  Crystal processing plant to be constructed in Armenia by yearned April 25, 2012 - 19:11 AMT PanARMENIAN.Net - Armenian Prime Minster visited Armenian-Swiss Joint Venture Astra, specialized in production in the field of precision engineering. Tigran Sargsyan familiarized himself with the production process and development programs of the company. In 2011, Astra’s production totaled AMD 34,5 mln, growing by 132,7% against the 2010 index, with product realization volumes grossing AMD 31 mln. 2011 saw the establishment of Astra Crystal to specialize in cultivation and processing of technical crystals, as well as production of pure raw materials of technical sapphire. The investment program for the new plant totals USD 9 million. The construction of the new plant is planned to be completed by yearend. The program envisages creation of 20 new jobs vacancies with AMD 180 thous. monthly salary. The production will be exported to China, Russia and the EU, RA government’s press service reported.   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 |  Latest news Get Started: An educational platform for young startuppers  The Get Started program which operates in two phases is an important platform for young startuppers.Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan.Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months.Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |
