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ARMENIAN LIQVOR PHARMACEUTICAL COMPANY OPENS NEW PLANT
ARKA
Oct 17, 2011
YEREVAN, October 17. / ARKA /. Armenian pharmaceutical company Liquor
marked the 20th anniversary of its operations by opening Saturday a
new plant in Djrvezh, near Yerevan.
Liquor was established in 1991 as the first private enterprise in
Armenia producing finished dosage forms. The company produces 60
types of infusion, injecting, ophthalmic, hemostypic and ENT products
selling them to almost all CIS countries.
The official opening ceremony was attended by president Serzh Sargsyan
and economy minister Tigran Davtian.
"Our company is currently the leader in this field. Thanks to
cooperation with EBRD started in 2005 we were able to expand our
activities and the output," Liqvor CEO, Sergey Matevosyan, told
reporters.
He said a total of $4.5 million were invested in the plant part of
which was spent on purchase of new equipment.
Economy minister Tigran Davtian said the new plant meets all
international standards and will help create dozens of new jobs,
increase export of Armenian goods.
Head of EBRD Yerevan Office, Valeriu Razlog said Liqvor's cooperation
with the bank has resulted in increased sales that have grown by 4.5
times since 2005.
"EBRD owns 45% of the company. We are satisfied with the result of
collaboration , and I am sure that in future we will cooperate with
other major enterprises in Armenia ", said Razlog.
In 2010 Liqvor produced about 1.2 billion drams worth products and 40%
of output was exported to CIS.
ARKA
Oct 17, 2011
YEREVAN, October 17. / ARKA /. Armenian pharmaceutical company Liquor
marked the 20th anniversary of its operations by opening Saturday a
new plant in Djrvezh, near Yerevan.
Liquor was established in 1991 as the first private enterprise in
Armenia producing finished dosage forms. The company produces 60
types of infusion, injecting, ophthalmic, hemostypic and ENT products
selling them to almost all CIS countries.
The official opening ceremony was attended by president Serzh Sargsyan
and economy minister Tigran Davtian.
"Our company is currently the leader in this field. Thanks to
cooperation with EBRD started in 2005 we were able to expand our
activities and the output," Liqvor CEO, Sergey Matevosyan, told
reporters.
He said a total of $4.5 million were invested in the plant part of
which was spent on purchase of new equipment.
Economy minister Tigran Davtian said the new plant meets all
international standards and will help create dozens of new jobs,
increase export of Armenian goods.
Head of EBRD Yerevan Office, Valeriu Razlog said Liqvor's cooperation
with the bank has resulted in increased sales that have grown by 4.5
times since 2005.
"EBRD owns 45% of the company. We are satisfied with the result of
collaboration , and I am sure that in future we will cooperate with
other major enterprises in Armenia ", said Razlog.
In 2010 Liqvor produced about 1.2 billion drams worth products and 40%
of output was exported to CIS.