ARARATCEMENT CONTINUES INCREASING OUTPUT

YEREVAN, AUGUST 23. ARMINFO. Araratcement, the biggest cement producer
in Armenia, continues increasing its output and exports.

In Jan-July 2004 the company’s output was 3.241 bln AMd which is 48%
more than in Jan-July 2003. The sales grew by 80.3% to 3.079 bln AMD,
the exports totalled 1.430 bln AMD – 14 times as much as a year
before.

The second biggest cement producer Mika Cement produced cement for
1.988 bln AMD – 68% growth. The sales was 1.652 bln AMD (+27.8%), the
exports 429.8 mln AMD (3 times growth).

From: Emil Lazarian | Ararat NewsPress