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Armenian Jewellery Industry’s Sales Grow 6.5% To AMD 4.7 Billion

24.09.2011, 01:33
Armenian jewellery industry’s sales totalled AMD 4.7 billion in Jan-June 2011 – 6.5% year-on-year growth, Hayk Mirzoyan, Armenian economy ministry’s industrial policy division, said on Thursday.
YEREVAN, September 23. /ARKA/. Armenian jewellery industry’s sales totalled AMD 4.7 billion in Jan-June 2011 – 6.5% year-on-year growth, Hayk Mirzoyan, Armenian economy ministry’s industrial policy division, said on Thursday.

He told journalists that the jewellery industry’s exports totalled AMD 4.4 billion – 5% year-on-year growth.
“This industry has started regaining momentum after the crisis, and the government pays special attention to this sector,” he said. “We hope this rally will continue.”

Mirzoyan said that the government decided in 2010 to exempt jewellery companies from taxes and create preferential regimes. This step gave a fresh impetus to the jewellery industry.

Armenian jewellery companies, he said, are now negotiating with Russian suppliers to buy diamonds from them.

Some 31 jewellery companies operate in Armenia. ($1 = AMD 373.94). –0—