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Tigran Sargsyan: Armenian-Italian Collaboration Can Serve As A Catch

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  • Tigran Sargsyan: Armenian-Italian Collaboration Can Serve As A Catch

    TIGRAN SARGSYAN: ARMENIAN-ITALIAN COLLABORATION CAN SERVE AS A CATCHING EXAMPLE

    /PanARMENIAN.Net/
    13.05.2009 12:39 GMT+04:00

    /PanARMENIAN.Net/ RA Prime Minister Tigran Sargsyan participated in
    the opening ceremony of Litokol Armenian-Italian Factory, RA Government
    Press Service reported.

    The company was founded in 2007 and is engaged in glue and gluing
    putty manufacturing. 60% of company's basic capital was provided by
    Armenian side, and 40% by Italian one.

    The factory is provided with the most up to date equipment, and offers
    around 40 work places. In future this figure will double.

    Prime Minister Tigran Sargsyan expressed a hope that Armenian-Italian
    collaboration can serve as a good example of a possibility to develop
    business even in financial crisis circumstances. "RA Government will
    provide all round assistance to Litokol Armenian-Italian Factory and
    similar undertakings," he stated.
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