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MIKA-CEMENT SIGNS AGREEMENT ON SUPPLY OF 200 THOUSAND TONS OF CEMENT TO SOCHI
Noyan Tapan
http://www.nt.am/news.php?shownews=113523
Ma y 19, 2008
YEREVAN, MAY 19, NOYAN TAPAN. Armenian company Mika-Cement has signed
an agreement on supply of 200 thousand tons of M-400 and M-500 cement
for the construction of Olympic facilities for the 2014 Olympic
Games in Sochi. The supply will be done based on bids of construction
organizations, NT correspondent was informed by the director general
of Mika-Cement Naira Martirosian.
According to her, the supply will not be limited to the indicated
amount as it is envisaged building a large number of facilities
in Sochi, in particular, an Olympic district, with thousands of
organizations to be involved in their construction and the supply of
building materials, particularly, cement.
N. Martirosian considered it possible that orders for other types of
cement will be placed by Sochi, adding that Mika-Cement is ready to
perform these orders. "The company has launched an investment program
on operation of a second technological line, and orders for part of
the necessary materials have already been placed," she said, finding it
difficult to tell the time of the program's completion. N. Martirosian
explained that considerable investments are needed for the investment
program of a second new modern line. Besides, it will be necessary
to involve a lot of contractors, especially organizations operating
mines of raw materials. In her words, Mika-Cements will have the
opportunity to produce 800 thousand tons of cement annually instead
of the current 400 thousand tons after the second technological line
is put into operation.
She said that about 30% of the plant's production is exported to
Russia, Georgia and Iran. Clinker, a half-finished product of cement,
is also exported to Georgia. Mika-Cement currently employs 935 people
and the number of employees will not considerably grow after the second
technological line's operation as the current groups of workers will
service the second line as well.
Noyan Tapan
http://www.nt.am/news.php?shownews=113523
Ma y 19, 2008
YEREVAN, MAY 19, NOYAN TAPAN. Armenian company Mika-Cement has signed
an agreement on supply of 200 thousand tons of M-400 and M-500 cement
for the construction of Olympic facilities for the 2014 Olympic
Games in Sochi. The supply will be done based on bids of construction
organizations, NT correspondent was informed by the director general
of Mika-Cement Naira Martirosian.
According to her, the supply will not be limited to the indicated
amount as it is envisaged building a large number of facilities
in Sochi, in particular, an Olympic district, with thousands of
organizations to be involved in their construction and the supply of
building materials, particularly, cement.
N. Martirosian considered it possible that orders for other types of
cement will be placed by Sochi, adding that Mika-Cement is ready to
perform these orders. "The company has launched an investment program
on operation of a second technological line, and orders for part of
the necessary materials have already been placed," she said, finding it
difficult to tell the time of the program's completion. N. Martirosian
explained that considerable investments are needed for the investment
program of a second new modern line. Besides, it will be necessary
to involve a lot of contractors, especially organizations operating
mines of raw materials. In her words, Mika-Cements will have the
opportunity to produce 800 thousand tons of cement annually instead
of the current 400 thousand tons after the second technological line
is put into operation.
She said that about 30% of the plant's production is exported to
Russia, Georgia and Iran. Clinker, a half-finished product of cement,
is also exported to Georgia. Mika-Cement currently employs 935 people
and the number of employees will not considerably grow after the second
technological line's operation as the current groups of workers will
service the second line as well.