April 12, 2012 - 13:26 AMT
Ararat Group to invest $27mln in soft drinks production

On April 12, Armenian government allowed Ararat Group LLC to extend customs regime terms up to December 30, 2016.

According to Armenian Economy Minister Tigran Davtyan, the company invests USD 27 mln in establishment of soft drinks and mineral water factory in the city of Artashat.

Marton Forest Group (registered in UK) is the company’s shareholder, with Ararat Group LLC having already invested USD 14,5 mln.