Bjni plant (Armenia) to be re-operated soon

Bjni plant (Armenia) to be re-operated soon

YEREVAN, February 20. /ARKA/. The new owner of the Bjni plant Ruben
Hayrapetyan said that the enterprise will resume production late this
or early next month.

The Bjni plant was put up for forced sale on February 16 and auctioned
off for 4.441bln AMD ($14.5mln).
`We will start the acceptance process next Monday, the enterprise is
most likely to resume production late in February or early in March,’
Hayrapetyan told reporters.

As regards possible investments, he said that any specific statements
can only be made after the acceptance process has been completed.

`Investments will be made if necessary,’ Hayrapetyan said. He does not
rule out the purchase of a modern production line.

He stressed that no dismissals should be expected. `Experienced
personnel are much more efficient than new people,’ Hayrapetyan