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Industry, mining & construction

publié le mercredi 6 janvier 2010

ARMENAL PRODUCES OVER 20,000 TONS OF FOIL
/DEC 23/ARKA/
ArmenAl Armenian-Russian foil-rolling plant has produced and sold this year over 20,000 tons of aluminum foil, twice as much as in 2008. The company has had this year 1,500 orders for foil from foreign partners.

EBRD TO FINANCE SARANIST GLASS MANUFACTURER IN ARMENIA
/DEC 23/ ARKA /
The European Bank for Reconstruction and Development is lending $3 million to Saranist, an Armenian producer of glass bottles and jars, to help the company increase its production capacity and diversify its product range. "The company was founded in 1989 as a small-scale bottle plant.
Saranist has since become one of the leading glass manufacturers in Armenia. It produces a variety of clear and coloured glass jars and bottles, which are sold both domestically and exported to Georgia," the press-service of the company reported on Wednesday.
The proceeds of the EBRD loan will be used to build an energy-efficient new furnace and glass production line. In addition to this, raw materials will be purchased to expand the manufacturing process.
The press-release also stated, that the project will enable Saranist to launch the production of new products, such as thick-bottomed jars.
To date the EBRD has committed over €335 million across more than 70 projects in various sectors of the Armenian economy.

GOLD CONCENTRATE OUTPUT UP 1.5% IN ARMENIA IN 2009
/DEC 24/Interfax, Russia/

ANOTHER HUNDRED MILLION FROM RUSSIA
/DEC 25/Lragir.am/
The Armenian government is currently negotiating with Russia on another loan of 100 million. It will be completely directed to the sphere of diamond industry.

PRIVATE INVESTORS FUND CONSTRUCTION OF UNDERGROUND PARKING FRAME
/DEC 25/Aysor/
Construction of underground parking structure in Yerevan is mainly funded by private investments, told Aysor’s correspondent Chief Architect of Yerevan Samvel Danielian.
"We are installing a new underground parking structure on financial backing of private investors. Five camps will be built on Shaumian Square, Aznavour Square, Sakharov Square, Liberty Square, and French Square. We’ll install 2,496 car parking spaces to 2014, finishing the construction works," said Samvel Danielian.
Some 9 underground parking structures are included in the General Plan and the Framework of territorial dealing of administrative zones, according to the chief architect. The installing works are expected to be finished by 2020, bringing additional 2,355 car parking spaces. I
nstalling of the three-storey underground parking structure on Liberty
Square, which begun in October 2008, is nearing its completion. It will be put into operation in spring of 2010, providing 500 car parking places.
Samvel Danielian said the 2009-2020 Plan on installing multistoried underground and ground parking structures is designed with focusing on the key goal to free streets from parked cars, especially, in the center of the city. Car parking places will be available by paid system.