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METALLURGY HAS A BIG POTENTIAL FOR DEVELOPMENT IN ARMENIA
http://www.yerkirmedia.am/?act=news&lan=en&id=5589
17:02 . 02/03
Metallurgy is the leading branch of economy in Armenia. Last year,
28 metallurgical industry enterprises gave production of 148bln AMD,
recording an increase of about 10%.
The introduction of new technologies, also the high prices and
the great demand in the international market of non-ferrous metals
promote the enhancement of production volumes in metallurgy sphere. The
declaration of the EU to start comprehensive trade with Armenia also
promotes the development of the sphere.
One of the major metallurgical enterprises in the republic is RUSAL
Armenia Company, which belongs to the Russian RUSAL, which produces
aluminum foil.
RA Prime Minister Tigran Sargsyan has walked round the plant
today getting acquainted with the works directed to increasing the
productivity of the enterprise. Then between the prime minister
and the heads of the metallurgical companies held a consultation at
the company, during which the expectations of the investors from the
government and the plans of the executive directed to the metallurgical
sphere development were discussed.
"Metallurgy is of great interest, has a big potential of increase,
since the work is mainly carried out on local raw material.
Investments are needed and the most important thing is that metallurgy
has a big potential in terms of export," Tigran Sargsyan has said.
http://www.yerkirmedia.am/?act=news&lan=en&id=5589
17:02 . 02/03
Metallurgy is the leading branch of economy in Armenia. Last year,
28 metallurgical industry enterprises gave production of 148bln AMD,
recording an increase of about 10%.
The introduction of new technologies, also the high prices and
the great demand in the international market of non-ferrous metals
promote the enhancement of production volumes in metallurgy sphere. The
declaration of the EU to start comprehensive trade with Armenia also
promotes the development of the sphere.
One of the major metallurgical enterprises in the republic is RUSAL
Armenia Company, which belongs to the Russian RUSAL, which produces
aluminum foil.
RA Prime Minister Tigran Sargsyan has walked round the plant
today getting acquainted with the works directed to increasing the
productivity of the enterprise. Then between the prime minister
and the heads of the metallurgical companies held a consultation at
the company, during which the expectations of the investors from the
government and the plans of the executive directed to the metallurgical
sphere development were discussed.
"Metallurgy is of great interest, has a big potential of increase,
since the work is mainly carried out on local raw material.
Investments are needed and the most important thing is that metallurgy
has a big potential in terms of export," Tigran Sargsyan has said.