ARMENIAN JEWELLERY INDUSTRY’S SALES GROW 6.5% TO AMD 4.7 BILLION
/ARKA/
SEPTEMBER 23, 2011
YEREVAN
YEREVAN, September 23. /ARKA/. Armenian jewellery industry’s sales
totalled AMD 4.7 billion in Jan-June 2011 – 6.5% year-on-year growth,
Hayk Mirzoyan, Armenian economy ministry’s industrial policy division,
said on Thursday.
He told journalists that the jewellery industry’s exports totalled
AMD 4.4 billion – 5% year-on-year growth.
“This industry has started regaining momentum after the crisis, and
the government pays special attention to this sector,” he said. “We
hope this rally will continue.”
Mirzoyan said that the government decided in 2010 to exempt jewellery
companies from taxes and create preferential regimes. This step gave
a fresh impetus to the jewellery industry.
Armenian jewellery companies, he said, are now negotiating with
Russian suppliers to buy diamonds from them.
Some 31 jewellery companies operate in Armenia. ($1 = AMD 373.94).
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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