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HRANT VARDANIAN: GRAND HOLDING CONTINUES TO OPERATE NORMALLY
Noyan Tapan
Feb 17, 2009
YEREVAN, FEBRUARY 17, NOYAN TAPAN. "The forecasts that all economic
entities will suffer a decline or be in difficulties because of the
global financial and economic crisis are ambiguous," the chairman
of Grand Holding Hrant Vardanian said at the February 17 press
conference. According to him, the companies of Grand Holding continue
to operate normally. Besides, new programs are being developed,
in particular it is envisaged bringing new conveyers for tobacco
processing and cigarette production to Armenia as well as launching
production of napkins and toilet paper. "Until now we imported toilet
paper from other countries, but now we will organize its production,"
the businessman said, adding that the company has collected about 4
thousand tons of scrap paper.
H. Vardanian announced that on the initiative of Grand Holding, an
apartment building for poor families is being constructed in Yerevan's
Shengavit community. The company is also building a sports complex
in the same community and a church in the city of Masis.
Speaking about the sale of "Bjni" Plant, H. Vardanian noted that it
is important not to lose "Bjni" mineral water as a national value,
and it does not matter who will purchase the plant. He refuted the
information published in Pakagits newspaper that he allegedly tries
to become the prime minister.
"I will gradually retire," the businessman said.
From: Baghdasarian
Noyan Tapan
Feb 17, 2009
YEREVAN, FEBRUARY 17, NOYAN TAPAN. "The forecasts that all economic
entities will suffer a decline or be in difficulties because of the
global financial and economic crisis are ambiguous," the chairman
of Grand Holding Hrant Vardanian said at the February 17 press
conference. According to him, the companies of Grand Holding continue
to operate normally. Besides, new programs are being developed,
in particular it is envisaged bringing new conveyers for tobacco
processing and cigarette production to Armenia as well as launching
production of napkins and toilet paper. "Until now we imported toilet
paper from other countries, but now we will organize its production,"
the businessman said, adding that the company has collected about 4
thousand tons of scrap paper.
H. Vardanian announced that on the initiative of Grand Holding, an
apartment building for poor families is being constructed in Yerevan's
Shengavit community. The company is also building a sports complex
in the same community and a church in the city of Masis.
Speaking about the sale of "Bjni" Plant, H. Vardanian noted that it
is important not to lose "Bjni" mineral water as a national value,
and it does not matter who will purchase the plant. He refuted the
information published in Pakagits newspaper that he allegedly tries
to become the prime minister.
"I will gradually retire," the businessman said.
From: Baghdasarian