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Two Strategic Enterprises To Be Opened In Armenia In 2013

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  • Two Strategic Enterprises To Be Opened In Armenia In 2013

    TWO STRATEGIC ENTERPRISES TO BE OPENED IN ARMENIA IN 2013

    YEREVAN, January 14. /ARKA/. Two strategic enterprises will be set
    up in Armenia this year, Armenia's Economy Minister Tigran Davtyan
    told reporters on Monday.

    "ASKE Group" Charentsavan metallurgical complex will be launched
    in the near months. It will process black metals and produce the
    important for us production, which we will not import anymore. It is
    quite a big enterprise equipped with Siemens modern technology. It
    will provide hundreds of new jobs," Davtyan said.

    Earlier, one of ASKE Group founders, Vahan Harutyunyan, said the
    manufacturing capacity of the new armature producing plant will be
    125,000 tons per annum. The total investments value stood at 7.8
    billion drams.

    Davtyan added the second enterprise-Astral Crystal-will be growing
    crystals.

    "This is a very interesting, high-technical production. The required
    technology has already been provided," Minister said.

    In the framework of the 4.2-billion-dram program 20 new jobs with an
    average wages of 180, 000 drams will be offered.

    Astra Crystal CJSC , founded in 2011, operates in processing technical
    crystals, as well as raw sapphire.

    Natfood, Nubarashen poultry factory and Ararat group are to be launched
    in 2013, Economy Ministry said. ($1 - 408.59 drams).-0-


    From: Baghdasarian
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