ARMENIAN GOVERNMENT MADE A DECISION TO ALLOCATE FUNDS FOR REPAIR OF
ZANGEZOUR COPPER-MOLYBDENUM PLANT
YEREVAN, AUGUST 19. ARMINFO. Armenian government made a decision to
allocate 50 mln drams for repair of the building of the Zangezour
Copper-Molybdenum Plant cjsc, Deputy Minister of trade and Economic
Development of Armenia Ashot Shahnazarian told ARMINFO.
According to him, these means will be attracted due to the net profit
of the plant received in 2004. It should be noted that on the results
of 2003 the net profit of the enterprise exceeded $7 mln. The
leadership of the Ministry thinks that on the results of the current
year the profit will grow.