Japanese technology introduced to Lori diamond-cutting plant in Armenia

PanARMENIAN.Net - Triple excellent Japanese technology for diamond processing was introduced to Armenian Lori diamond-cutting plant, the plant’s deputy director said.

According to Grigor Shahnazaryan, diamond cutting with this technology 90% meets the requirements set whereas in other countries only 50% of diamond processing quality is secured.

The plant currently operates by 30-40%. The past ten months saw 57,7% decline in production which was utterly exported. According to Mr. Shahnazaryan, the company uses raw materials supplied by Russian company Alrosa and Belgian partners.

 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
---