Rus News Journal

In Armenia the factory " is started after reconstruction; Armenal "

the President of Armenia Robert Kocharyan and the prime minister - the minister of the Russian Federation Michael Fradkov have taken part in ceremony of start after factory reconstruction " Armenal ".

" This enterprise - a vivid example of possibilities of economic and investment cooperation of Russia and Armenia " - Fradkov has told, acting at ceremony.

He has noticed that in factory reconstruction has been enclosed 70 million dollars. It is a considerable part of total amount of the Russian investments into economy of Armenia which make $300 million.

Fradkov has expressed hope that the enterprise can take a worthy place in the world market.

" the Volume of output, quality of production, its demand in the world market is a Gud guarantee that you will occupy the ambry in manufacture and trade " - the Russian prime minister has told, being converted 2 factory collective.

Fradkov has informed that in Moscow he will report on opening of factory on the president of the Russian Federation as heads of two states discussed this project and its realisations contributed.

In turn, Kocharyan has noticed that upgrade of factory and its start - " it is result of active actions of the Russian side, the Armenian party, collective and financial institutions ". The president of Armenia has told that it will be the largest in Europe factory on foil manufacture, and the authorities of Armenia will do the utmost that the enterprise would not have any problems in WRK.

When the factory leaves on a total power, it will let out 25 thousand tons of a foil a year that in 2,5 times more than B4 its stop on reconstruction, the assistant to the general director of the company " has informed; Russian aluminium " Alexander Livshits.

project Cost has made $70 million.

" On a hardware, on ecological security, on all parametres it will be the best factory in Europe on foil manufacture " - Livshits has added.