Armenia develops its mushroom production

BY STAFF
– POSTED ON DECEMBER 19, 2014POSTED IN: ARMENIA, NEWS

YEREVAN. – During its Thursday’s session, the Government of Armenia
decided to postpone the Armenian-Dutch joint venture Biga Company’s
value-added-tax commitments, for three years.

The Company produces champignon-type mushrooms in Armavir Region, and
it has already invested 980 thousand Euros and created 24 new jobs, to
that end. Biga produces close to one ton of mushrooms, on a daily
basis, which are completely sold in domestic market, but a certain
quantity was exported to the United Arab Emirates.

The Government’s aforesaid decision will enable the Company to
establish another production facility, invest close to one-million
Euros, and create fifteen more jobs.