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Newplast meets best international standards: Minister says

21.06.2011, 01:05
Armenian economy minister Tigran Davtian praised today Newplast metal and plastic pipes manufacturing plant saying its output meets the highest international standards.
YEREVAN, June 20. / ARKA /. Armenian economy minister Tigran Davtian praised today Newplast metal and plastic pipes manufacturing plant saying its output meets the highest international standards.

"The quality of products and the business culture of this company are fully consistent with the best international standards. The company has gained a rightful place in the domestic market," the minister told reporters after visiting the plant.

The minister said also this company's operation is a good example of how imported products are being replaced by locally made. Then he also highlighted that the company has its own laboratory, equipped according to modern standards, where the expertise of both its own and imported products is made.

"These companies, which could be described as average, should be in the focus of our attention because they have a great potential for development. The government can offer assistance to our medium-sized enterprises,’ "he added.
In turn, Hovhannes Azarian, the director of "West Plast Group", the sales representative of Newplast, asked the government to help advertise the plant’s goods outside Armenia.

"About 20% of the company's products are exported to Russia and Georgia, where Turkish companies are effectively advertising their produces, as Armenian companies are deprived of these opportunities," he added.

As of June 1, 2011 Newplast produced some 169.1 million drams worth output, exporting also 37.8 million drams worth goods. The company employs about 50 employees, the average monthly salary is 100 thousand drams.($ 1 - 375.09 AMD).-0-