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Innovation Projects Leasing Promising In 2009

INNOVATION PROJECTS LEASING PROMISING IN 2009

PanARMENIAN.Net
11.05.2009 16:52 GMT+04:00

/PanARMENIAN.Net/ Financing of innovative projects, agriculture,
processing enterprises, as well as internal transportation and spheres
with a great number of entrepreneurs will be profitable this year,
ACBA Leasing deputy CEO Arsen Bazikyan said in an interview with
PanARMENIAN.Net.

"We have no priority spheres, we finance all the spheres of
economy. There are certain internal guidelines, which we have
formulated and our activities will be directed fulfill them. Since
the beginning of our activities we outlined a segment of juridical
and physical persons. We mainly work with small and medium business,
and we keep to our policy not to finance very big projects, since at
the moment we consider them to be very risky," he said.

"In 2008 a great amount of deals was observed in the service industry,
which is very broad and includes medicine, services of tourism
and transport companies, Internet service providers, distributors,
etc. The sphere of industrial production was financed most of all,"
Mr. Bazikyan said. "Since 2008 there have been very interesting
projects, including purchase of equipment for new small hydro powers."

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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