Armenian electrical appliances manufacturer to enter Iranian marketMarch 22, 2011 - 12:09 AMT PanARMENIAN.Net - “Elektrasarq” ojsc, an Armenian electrical appliances manufacturer, is going to enter the Iranian market. By the end of April, the company will dispatch the first lot at the amount of $50 thousand, executive director Karen Sargsyan told journalists in Yerevan. Currently, the company employs 145 people. 98% of production is exported to Russia, Ukraine, Belarus, Kazakhstan and Uzbekistan, with the annual turnover totaling AMD 400-500 million. 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |