“Elbat” battery factory opens

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YEREVAN, NOVEMBER 23, ARMENPRESS: “Elbat” battery factory opened today at the presence of Armenian President Serzh Sargsyan. Chairman of the Board of Directors of the factory Samvel Abrahamyan said the factory is able to produce 300 000 from 25 to 210 ampere batteries annually for all kinds of vehicles. “Our products are of high-quality, we have European high-level laboratory equipped with all the necessary devices and technology,” he said, adding that the factory has high-quality staff who were trained by high-quality European specialists. The average salary of the employees is 206 000 AMD. Samvel Abrahamyan said currently the factory has 145 employees and soon their number will reach 170.

The president walked across the factory, got acquainted with the production opportunities and powers.

The technical director of the factory Hakob Hakobyan said after studying the Armenian market in 2007 a business plan was worked out and in 2008 the reconstruction of the old factory started and ended in 2009. Afterward, the newest equipments were brought from 13 European countries – Italy, Germany, Austria, etc.

Armenian vice prime minister, territorial administration minister Armen Gevorgyan, economy minister Nerses Yeritsyan and Yerevan mayor Gagik Beglaryan were present at the event.

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