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The Provision Of State Privileges To Industrial Enterprises Continue

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  • The Provision Of State Privileges To Industrial Enterprises Continue

    THE PROVISION OF STATE PRIVILEGES TO INDUSTRIAL ENTERPRISES CONTINUES

    ARMENPRESS
    19 July, 2012
    YEREVAN

    YEREVAN, JULY 19, ARMENPRESS: ~SArmenia Wine ~Sfactory LTD proposes
    to expand its activities and to form new units. 1.4 billion AMD worth
    equipment is scheduled to be invested in the frame of investment
    programs. As Armenpress reports, this decision was approved by
    Government July 19 session.

    Minister of Economy of the Republic of Armenia Tigran Davtyan stated
    this is a new program of the company which is set to expand the
    production capacity of the units. ~SCurrently 6 billion investment
    has been made, which works effectively.

    The continuation of the program stipulates to increase the number of
    job places up to 150, the average salary with 135 thousand AMD. The
    product is scheduled to be exported in the Republic of Armenia:
    a serious export is going to kick off~T the Minister concluded.

    In the words of the interlocutor the previous program was successfully
    carried out, and it is gratifying that it is being expanded.

    PM Sargsyan high estimated the idea of the program: as recently
    a number of wine projects is being implemented and it is obvious
    that the efforts must be directed to export~T .In this context joint
    junctions are needed for the formation of Armenian wine brand and
    win our place in the market~T PM noted.



    From: Emil Lazarian | Ararat NewsPress
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