Sisian knitting factory production exported to Russia

KAJARAN, SEPTEMBER 26, ARMENPRESS: The Sisian knitting factory of Aval Trade Company exports its production only to the Russian Federation. Armenpress was reported about it by the Executive Director of the Sisian knitting factory Armen Andreasyan. “Our agreements are mainly with the Russian companies and our production is consumed only in the Russian Federation. We do not have even a local market”, - said Armen Andreasyan.

The Executive Director of the Sisian knitting factory informed that the Russian Aval Trade Company has made investments of 30 million drams during the four months of the operation, which started since April 2013. “There are 90 people working at the factory with an average salary of 70-80,000 drams”, - said Armen Andreasyan.

In April-August 2013 production of about 70,7 million drams has been produced, which was exported to Russia.

The President of the Republic of Armenia Serzh Sargsyan is currently in the Syunik Marz on a working visit. The President Sargsyan visited the Sisian knitting factory of Aval Trade Company and got acquainted with the current works and the future plans of the factory.