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Industry: Iran Improves Armenian Tools Producing Industry

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  • Industry: Iran Improves Armenian Tools Producing Industry

    Moj News Agency, Iran
    August 27, 2011 Saturday

    Iran Improves Armenian Tools Producing Industry


    Vahram Tepelikian, the chief manager of Almast plant in Yerevan,
    producing synthetic diamond powder, glass and hard metals working
    tools, as well as tools for cutting, grinding and polishing stones,
    said today the plant has sent a large batch of its products to Iran.


    "Iran has become a new and very promising consumer of our products and
    exports to this country have significantly increased production
    volumes," he said.
    According to him, currently the company is working to develop a number
    of investment programs that will help improve product quality and
    increase output.
    According to the Armenian ministry of economy, with the help of
    prosperous Iranian market in the first half of this year, the Almast
    plant doubled its output, sales rose by 179.2 percent and exports
    increased 12 times.

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