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ARMENIAN COMPANY "ELECTROPRIBOR" PLANS TO MAKE THE TURNOVER OF CURRENT 400 MILLION DRAMS TO 500-550 MILLION DRAMS TILL THE END OF 2011
/ARKA/
March 22, 2011
YEREVAN
Turnover of the Armenian company "Electropribor" (Electroequipment)
will be 500-550 million drams in 2011 versus 400 million drams in 2010,
said General Director of the company Karen Sargsyan.
"The main product of the company - about 98% is exported to Russia,
Ukraine, Belarus, Kazakhstan, Uzbekistan and Kyrgyzstan and the small
volume of the products is sold in the local market", said Sargsyan.
The demand for the product increases and there is a necessity to
increase the volume of the product.
"In October 2009 we received credit from the State in the amount of
about 150 million drams with the purpose of making investments for
equipping the laboratory", said Sargsyan.
Now the plant is going to again ask the State for giving credit in the
amount of 100-150 million drams as it is necessary to invest new 2-3
types of goods annually "in accordance to the market and requirements
of power engineering specialists".
The company "Electropribor" was established in 1957 and was the only
plant of electrical measuring devices in the territory of the USSR.
After the collapse of the Soviet Union about 140 new products were
produced in the company. The main raw-material is purchased from
Russia, Turkey and Iran.
According to the data of the Armenian Economy Ministry, the volume
of the production of "Electropribor" in 2010 was about 360 million
drams and sale volume - about 386 million drams, of which about 380
million drams was exported. ($1 - 369.83 drams).
From: A. Papazian
/ARKA/
March 22, 2011
YEREVAN
Turnover of the Armenian company "Electropribor" (Electroequipment)
will be 500-550 million drams in 2011 versus 400 million drams in 2010,
said General Director of the company Karen Sargsyan.
"The main product of the company - about 98% is exported to Russia,
Ukraine, Belarus, Kazakhstan, Uzbekistan and Kyrgyzstan and the small
volume of the products is sold in the local market", said Sargsyan.
The demand for the product increases and there is a necessity to
increase the volume of the product.
"In October 2009 we received credit from the State in the amount of
about 150 million drams with the purpose of making investments for
equipping the laboratory", said Sargsyan.
Now the plant is going to again ask the State for giving credit in the
amount of 100-150 million drams as it is necessary to invest new 2-3
types of goods annually "in accordance to the market and requirements
of power engineering specialists".
The company "Electropribor" was established in 1957 and was the only
plant of electrical measuring devices in the territory of the USSR.
After the collapse of the Soviet Union about 140 new products were
produced in the company. The main raw-material is purchased from
Russia, Turkey and Iran.
According to the data of the Armenian Economy Ministry, the volume
of the production of "Electropribor" in 2010 was about 360 million
drams and sale volume - about 386 million drams, of which about 380
million drams was exported. ($1 - 369.83 drams).
From: A. Papazian