INDIAN "KGK" COMPANY TO EXPAND ITS JEWELRY RAW PROCESSING ACTIVITY IN ARMENIA

ARMENPRESS
Feb 2, 2009

YEREVAN, FEBRUARY 2, ARMENPRESS: Indian "KGK" company is planning to
expand its raw jewelry processing activity in Armenia. Such intention
the company expressed during the discussion at the Armenian Development
Agency.

The executive director of the company Robert Harutyunian told
Armenpress that last year the company carried out a quite successful
program in Armenia: the raw imported to the county was processed and
the final result-product transported to Russia for sale. The company
intends to establish a factory in Armenia or a joint venture with
the local companies.

"KGK" worked with "DCA" company and Yerevan jewelry factory. The
agency expressed readiness to support this year's activity of "KGK".