New plant for Pepsi production opens in Armenia June 1, 2011 - 13:39 AMT PanARMENIAN.Net - On June 1, Armenian President Serzh Sargsyan participated in the official opening ceremony of a new plant for production of soft drinks and natural juices of PepsiCo brand. Mr. Sargsyan familiarized himself with production capacities of the plant supplied with modern equipment of Berkfeld German company. “Currently it is one of the best plants worldwide by the level of its equipment,” business consultant of Jermuk International company Ghazaryan told journalists. According to him, the basic part of investments (22mln euros) has been already made, but the company is going to make additional investments to produce branded natural juices. Ghazaryan added that the plant has been established by local entrepreneurs – owners of Jermuk International, with which a franchise agreement was signed on usage of PepsiCo brand. The plant will create 250 jobs. It will produce Pepsi Cola, Mirinda, 7UP, Mountain Dew and Aquafina drinks. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |