Armenia's Spayka to invest $56 mln in North Ossetia apple orchardsDecember 15, 2016 - 14:04 AMT PanARMENIAN.Net - Spayka, the largest international freight forwarding company in Armenia, is planning to invest some $56 million to create apple orchards and build a warehouse in North Ossetia, General Manager Davit Ghazaryan said at a meeting with North Ossetian leader Vyacheslav Bitarov. "We have extensive experience in greenhouse production in Armenia and the Russian regions alike," Ghazaryan said. "We possess modern, controlled-atmosphere refrigeration complexes, where fruit can be stored for a longer-than-usual period of time." According to Ghazaryan, the new project will enable the company to ensure 300 permanent jobs, while 700 more people will be hired in harvest time. The investment of some 3,5 million rubles ($56 million) will yield a multiplicative effect, he said, adding that the company is waiting for North Ossetia's support. Bitarov described the project as global, assuring that North Ossetia will create every condition for implementing it. 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |