“Vallex Group” invested about $250 million in 15 years in the economy of Armenia and Karabakh

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Economy

19.07.2011, 20:23

The company “Vallex Group” invested about $250 million in 15 years in the economy of Armenia and Karabakh, said Director of the company Valeri Mezhlumyan during the events dedicated to the Day of Metallurgist and Miner in Alaverdi.

YEREVAN, July 19. /ARKA/. The company “Vallex Group” invested about $250 million in 15 years in the economy of Armenia and Karabakh, said Director of the company Valeri Mezhlumyan during the events dedicated to the Day of Metallurgist and Miner in Alaverdi.

Only $100 million was invested in the construction of Teghut mining plant and in the project of operation of copper-molybdenum mine.

In the next two years the company plans to invest another $250 million which means that the total amount of investments of “Vallex Group” in Armenia and NKR will make half a million dollars.–0-

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