New plant for Pepsi production opens in Armenia June 1, 2011 - 13:39 AMT PanARMENIAN.Net - On June 1, Armenian President Serzh Sargsyan participated in the official opening ceremony of a new plant for production of soft drinks and natural juices of PepsiCo brand. Mr. Sargsyan familiarized himself with production capacities of the plant supplied with modern equipment of Berkfeld German company. “Currently it is one of the best plants worldwide by the level of its equipment,” business consultant of Jermuk International company Ghazaryan told journalists. According to him, the basic part of investments (22mln euros) has been already made, but the company is going to make additional investments to produce branded natural juices. Ghazaryan added that the plant has been established by local entrepreneurs – owners of Jermuk International, with which a franchise agreement was signed on usage of PepsiCo brand. The plant will create 250 jobs. It will produce Pepsi Cola, Mirinda, 7UP, Mountain Dew and Aquafina drinks. 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 | 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. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |