JEWELS OF 1 MLN USD SOLD MONTHLY IN ARMENIA
YEREVAN, JULY 24, NOYAN TAPAN. Though jewels of about 1 mln USD are
sold monthly in Armenia, local production of precious stones falls
into decay. As Gagik Abrahamian, Chairman of Board of Directors of DCA
company, informed at the July 21 press conference, reduction of diamond
production is conditioned by the crisis on the international market. It
resulted in decrease of Shoghakn’s and DCA’s production volumes,
the concrete amounts of which G.Abrahamian did not want to publicize.
He expressed the hope that this crisis is temporary. It was also
mentioned that DCA tries to fill in this gap by increasing volumes
of production of jewelry wares.
From: Emil Lazarian | Ararat NewsPress
