE SET UP IN ARMENIA WITH PARTICIPATION OF SITRONICS

    Noyan Tapan
    http://www.nt.am?shownews=1010774
    Dec 19, 2008

    YEREVAN, DECEMBER 19, NOYAN TAPAN. Issues related to further
    development of cooperation in the high-tech sector were discussed
    at the December 19 meeting of the Armenian prime minister Tigran
    Sargsyan with the chairman of Sitronics OJSC Sergei Aslanian, the
    deputy chairman Sergei Urezchenko and the authorized representative
    of the company in Armenia Armen Khachatrian.

    S. Aslanian presented Sitronics's activities, its participation
    in federal target programs in Russia, its international links
    and involvement in the forthcoming initiatives and projects on
    cooperation in the high-tech sector in Armenia, CIS, Central and
    Eastern Europe and some other countries. In particular, he spoke about
    the possibility of creating a free economic zone of research type in
    the area of RAO Mars CJSC transferred to Russia under the Property
    for Debt Agreement. This possibility was an instruction given at the
    10th sitting of the Armenian-Russian Intergovernmental Commission on
    Economic Cooperation Issues. S. Aslanian also discussed the creation
    of a venture investment fund in Armenia with the participation of
    Sitronics, noting that their company is prepared to present its
    cooperation program on this issue soon.

    According to the RA Government Information and PR Department,
    T. Sargsyan attached importance to cooperation with Sitronics,
    expressing confidence that this cooperation in the high-tech sector
    will be mutually beneficial and efficient.

    From: Emil Lazarian | Ararat NewsPress
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