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Armenia Is A Good Field For Investments, Chairman Of Chronimet Compa

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  • Armenia Is A Good Field For Investments, Chairman Of Chronimet Compa

    ARMENIA IS A GOOD FIELD FOR INVESTMENTS, CHAIRMAN OF CHRONIMET COMPANY SAYS

    Noyan Tapan
    http://www.nt.am/news.php?shownews=117494
    Se p 17, 2008

    YEREVAN, SEPTEMBER 17, NOYAN TAPAN. Receiving the delegation headed by
    the chairman of Chronimet company (Germany), Honorary Consul of Armenia
    in the German state of Baden-Wurttemberg Gunther Pilarsky on September
    17, Armenian President Serzh Sargsyan welcomed the fact that each visit
    of this businessman to Armenia is accompanied by new projects. "We
    welcome any new unsertaking, we always encourage investments, and our
    purpose is to create such a legislative and business environment that
    will be equally favorable for all investors," he said.

    G. Pilarsky spoke in detail about the operation of Zangezur Copper
    and Molybdenum Enterprise, the planned investment programs for its
    development, in particular, construction of a copper-smelting works
    in Kajaran, and the modernization of other subenterprises. S. Sargsyan
    expressed a positive opinion about these initiatives, noting that any
    modernization makes the operation of an enterprise much more effective
    for the staff, its owner and the state. Considering socioeconomic
    development and enlivening the life of Armenian marzes (regions)
    as a priority of the government, S. Sargsyan said that such programs
    enable to create jobs and solve some social problems.

    Noting that Armenia is a good field for investments, G. Pilarsky
    said that a group of German businessmen arrived in Armenia together
    with him, and they are now discussing with Armenian businessmen
    the opportunities of making investments in various branches of the
    Armenian economy.
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