AUSTRIAN INVESTMENT COMPANY TO BE FOUNDED IN ARMENIA

NOYAN TAPAN

JU LY 8
EREVAN

The directions of activity of an Austrian investment company to be
founded in Yerevan will be cleared up during the Austrian businessmen’s
delegation’s July 9-10 visit to Armenia. Robert Haroutiunian, the
Director General of the Armenian Development Agency (ADA) said on July
7. According to him, the company is expected to promote investment
activity in the RA regions, as well, in spheres of agriculture and
manufacturing of various goods.

According to R. Haroutiunian, the activity of ADA representative in
Vienna from the end of 2007 contributed to Austrian businessmen’s
such interest in Armenia.

It was mentioned that it is envisaged to hold Armenian-Bulgarian,
Armenian-Indian business forums this year.