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D-Link International invested several million dollars in Armenia

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  • D-Link International invested several million dollars in Armenia

    D-Link International invested several million dollars in Armenia


    YEREVAN, August 23. /ARKA/. D-Link International company has invested
    several million dollars in Armenia, responsible for post-Soviet area
    at D-Link Vladimir Lipping told reporters on Friday.

    No payback for the time being, and the investment cycle is under way,
    he said adding another 3-4 million dollars will be required.

    Lipping said operational costs alone amounted to about a million
    dollars, similar amount was spend on construction of a new office in
    Yerevan, he said. Cost-estimates are prepared for construction of a
    laboratory in Giumry.

    Lipping said the Armenian office of the company serves as a hub and
    coordinates also the Georgian office operations.

    The new building of D-Link Armenia opened in Yerevan on Friday.

    In short terms Armenian market is small and population's spending
    capacity is quite low, the representative said. Yet, according to
    Lipping, the situation can reverse in long term due to apparent
    economic growth and development in the country.

    Apart from this, Armenia's level of preparedness is higher than that
    in Georgia and Armenian market may be considered promising in long
    term, Lipping said.

    The Armenian rep office of D-Link International was founded in 2007.
    The main directions are guaranty services for D-Link products, free
    consultations and network technology training courses. -0--


    http://telecom.arka.am/en/news/telecom/d_link_international_invested_several_million_doll ars_in_armenia/#sthash.7lk4QPxr.dpuf




    From: A. Papazian
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