1.6 mln AMD ($3.6 Mln) Construction Materials Produced In Armenia On

1.6 MLN AMD ($3.6 MLN) CONSTRUCTION MATERIALS PRODUCED IN ARMENIA ON FIRST QUARTER OF 2005
YEREVAN, MAY 2. ARMINFO. The enterprises engaged in production of
construction materials in Armenia manufactured 1.6 mln AMD ($3.6 mln)
production in the first quarter of 2005, which is 18.4% more than
in the same period of 2004. The Ministry for trade and Economic
Development informs ARMINFO.
According to the source, the sales volumes of the construction
materials grew 44.4% totaling 1.8 bln AMD ($3.9 mln). Exports doubled
in the same period of time totaling 1.1 bln AMD ($2.4 mln). The
greatest part of the production and export was the share of cement.
The production volume of the OJSC “Araratcement” in the first quarter
of 2005 as against the same period of 2004 grew 53.8% totaling 1.4 bln
AMD ($3 mln). The sale volumes increased 64.5% making up 1,4 bln AMD,
exports grew 139.1% or to 989.7 mln AMD. The production volumes of
Mika Cement LTD in the period under review decreased 64.2% totaling
143 mln AMD ($312,000). The sales volume decreased 7.9% totaling
340.5 mln AMD, exports – 4.8%, totaling 134 mln AMD.