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Armenian-American company to invest $70 million in smelter
Armenian-American company GTB Steel LLC plans to invest $30 million in the first stage and $40 million in the second stage to launch a smelting plant in Armenia's Ararat region, the Economy Ministry said. YEREVAN, 9 August. /ARKA/. Armenian-American company GTB Steel LLC plans to invest ... ... production in Ararat. The annual turnover of the enterprise will make $200-250 million. The plant was moved from the village of Yeraskh in the same region due to shelling by Azerbaijani armed forces in June-August this year. --0--
08/09/2024Armenian-American metallurgical plant to "move" from Yeraskh to Ararat
... The Armenian-American company is said to have invested about AMD 2 bln. in the construction of the smelter in the village of Yeraskh, but had to stop it as the smelter would come under regular fire from Azerbaijani military outposts located on a hill several hundred meters away in Nakhichevan exclave.. In December the government allowed GTB Steel LLC to relocate the plant to the Ararat village in the same name province, where it was given an area of 89,000 square meters. The initial investments in the project ...
01/12/2024Armenian-American smelter to be relocated from Yeraskh to village of Ararat due to Azerbaijani fire
The Armenian government allowed today an Armenian-U.S. company GTB Steel LLC that was building a smelter in the village of Yeraskh to relocate it to the Ararat village in the same name province. YEREVAN, December 14. /ARKA/. The Armenian government allowed today an Armenian-U.S. company GTB Steel LLC that was building a smelter in the village of Yeraskh to relocate it to the Ararat village in the ...
12/14/2023If shooting continues at unarmed workers that will be seen as direct attack on American capital, owners of Yeraskh smelter warn
... companies Virtual Funding LLC and CSE Global Investments LLC, which are building a steel casting plant outside the village of Yeraskh in the Armenian province of Ararat, warned Azerbaijan in a statement that if shootings in the direction of the unarmed workers of the plant continue, they ... ... ecological problems for Azerbaijan are false. Our plant is not a metallurgical, where metal is extracted from ore, but rather a metal smelter, where through casting the finished metals we will get rebar. In this case, there are no harmful emissions to the atmosphere ...
07/15/2023Search result 1 - 4 of 4
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