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Aval Trade knitting enterprise in Sisian produces 70.7 million drams worth products
See more at: http://arka.am/en/news/economy/aval_trade_knitting_enterprise_in_sisian_produces_ 70_7_million_drams_worth_products_/#sthash.Ncz7QApl.dpuf
YEREVAN, September 26. / ARKA /. Armenian president Serzh Sargsyan,
who was on a working visit to Syunik province familiarized himself
with activities of small and medium enterprises which are carrying
out their development programs side by side with Syunik's major mining
and energy companies, the presidential press service said.
He also looked into the investment projects, and prospects of
development. In particular, the President visited Aval Trade knitting
enterprise in Sisian, which was established in December 2012 and
since April 2013 has been manufacturing knitting production. The
President was informed that in four months of this year, the company
has made an investment of 30.0 million AMD, including the import of
modern machinery.
The enterprise employs 90 people with the average monthly salary
of 70-80 thousand drams. As of April-August 2013, according to the
management the company manufactured nearly 70.7 million dram worth
production which was sold in the Russian Federation. The company
is planning to expand its export market by increasing production
capacities which will allow to employ 120 people.
In Goris, the President visited Goris Gamma enterprise which together
with Zangezur copper and molybdenum factory currently is executing a
new program of manufacturing new machinery in full compliance with
international standards. Representatives of the company noted that
they have concluded negotiations with the German supplier and now
are negotiating with potential customers to specify the demand and
assortment volumes. It was noted that if the program is successful,
Armenia will be manufacturing digital, high accuracy turning and
milling machines which comply with the European standards. At the
initial stage of the program, investments reached one million US
dollars; if there is proper demand, along with the increase of the
production capacities, the number of jobs will reach 130.
Goris Gamma enterprise was founded back in 1979 and was specializing
in the production of special machinery for the military industrial
complex of the Ministry of Defense of former USSR. In 1996, the
enterprise was restructured becoming a closed venture; 20 percent of
its state shares were given without indemnity to the employees and
80 percent were privatized in 2001.
Currently the enterprise has mechanical, special machinery assembling,
electromotor assembling, and optical production units as well as an
experimental laboratory. The production of the company is being sold
primarily in the Russian Federation and, according to the management
there are also sales orders from Canada. In January-August, 2013 the
company manufactured 238.0 million dram worth production which is a
23% increase compared to the same period last year. It was noted that
along with the batch production, the Company also receives sales orders
from the Zangezur copper and molybdenum factory such as manufacturing
of tools and machinery.
In the framework of his visit, President Serzh Sargsyan visited also
Qajaran town. First, he visited the monument dedicated to the fallen
heroes, laid flowers and paid tribute to the memory of the sons of
the Armenian nation who died for our Motherland.
Later, at the central square of Qajaran, the President participated
in the events dedicated to the 55th anniversary of the town and in
the framework of the event handed awards and letters of commendation
to a group of individuals who were distinguished for their patriotic
work in different areas: Hrachia Tadevossian, Head of Division in the
Qajaran Medical Center, Ltd. outpatient clinic by the Presidential
decree was awarded the Mkhitar Heratsi Medal; Mikhail Aroustamian,
Executive Director of the Rivs scientific and production enterprise
(RF) was awarded the Anania Shirakatsi medal. Saro Hayrapetian, Chief
Architect of the Qajaran community communal services Ltd. and Zakhar
Mirzoyan, electric welder of the Ore Reduction and Transportation unit
of the Qajaran copper and molybdenum factory for their years-long
and diligent work received Presidential letters of commendation. In
Qajaran, by the decision of the Council of Elders, the President was
handed the first Battle of Artsakh commemorative medal.
President Sargsyan congratulated all those persent on the occasion of
the town's holiday and on receiving awards, thanked the inhabitants
of Qajaran for their daily efforts aimed at the development of their
town and their dedication, wished all the best and assured that
Qajaran and other settlements in our country every year will become
more comfortable and developed. The President of Armenia urged the
participants of the festivities to look at the future of their town
and our country with optimism and faith.
At the conclusion of the festivities, Serzh Sargsyan attended the
opening ceremony of the monument dedicated to the former director of
many years of the Qajaran copper and molybdenum factory, a skillful
organizer of the mining production Frunze Petrossian.
The President continues his visit to Syunik marz. Today, he will also
participate at the opening of Qajaran's medical center. In Kapan, Serzh
Sargsyan will visit the Garegin Nzhdeh Square and will familiarize
with the program of its modernization; in Kapan's high-school n. 2 he
will observe construction works conducted here. In Syunik community
of the marz, the President of Armenia will visit the small cattle
slaughter house and new processing unit.
- See more at:
http://arka.am/en/news/economy/aval_trade_knitting_enterprise_in_sisian_produces_ 70_7_million_drams_worth_products_/#sthash.Ncz7QApl.dpuf
See more at: http://arka.am/en/news/economy/aval_trade_knitting_enterprise_in_sisian_produces_ 70_7_million_drams_worth_products_/#sthash.Ncz7QApl.dpuf
YEREVAN, September 26. / ARKA /. Armenian president Serzh Sargsyan,
who was on a working visit to Syunik province familiarized himself
with activities of small and medium enterprises which are carrying
out their development programs side by side with Syunik's major mining
and energy companies, the presidential press service said.
He also looked into the investment projects, and prospects of
development. In particular, the President visited Aval Trade knitting
enterprise in Sisian, which was established in December 2012 and
since April 2013 has been manufacturing knitting production. The
President was informed that in four months of this year, the company
has made an investment of 30.0 million AMD, including the import of
modern machinery.
The enterprise employs 90 people with the average monthly salary
of 70-80 thousand drams. As of April-August 2013, according to the
management the company manufactured nearly 70.7 million dram worth
production which was sold in the Russian Federation. The company
is planning to expand its export market by increasing production
capacities which will allow to employ 120 people.
In Goris, the President visited Goris Gamma enterprise which together
with Zangezur copper and molybdenum factory currently is executing a
new program of manufacturing new machinery in full compliance with
international standards. Representatives of the company noted that
they have concluded negotiations with the German supplier and now
are negotiating with potential customers to specify the demand and
assortment volumes. It was noted that if the program is successful,
Armenia will be manufacturing digital, high accuracy turning and
milling machines which comply with the European standards. At the
initial stage of the program, investments reached one million US
dollars; if there is proper demand, along with the increase of the
production capacities, the number of jobs will reach 130.
Goris Gamma enterprise was founded back in 1979 and was specializing
in the production of special machinery for the military industrial
complex of the Ministry of Defense of former USSR. In 1996, the
enterprise was restructured becoming a closed venture; 20 percent of
its state shares were given without indemnity to the employees and
80 percent were privatized in 2001.
Currently the enterprise has mechanical, special machinery assembling,
electromotor assembling, and optical production units as well as an
experimental laboratory. The production of the company is being sold
primarily in the Russian Federation and, according to the management
there are also sales orders from Canada. In January-August, 2013 the
company manufactured 238.0 million dram worth production which is a
23% increase compared to the same period last year. It was noted that
along with the batch production, the Company also receives sales orders
from the Zangezur copper and molybdenum factory such as manufacturing
of tools and machinery.
In the framework of his visit, President Serzh Sargsyan visited also
Qajaran town. First, he visited the monument dedicated to the fallen
heroes, laid flowers and paid tribute to the memory of the sons of
the Armenian nation who died for our Motherland.
Later, at the central square of Qajaran, the President participated
in the events dedicated to the 55th anniversary of the town and in
the framework of the event handed awards and letters of commendation
to a group of individuals who were distinguished for their patriotic
work in different areas: Hrachia Tadevossian, Head of Division in the
Qajaran Medical Center, Ltd. outpatient clinic by the Presidential
decree was awarded the Mkhitar Heratsi Medal; Mikhail Aroustamian,
Executive Director of the Rivs scientific and production enterprise
(RF) was awarded the Anania Shirakatsi medal. Saro Hayrapetian, Chief
Architect of the Qajaran community communal services Ltd. and Zakhar
Mirzoyan, electric welder of the Ore Reduction and Transportation unit
of the Qajaran copper and molybdenum factory for their years-long
and diligent work received Presidential letters of commendation. In
Qajaran, by the decision of the Council of Elders, the President was
handed the first Battle of Artsakh commemorative medal.
President Sargsyan congratulated all those persent on the occasion of
the town's holiday and on receiving awards, thanked the inhabitants
of Qajaran for their daily efforts aimed at the development of their
town and their dedication, wished all the best and assured that
Qajaran and other settlements in our country every year will become
more comfortable and developed. The President of Armenia urged the
participants of the festivities to look at the future of their town
and our country with optimism and faith.
At the conclusion of the festivities, Serzh Sargsyan attended the
opening ceremony of the monument dedicated to the former director of
many years of the Qajaran copper and molybdenum factory, a skillful
organizer of the mining production Frunze Petrossian.
The President continues his visit to Syunik marz. Today, he will also
participate at the opening of Qajaran's medical center. In Kapan, Serzh
Sargsyan will visit the Garegin Nzhdeh Square and will familiarize
with the program of its modernization; in Kapan's high-school n. 2 he
will observe construction works conducted here. In Syunik community
of the marz, the President of Armenia will visit the small cattle
slaughter house and new processing unit.
- See more at:
http://arka.am/en/news/economy/aval_trade_knitting_enterprise_in_sisian_produces_ 70_7_million_drams_worth_products_/#sthash.Ncz7QApl.dpuf