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  • Syrian-Armenian businessman gives up idea of starting business in an

    Syrian-Armenian businessman gives up idea of starting business in
    ancestral homeland

    August 18, 2013 | 00:04

    YEREVAN. - Syrian businessman, owner of solar water heater factory
    Shahen Cherkezian refused to move his business to Armenia, his partner
    said.

    Suren Grigoryan, who is program's partner from Armenia, said the
    equipment was transported from Syria's Homs to Lebanon. Cherkezian
    wanted to transport it to Armenia and provide jobs for 200 people who
    used to work with him in Syria.

    `Prior to setting up a company, the businessman decided to learn more
    about tax and customs services to find out whether it is easy to start
    a business for Diaspora Armenians. Making all calculations, he gave up
    the idea. It's a pity, because the project would help create new jobs,
    including those for Syrian Armenians,' Grigoryan told Armenian
    News-NEWS.am.

    Cherkezian plans to resume production of solar water heaters either in
    neighboring Georgia or Lebanon.

    http://news.am/eng/news/167257.html

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