 Armenian businessman will build meat processing plant in Moscow February 15, 2019 - 12:18 AMT PanARMENIAN.Net - Elitgroup will build a large industrial complex in Moscow. The investment contract was signed by the Mayor of the Russian capital Sergey Sobyanin and the owner of the company, Armenian businessman Kamo Avagumyan at the Russian Investment Forum in Sochi. The company has been given a land plot of more than 3.1 hectares in the Western Administrative District. In December 2018, the project was given the status of an investment priority project, Moskva24 reports. Initial investment in the project is estimated at 1.2 billion rubles (approx. $18 million). Construction will be completed by the end of 2022. The complex will cover an area of 28 thousand square meters, while the production will create more than 450 jobs. The enterprise will specialize in the production of semi-finished meat products. Production must comply with the most stringent environmental requirements, including the installation of modern sewage treatment plants. Elitgroup Holding was established in 1998 and is currently one of the largest enterprises in the wholesale trade of food. Related links:   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Related sections Latest news U.S. welcomes Armenia, Azerbaijan’s border delimitation announcement  Blinken said it is an important step towards concluding a durable and dignified peace agreement.Residents Of border villages protest as Armenia, Azerbaijan agree on delimitation Residents of several Armenian communities in the northeastern Tavush province began protests late on Friday.Up to 10% cashback from GetTransfer with IDBank cards IDBank clients who make their booking on GetTransfer will receive an exclusive cashback.Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. |
