STAR TO DEVELOP NEW PROJECT ON PRODUCTION OF SEMI-FINISHED GOODS AND CEREAL PRODUCTS
ArmInfo
2009-12-04 11:48:00
ArmInfo. The biggest retailer of Armenia, STAR Company, plans to
develop a new project in early 2010, jointly with a specialist from
the leading Georgian Populi supermarket network, on change of its
own production structure, STAR Executive Director Vahan Kerobyan
told ArmInfo.
According to him, the new project will aim at solution of the problems
in the sphere of logistics and marketing of the goods produced by
STAR. "We are acquainted with the high level of work of this expert
and are waiting for his proposals", Kerobyan said. He also said
they are negotiating with the Populi on export of meat products
of Natfood factory, belonging to Valletta Company in the person of
Henry Zakharyan, who is also a shareholder of STAR (71,7%), to the
Georgian market.
To note, production of own goods is one of the primary activities of
STAR Company. The range of goods includes cereal products, salads,
hot dishes, different semi-finished products, including fresh and
frozen ones, etc.
To recall, European Bank for Development and Reconstruction with 28,3%
equity share is one of the hareholders of STAR supermarket.