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ARKA News Agency, Azerbaijan
Nov 10 2006
RUSSIAN BUSINESSMEN INTERESTED IN LARGE-SCALE INVESTMENTS IN ARMENIA
YEREVAN, November 9. /ARKA/. Russian businessmen are interested in
large-scale investments in Armenia, President of the Union of
Jewelers of Armenia Gagik Abramyan told reporters.
"Russian businessmen, irrespective of their nationality, have
recently been greatly interested in making investments in Armenia,"
he said.
He said that many Russian companies intend to implement investment
programs in Armenia.
In his turn, President of the MIKA Armenia Trading Mikhail Bagdasarov
pointed out that Russian businessmen are interested in expanding
their business throughout the CIS now.
"Russia is the richest country in the post-Soviet area, and Russian
business has extremely intensified its activities in Belarus,
Ukraine, Armenia, Uzbekistan and even in Georgia," he said.
The RA Statistical Service reports that Russian investments in
Armenia totaled $19,220.9ths in January-June 2006 - a 41.9% increase
compared to the corresponding period of last year.
A total of $11,679.5ths (60.76%) of Russian investments were directed
to the metallurgical industry, $2,963ths to the recreation sphere,
$1,318.5ths to private services, $1,335ths to production and
distribution of electric power, gas, water and steam, $853.9ths to
computer-related activities, $861.2ths to trade (except trade in cars
and scooters), and $192.7ths to other sectors of mining industry.
In January-June 2006, Russia made the third largest investments in
Armenia's economy after Lebanon and Greece.
A total of 589 enterprises with Russian capital are currently
registered in Armenia, about 300 of them actively working. P.T. -0--
Nov 10 2006
RUSSIAN BUSINESSMEN INTERESTED IN LARGE-SCALE INVESTMENTS IN ARMENIA
YEREVAN, November 9. /ARKA/. Russian businessmen are interested in
large-scale investments in Armenia, President of the Union of
Jewelers of Armenia Gagik Abramyan told reporters.
"Russian businessmen, irrespective of their nationality, have
recently been greatly interested in making investments in Armenia,"
he said.
He said that many Russian companies intend to implement investment
programs in Armenia.
In his turn, President of the MIKA Armenia Trading Mikhail Bagdasarov
pointed out that Russian businessmen are interested in expanding
their business throughout the CIS now.
"Russia is the richest country in the post-Soviet area, and Russian
business has extremely intensified its activities in Belarus,
Ukraine, Armenia, Uzbekistan and even in Georgia," he said.
The RA Statistical Service reports that Russian investments in
Armenia totaled $19,220.9ths in January-June 2006 - a 41.9% increase
compared to the corresponding period of last year.
A total of $11,679.5ths (60.76%) of Russian investments were directed
to the metallurgical industry, $2,963ths to the recreation sphere,
$1,318.5ths to private services, $1,335ths to production and
distribution of electric power, gas, water and steam, $853.9ths to
computer-related activities, $861.2ths to trade (except trade in cars
and scooters), and $192.7ths to other sectors of mining industry.
In January-June 2006, Russia made the third largest investments in
Armenia's economy after Lebanon and Greece.
A total of 589 enterprises with Russian capital are currently
registered in Armenia, about 300 of them actively working. P.T. -0--