Lithuanian company ready to invest one million euros in establishing orthopedic hardware production in Armenia

Lithuanian company ready to invest one million euros in establishing orthopedic hardware production in Armenia

YEREVAN, July 30. / ARKA /. Lithuanian company Vilties Ziedas is ready to invest at least one million euros in establishing a branch in Armenia after a detailed study of the local market and the country's health system,  company’s CEO, Lucia Yurgelaytene, told reporters on Wednesday on the sidelines of an Armenian and Lithuanian business gathering in Yerevan. 

Vilties Ziedas is engaged in the production of orthopedic hardware, their application, integration of the disabled into the society, as well as vocational training and rehabilitation. 

Lucia Yurgelaytene noted that the Lithuanian side is interested in deepening business ties with Armenia. 
"I am in Armenia for the first time, but I have already learned hat the Armenian market does not offer a large variety of orthopedic hardware," she said. 

"We looked into the possibility of exporting our products to Armenia, but since our products are made for each client individually, we are tending towards establishing a branch here."  said Yurgelaytene. -0 -

16:37 30.07.2014

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