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Newplast Meets Best International Standards: Minister Says

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  • Newplast Meets Best International Standards: Minister Says

    NEWPLAST MEETS BEST INTERNATIONAL STANDARDS: MINISTER SAYS

    / ARKA /
    June 20, 2011
    YEREVAN

    Armenian economy minister Tigran Davtian praised today Newplast metal
    and plastic pipes manufacturing plant saying its output meets the
    highest international standards.

    "The quality of products and the business culture of this company are
    fully consistent with the best international standards. The company
    has gained a rightful place in the domestic market," the minister
    told reporters after visiting the plant.

    The minister said also this company's operation is a good example of
    how imported products are being replaced by locally made. Then he
    also highlighted that the company has its own laboratory, equipped
    according to modern standards, where the expertise of both its own
    and imported products is made.

    "These companies, which could be described as average, should be in
    the focus of our attention because they have a great potential for
    development. The government can offer assistance to our medium-sized
    enterprises,' "he added.

    In turn, Hovhannes Azarian, the director of "West Plast Group",
    the sales representative of Newplast, asked the government to help
    advertise the plant's goods outside Armenia.

    "About 20% of the company's products are exported to Russia and
    Georgia, where Turkish companies are effectively advertising their
    produces, as Armenian companies are deprived of these opportunities,"
    he added.

    As of June 1, 2011 Newplast produced some 169.1 million drams worth
    output, exporting also 37.8 million drams worth goods. The company
    employs about 50 employees, the average monthly salary is 100 thousand
    drams.($ 1 - 375.09 AMD).

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