CRYSTAL PROCESSING PLANT TO BE CONSTRUCTED IN ARMENIA BY YEARNED
PanARMENIAN.Net
April 25, 2012 – 16:55 AMT
PanARMENIAN.Net – Armenian Prime Minster visited Armenian-Swiss Joint
Venture Astra, specialized in production in the field of precision
engineering. Tigran Sargsyan familiarized himself with the production
process and development programs of the company.
In 2011, Astra’s production totaled AMD 34,5 mln, growing by 132,7%
against the 2010 index, with product realization volumes grossing
AMD 31 mln.
2011 saw the establishment of Astra Crystal to specialize in
cultivation and processing of technical crystals, as well as production
of pure raw materials of technical sapphire.
The investment program for the new plant totals USD 9 million. The
construction of the new plant is planned to be completed by yearend.
The program envisages creation of 20 new jobs vacancies with AMD
180 thous. monthly salary. The production will be exported to China,
Russia and the EU, RA government’s press service reported.
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Direct link to this article: https://www.armenianclub.com/2012/04/26/crystal-processing-plant-to-be-constructed-in-armenia-by-yearned/