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Tatra truck production to launch in Armenia

Tatra truck production to launch in Armenia

PanARMENIAN.Net - A Tatra truck production factory will be built in Armenia’s Kotayk province, according to a memorandum signed between Tatra Trucks and Zenon LLC, a top official from Gazprom Armenia said.

Andranik Harutyunyan said the deal is the result of an agreement reached between prime minister Karen Karapetyan and Russia-based Armenian business people.

2000 new jobs will be created by the end of the project.

PAN’s sources separately confirmed the news.

Tatra is a Czech manufacturer producing vehicles. Owned by the Tatra Truck company, it is the second oldest company in the world producing cars with an unbroken history, after Peugeot.

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He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
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