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ROA Cos. Start Negotiations to Participate in Sochi Olympic Constr.

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  • ROA Cos. Start Negotiations to Participate in Sochi Olympic Constr.

    ARMENIAN COMPANIES START NEGOTIATIONS ON PARTICIPATION IN CONSTRUCTION
    OF OLYMPIC FACILITIES IN SOCHI

    YEREVAN, APRIL 12, NOYAN TAPAN. A lot of construction, design and
    building material manufacturing companies of Armenia have started
    negotiations on participation in construction of Olympic facilities in
    Sochi, the chairman of the Union of Builders of Armenia Gagik Galstian
    announced on April 11.

    According to him, some Armenian construction companies making part of
    joint ventures have already begun construction work in Russia and
    Ukraine. G. Galstian said that in the Soviet time the construction was
    done by using precast reinforced concrete structures, whereas a united
    construction method is used now, which is considered as more
    earthquakeproof and suitable for decoration of buildings.

    According to him, the annual construction growth has made at least 15%
    in Armenia in the past few years. House-building makes up about 60% of
    the total construction volume, while the rest is construction of social
    and production facilities (mainly those of mining, metallurgical
    sectors and food industry).
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