Euroterm plant hopes to be granted VAT payment delay by govt

Euroterm plant hopes to be granted VAT payment delay by govt

PanARMENIAN.Net - On March 28, Armenian Prime Minster Tigran Sargsyan visited Euroterm CJSC (NOYAN brand) in Armenia’s Armavir province, accompanied by Minister of Economy Tigran Davtyan and general director of Armenian Agency of Development (AAD) Robert Harutyunyan.

According to the founder and director of Euroterm CJSC Edward Ghazaryan, the PM was briefed on the activity of production plants. Issues related to the construction of a new plant and the assistance the government stands ready to extend were also in focus of the meeting. Mr. Ghazaryan further stressed the company’s readiness to import from Italy and Sweden modern equipment for the new plant in 15-20 days.

“The plant is planned to process 30-35 thous. tons of fruits and vegetables,” he added.

The new fruits and vegetables processing plant is set to produce 7.5 thous. tons of fruit and vegetable concentrates annually 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.

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