6,5% growth in Armenian jewelry industry

PanARMENIAN.Net - The results of the first 6 months of 2011 compared to the same period of 2010 show 6,5% growth in the field of jewelry industry with total AMD 4,7 billion product realization.

Hayk Mirzoyan, Head of Industry Issues Department of Armenian Ministry of Economy told journalists in Yerevan that export growth of total AMD4,4 billion is also registered.

Within the frames of Armenian Jewelers Association exhibition, dedicated to the 20th anniversary of Armenia’s independence, Yerevan hosted "The role of AJA in integrating Armenia's jewelry industry into the international society of jewelers" conference. The conference addressed issues of collaboration between Armenia’s state structures and leading Armenian jewelry companies.

“We hope that the exhibition and the conference will enable Armenian jewelers to better familiarize themselves with Armenia’s investment and business spheres, with it undergoing considerable changes in terms of opening new production lines,” he emphasized.

Mirzoyan said, quoting National Statistical Service data, that there are 31 acting jewelry companies.

Famous Armenian Jewelers from USA, Canada, Switzerland, Russia, France, Italy, Thailand, Lebanon and other countries take part in the three-day exhibition. Well known jewelry brands, belonging to our Diaspora compatriots, such as Estate, Haytayan, Bergio, Tacori, Waskol, Yesayan Jewellery expressed willingness to participate in Yerevan Show.