  Economy Minister: agricultural processing industry promising for Armenia March 28, 2012 - 16:26 AMT 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. Partner news  Top stories Tigran Sargsyan noted that the new plant will be constructed after the current one is finally out of operation. IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices.   Partner news |  Latest news U.S. report says religious freedom still restricted in Turkey  Despite these provisions, the report noted, the government provides favorable and prejudicial treatment to Sunni Islamic groups.Cooperation between Armenian, Artsakh police discussed President of the Artsakh Republic Bako Sahakyan met Tuesday, May 21, with Armenian Police chief Vladimir Gasparyan.Israeli army denies Syria claims of destroyed vehicle An army spokeswoman said a vehicle had been damaged by gunfire from Syria but no Israeli soldiers were hurt.Expert says Erdoğan’s visit to U.S. unsuccessful Large-scale hostilities are reported in Syria these days, with success on the side of government forces, Sargis Grigoryan said. |
