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USD

381.47

EUR

446.97

RUB

4.7393

GEL

141.58

#ASHTARAK-KAT

Business

US-based company may acquire Armenian dairy plant

A US-based company called Adra Remara may acquire an Armenian dairy company that ceased operations last month due to dire financial problems and huge debts.

01.12.2016, 16:13

Business

Expert says the government should support Ashtarak-Kat dairy plant

Inefficient management, the growing number of small competitors, high electricity and gas prices are some of the reasons prompting Ashtarak -Kat (Ashtarak Milk), one of the largest dairy companies of Armenia, to stop activity, Gagik Makaryan, the chairman of the National Union of Employers of Armenia told a news conference today.

29.11.2016, 18:23