IZRAELI COMPANY WILL GIVE "SHOGHAKN" ENTERPRISE $6 MILLION FOR GETTING DIAMONDS

September 4, 2001 - 23:47 AMT
PanARMENIAN.Net - Izraeli company "LLD Diamond Ltd" intends to give Armenian "Shoghakn" enterprise about $6 million for getting Russian diamonds. Director of diamond processing "Shoghakn" enterprise Sergey Gasparyan has informed journalists about that. He has pointed out that "Shoghakn", which 100% shares belong to "LLD Diamond Ltd", intends to get 34000 carats of diamonds. As "Arka" agency informs, this is the quota of the enterprise from total volume of Russian natural diamonds, which will be given to Armenia in 2001. The director of the enterprise pointed out that the processing of Russian diamonds will let them have 150 workers in addition to 550 workers that they have. It should be reminded that according to the agreement "LLD Diamond Ltd" has to invest $2.265 million into the enterprise for 2.5 years. The agreement stipulates that in 30 months 1330 workers will be employed with the minimal salary of $300.
 Top stories
Azerbaijani President travels to MoscowAzerbaijani President travels to Moscow
Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.
Azerbaijan admits death of 192 soldiers in Karabakh offensiveAzerbaijan admits death of 192 soldiers in Karabakh offensive
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
Azerbaijan increasing defense spending for 2023 by $650 millionAzerbaijan increasing defense spending for 2023 by $650 million
In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million).
Moscow could recognize those who speak Russian as Moscow could recognize those who speak Russian as "compatriots"
The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot".
Partner news
 Articles
Compassion is key, no matter what

An Italian photojournalist’s journey through the pandemic

 Most popular in the section
Global toll of mysterious hepatitis in children rises to 650 cases
Monkeypox does not pose a Covid-style risk, top health execs say
Sinjar becomes latest flashpoint for Iran-Turkey tensions in Iraq
Turkey-Syria earthquake death toll passes 15,000
Home
All news
Overview: Armenia and world
Archive for September 4, 2001
Other news in this section
 Latest news
Armenia named European U18 chess vice-champion The U18 chess team of Armenia won the title of vice-champion of the European Team Championship.
Iran says change in presidency won’t affect ties with Armenia Ambassador Mehdi Sobhani made the remarks when speaking to reporters at the Iranian Embassy.
Congress draft bill condemns Azerbaijan for Karabakh ethnic cleansing The bill condemns Azerbaijan for perpetrating ethnic cleansing against the Armenian population of Nagorno-Karabakh.
MEPs issue statement to defend Armenia-France military cooperation The deputies emphasized that having an army armed with combat and modern military equipment is the sovereign right of any country.
---