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VanSevan to reequip the winery and create new jobs

15.02.2018, 15:29
The Armenian winemaking company VanSevan LLC will create 11 new jobs and reequip its winery, deputy minister of economic development and investments Tigran Khachatryan said at a meeting of the Armenian government on Thursday.

VanSevan to reequip the winery and create new jobs
YEREVAN, February 15. / ARKA /. The Armenian winemaking company VanSevan LLC will create 11 new jobs and reequip its winery, deputy minister of economic development and investments Tigran Khachatryan said at a meeting of the Armenian government on Thursday. He said the average wage at the plant will be 200 thousand drams.

The government meeting also decided to provide the company with additional VAT benefits. The winery is located in the village of Araks in Aragatsotn province. The deputy minister said the company was granted a VAT deferment for the import 31.5 million drams worth equipment.

Earlier the company pledged to invest 150 million drams in wine production and create 7 new jobs with an average monthly salary of 160,000 drams. Tigran Khachatryan said VanSevan LLC planned to increase the output to 680 million drams a year in 36 months. ($1 – 481.61 drams). -0-