New Medical Plant To Be Built In Yerevan

NEW MEDICAL PLANT TO BE BUILT IN YEREVAN

ARKA
May 11, 2010
YEREVAN

Armenian president Serzh Sargsyan was present today at the foundation
stone laying ceremony for construction of a new plant in Yerevan to
produce disposable medical equipment.

Zhirayr Apoyan, head of SMT company, which is part of Russian Athena
Pallada company, said the first batch will be produced in the first
quarter of 2011. He said the plant will be producing syringes, blood
containers that do not need storage.

Zhirayr Apoyan said part of the products will be sold at local market
and other part will be sold abroad.

The plant will create about 800 new jobs with an average wage of
150,000 Drams or $380. Armenian economy minister Nerses Yeritsian
said the plant’s products will meet highest international requirements.