Lenteks to invest $4.5 million in production of knitted fabrics, hosiery and clothes

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19.01.2023, 14:09

The Lenteks company in Armenia's second-largest town of Gyumri plans to purchase AMD 1.8 bln ($.4.5 million) worth raw materials for producing knitted fabrics, hosiery and clothes.

Lenteks to invest $4.5 million in production of knitted fabrics, hosiery and clothes

YEREVAN, January 19. /ARKA/. The Lenteks company in Armenia's second-largest town of Gyumri plans to purchase AMD 1.8 bln ($.4.5 million) worth raw materials for producing knitted fabrics, hosiery and clothes.

At a session today, the Armenian government decided to grant Lenteks customs concessions in the amount of AMD 95mln for import of raw materials worth AMD 1.8bln.

The company, founded in 2001, intends to sell its finished production in the EEU member countries, the EU and the USA. ($1 - 396.36 drams). --0--

#KNITTED FABRICS

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