Factory of whey solids will be located on the Iran-Armenia border

Factory of whey solids will be located on the Iran-Armenia border

07-03-2007 17:15:36
KarabakhOpen

In the recent meeting of the NKR National Assembly Member of
Parliament Maxim Mirzoyan raised the question of the Arvard Company’s
whey solids processing unit. The minister of territorial
administration and development of infrastructures ArmoTsatryan said
the government had given the permission to sell the factory. However,
the sale of the unique equipment underwent hard criticism in the
Karabakh media. On March 6 KarabakhOpen.com got a letter from Narineh
Aghabalyan, the vice president of Arvard, which contains the answers
to a few questions. The letter runs: `The dairy factory of Stepanakert,
by an order of the NKR government, is the property of Mr. and
Mrs. Anivyan, which means they can do with their property whatever
they wish. Over the past few years a number of companies have bid for
Vardges Anivyan’s factory’s expensive equipment for production of milk
powder because the factory did not work. However, the owner of the
factory disagreed to take the equipment away from Armenia and refused
lucrative proposals. The representative of the Ashtarak Kat Company
also proposed to buy Arvard’s equipment but there was no deal because
at the last moment the buyer stated that it cannot operate the full
capacity of the processing unit.

Specialists say 90-100 tons of milk is needed to operate the full
capacity of the unit. According to statistical data, an annual 33.3
tons of milk is produced in Karabakh. It means even if all the milk
produced in Karabakh in a year is used for producing evaporated milk
or milk powder, it will not be enough. Considering this, the owner of
the factory decided to sell the equipment to Segal-Hall, a company
registered in Armenia, which is likely to install the equipment on the
border with Iran to export milk from this country as well.

The equipment was sold for 200 thousand dollars, including 33.3
thousand dollars of the VAT was paid to the state budget of
NKR. Vardges Anivyan is likely to invest the rest in dairy business
and several other projects in Karabakh.