Uk Company To Set Up Glassworks

A UK company plans to invest about USD 30 million to make crystal and glass packaging in Bureghavan (Armenia), said the Minister of Trade and Economic Development, Karen Chshmaritian, on 14 February 2005 during a meeting with Armenia's President, Robert Kocharian. According to the minister, the necessary equipment is already being installed and investors assure that the new company will start work from 1 August 2005. The new firm will employ about one thousand people. (whole item)