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Russian investments in Armenia voiced

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  • Russian investments in Armenia voiced

    RosBusinessConsulting, Russia

    Russian investments in Armenia voiced

    RBC, 01.04.2005, Yerevan 14:21:58.

    Russia invested some $67.204m in Armenia's economy in 2004, which accounted
    for 21.99 percent of foreign investments in this country, the ARKA news
    agency has reported. According to the Armenian statistics service, direct
    Russian investments totaled some $48.69m. Russia invested approximately
    $91.832m in Armenia in 2003, including some $68.429 in direct investments.

    The total amount of foreign investments in Armenia was some $305.551m
    in 2004, including $226.72m in direct investments in the industrial sector
    of the economy.
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