// IP Marketing video - START// IP Marketing video - END

Economy Minister: agricultural processing industry promising for Armenia

Economy Minister: agricultural processing industry promising for Armenia

PanARMENIAN.Net - The Armenian Minister of Economy Tigran Davtyan deems agricultural processing industry quite promising for the country’s economy.

“Here we apply our comparative advantage. Armenian natural juices and concentrates enjoy popularity in the CIS and European markets,” he said during a visit to Euroterm CJSC (NOYAN brand) in Armenia’s Armavir province on March 28.

In this context, the Minister stressed the need for the government to make efforts aimed at expanding the outlet and boosting production volume, with all “the conditions present for that.”

The Company plans to construct a new fruits and vegetables processing plant, which is set to annually produce 7.5 thous. tons of fruit and vegetable concentrates and to meet European standards due to the high-quality equipment, quality of the products and favorable working conditions.

Euroterm CJSC is considered a leading Armenian enterprise in the field of processing of agricultural products and production of juice and nectar, that are exported to Russia, the U.S., Ukraine, France, Germany, Georgia, UAE and Iran.

 Top stories
He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
Partner news