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Crystal Processing Plant To Be Constructed In Armenia By Yearned

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  • Crystal Processing Plant To Be Constructed In Armenia By Yearned

    CRYSTAL PROCESSING PLANT TO BE CONSTRUCTED IN ARMENIA BY YEARNED

    PanARMENIAN.Net
    April 25, 2012 - 16:55 AMT

    PanARMENIAN.Net - Armenian Prime Minster visited Armenian-Swiss Joint
    Venture Astra, specialized in production in the field of precision
    engineering. Tigran Sargsyan familiarized himself with the production
    process and development programs of the company.

    In 2011, Astra's production totaled AMD 34,5 mln, growing by 132,7%
    against the 2010 index, with product realization volumes grossing
    AMD 31 mln.

    2011 saw the establishment of Astra Crystal to specialize in
    cultivation and processing of technical crystals, as well as production
    of pure raw materials of technical sapphire.

    The investment program for the new plant totals USD 9 million. The
    construction of the new plant is planned to be completed by yearend.

    The program envisages creation of 20 new jobs vacancies with AMD
    180 thous. monthly salary. The production will be exported to China,
    Russia and the EU, RA government's press service reported.

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