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YEREVAN, MARCH 31, ARMENPRESS. The Tufenkchi Group factory will be opened in Yerevan on April 1, which will produce high quality pharmaceuticals.
Minister of economic development & investments Suren Karayan and healthcare minister Levon Altunyan are expected to attend the opening ceremony.
Tufenkchi Group will produce high quality pharmaceuticals, including painkillers, hypertension drugs, nutritional supplements, vitamins, anti-diabetic drugs etc.
More than 1,5 million USD have already been invested for this purpose.
The factory plans to produce 350-400 thousand USD worth production during 2017, create 20-25 jobs, and in the future enhance production, creating additional 50-60 jobs. The company plans to export its products to Syria, Lebanon, Jordan, Algiers, Yemen and other countries.