“Ecotomato” company to invest around 4 billion AMD in rose production in Armenia

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30.01.2025, 15:31

“Ecotomato” CJSC, which specializes in flower cultivation, plans to invest 3.8 billion drams in the establishment of a high-tech greenhouse farm.

“Ecotomato” company to invest around 4 billion AMD in rose production in Armenia

YEREVAN, January 30. /ARKA/. “Ecotomato” CJSC, which specializes in flower cultivation, plans to invest 3.8 billion drams in the establishment of a high-tech greenhouse farm.

At a meeting on Thursday, the Armenian government decided to exempt the company from customs duties.
The greenhouse farm, covering a total area of 8.3 hectares and located in the village of Goght in the Kotayk region, will use hydroponic methods to grow high-quality Dutch roses.
As part of the investment program, the number of jobs is expected to increase from the current 134 to 200 by 2026.

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