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NEWS » Business » ARS-Fain LLC intends to invest AMD 130 million in production of clothes
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ARS-Fain LLC intends to invest AMD 130 million in production of clothes

17.05.2019, 11:42
The Armenian government decided Thursday to provide customs preferences to ARS-Fain LLC that produces clothes.Economic Development and Investments Minister Tigran Khachatryan says the preferences are granted for purchasing necessary raw materials.

ARS-Fain LLC intends to invest AMD 130 million in production of clothes
YEREVAN, May 17. /ARKA/. The Armenian government decided Thursday to provide customs preferences to ARS-Fain LLC that produces clothes. Economic Development and Investments Minister Tigran Khachatryan says the preferences are granted for purchasing necessary raw materials. 

“The company is planning to invest AMD 130 million and create five jobs,” he said. “Now the company has 12 employees with the average salary of AMD 100,000.” ($1 – AMD 480.14). -0-
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