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RUSSIAN BUSINESSMAN VOWS MILLIONS OF INVESTMENT IN NAIRIT PLANT

YEREVAN, JUNE 15, ARMENPRESS: Speaking to reporters after a meeting with president Robert Kocharian, Andrey Ischuk, a member of the upper chamber of the Russian Federation’s parliament and the president of Russian Volgaburmash company, who has arrived in Armenia to accomplish the preparatory work for the purchase of the controlling stake of the Yerevan-based Nairit plant, said after formalizing the takeover deal on June 30, the company will get down to putting into operation the first conveyer of the plant that is expected to take 3-4 months.

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