  Lori LLC plans to sign credit agreement with Russia in 2010December 1, 2009 - 14:47 AMT PanARMENIAN.Net - Lori LLC plans to sign a credit agreement with Russia in 2010. "The credit will allow to increase the plant's capacity and to offer more job opportunities," Lori diamond processing plant director Isahak Aghajanyan told a news conference in Nor Hajn. "The credit will help increase exports to Russia by 30%. Two years ago, the plant operated with Russian raw materials, and now we have the necessary prerequisites to renew the collaboration with raw material suppliers, specifically with Alrosa CJSC," he noted. According to Isahak Aghajanyan, the plant workers' average salary totals about AMD 100 000, 90% of workers are Nor Hachn residents, 10% are from Yerevan.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Armenia considers Cyprus as one of its main partners in EU - envoy  Armenia considers Cyprus one of its main partners in the European Union, Ambassador Tigran Mkrtchyan has said.Armenian, Albanian Foreign Ministers discuss ties, regional issues Armenian Foreign Minister Ararat Mirzoyan had a meeting with the Minister of Foreign Affairs of Albania Igli Hasani.POLITICO: Baku lobbying agains detained Karabakh ex-leader abroad Azerbaijan is lobbying agains former Nagorno-Karabakh leader Ruben Vardanyan, according to POLITICO.Armenia confirms will attend NATO summit in Washington Armenia has confirmed its participation in the NATO summit in Washington, a spokesperson has confirmed. |
