Renco Italian company is working on construction of a cycle track in Yerevan to be completed in August 2011.

The construction works worth AMD 5 billion 801 million 930 thous. were launched in June 2010.

On May 21, Armenian President Serzh Sargyan visited the construction site and was briefed on the works' progress.

As Renco President Antonio Passeri stated, “the 250-meter cycle track is built in accordance with international standards; tribune capacity is 3200 seats. Construction materials were imported from Europe.”

Renco has been operating in Armenia for 10 years.