Dutch rose growing company to invest AMD 7.5bn i in Armenia

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19.12.2024, 17:17

The ROZ ART Company has pledged to invest 7.5 billion drams to expand a greenhouse complex for growing Dutch roses.

Dutch rose growing company to invest AMD 7.5bn i in Armenia

YEREVAN, 19 December. /ARKA/. The ROZ ART Company has pledged to invest 7.5 billion drams to expand a greenhouse complex for growing Dutch roses.

Based on this, the Armenian government at a session on Thursday exempted the company from paying import duties.

The greenhouse, located in the Kotayk region of the country, currently covers an area of 26.5 hectares. The company plans to to build a new greenhouse with the area of 6 hectares. The money will be used to purchase equipment, raw materials and finance the construction work.

Currently, the company employs 292 people, by 2026 it is planned to increase the number of jobs to 337.

#ROSES. GREENHOUSE. ARMENIA

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