Armenpress News Agency , Armenia
June 8, 2017 Thursday


400 million drams worth pharmaceutical project to be realized with
government's assistance in Armenia


YEREVAN, JUNE 8, ARMENPRESS. The Armenian government granted customs
privileges to Arpimed LLC for importing technical devices, raw
materials and components.

Suren Karayan, minister of economic development and investments said
the company will use the imported materials in pharmaceuticals.

“400 million drams will be invested and 12 new jobs will be created
during the program – with an average monthly salary of 200,000 drams.
The planned production volumes will amount 800 million drams, 500
million drams worth of production of which will be sold in Armenia,
200 million in other EEU states, and 100 million in third countries”,
Karayan said.