Vanessa Kachadurian Armenian Businesses

Friday, March 25, 2011

Vanessa Kachadurian-Armenia's leading gold mining company



Armenia’s leading gold mining company continues its technical upgrading
March 25, 2011 - 12:48 AMT 08:48 GMTPanARMENIAN.Net - GeoProMining Gold company has launched the next stage of the program on technical upgrading.

Under the program, the Company acquired five Belaz dump-trucks, as well as wheel-loader Caterpillar RH-988. Recently 2 dump-trucks were delivered to Armenia and put into operation at Sotk mine of GeoProMining Gold company.

Purchase of mining equipment is an integral part of the investment program of modernization, which was launched in 2010.

The program involves capital investments in technical upgrading of the mine to implement a set of measures to improve the technical and economic level of production through introduction of advanced equipment and technology, mechanization and automation of production, modernization and replacement of outdated and physically worn-out equipment with new, more productive machines, etc.

Friday, March 18, 2011

Armenian influence on the Rice-a-Roni franchise.



Philanthropist Lois DeDomenico at her Piedmont, CA home


Piedmont philanthropist -- with a hidden Rice-A-Roni history -- to be honored at Women's Hall of Fame event
By Angela Hill
Oakland Tribune
Posted: 03/18/2011 12:00:00 AM PDT


Click photo to enlargeLois DeDomenico is photographed at her home in Piedmont Calif., on... ( Deeba Yavrom/Staff )«123»OAKLAND -- As the first inductee into the philanthropy category -- new this year at the 18th Annual Alameda County Women's Hall of Fame awards ceremony Saturday -- Piedmont's Lois DeDomenico will be honored for her extensive, years-long, ongoing support of many local charities and nonprofits, including Girls Inc., Chabot Space & Science Center, the new East Bay Community Foundation building in downtown Oakland, plus a current capital campaign to build a resource center for girls, and much, much more.

Oh, and she's the Rice-A-Roni lady, too.

"Well, I'd rather focus on philanthropy than the rice, but yes, that's me," the elegant, silver-haired woman said last week, seated on a sofa in her home with her longhair rag doll cat named Max flopping around in her arms.

And while DeDomenico would prefer to keep her role in developing the "San Francisco Treat" in the background, there's no denying it's a delightful story, immediately bringing cable cars and catchy commercials to mind.

Originally from Canada, she met her future husband in San Francisco in the 1940s. Tom DeDomenico was one of four sons of a turn-of-the-last-century Italian immigrant who worked with their father, Domenico "Charlie" DeDomenico, to develop the pasta business that would later be known as the Golden Grain Macaroni Company.

In 1946, Lois and Tom, young newlyweds, rented a room from an Armenian woman in the city. She taught Lois how to make rice pilaf, and


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it soon became a favorite at DeDomenico family dinners. Then in the '50s, Tom's brother Vince combined it with a chicken-soup mix made at the plant, plus rice and vermicelli, and named it Rice-A-Roni.

The Quaker Oats Company later purchased Golden Grain in 1986, and Tom DeDomenico passed away in 1992. But Lois DeDomenico, now in her 80s, still has people ask her about the product all the time.

"I go to a health spa once a year in Mexico, and even there I meet young women from all over the country who know about Rice-A-Roni and start singing the jingle," she said.

Lois DeDomenico is pleased, but surprised, at the Hall of Fame honor, she said, and defers recognition to other board members and staff of the groups she supports. She joined the board of Girls Inc. in Oakland several years ago, and thoroughly believes in the organization's mission to "inspire all girls to be strong, smart and bold," she said.

"That really grabbed me, and I wanted to support that goal."

She most recently embarked on a capital campaign for a girls' resource center to be built in downtown Oakland. So far, the campaign is halfway toward its goal to reach $10.5 million for the center.

The 18th Annual Alameda County Women's Hall of Fame luncheon and awards ceremony will be held Saturday, at the Greek Orthodox Cathedral, 4700 Lincoln Ave., Oakland.

The program raises money for local charities addressing women's health issues.

The Women's Hall of Fame also sponsors a youth scholarship to help a girl or young woman further her education or training. Tickets to the luncheon and awards ceremony are $75. Call 510-272-6510 or go to www.acgov.org/cao/halloffame.

Thursday, March 17, 2011

Armenian Business- Pharmaceuticals grows from 1.9 Billion Drams to 3 Billion drams in 5 years.

Armenia’s Pharmaceutical Industry Grows From 1.9 Billion Drams In 2005 To Almost 3 Billion Drams In 2010
YEREVAN, November 16, /ARKA/. Armenia’s pharmaceutical industry has grown from 1.9 billion Drams in 2005 to almost 3 billion Drams in 2010, Lala Markariants, a coordinator of pharmaceutical programs of the USAID-funded Competitive Armenian Private Sector (CAPS) Project said today at the Third International Conference on Armenian Pharmaceutical Competitiveness.

The event this year highlighted the process of introducing EU standards and the required legislative framework, as well as export possibilities for local products to CIS markets.
Lala Markariants said Armenian pharmaceutical industry has the potential to grow further and become competitive both at local and foreign markets.

According to economy minister Nerses Yeritsian, last year the local pharmaceutical companies exported $4.5 million worth products and the figure rose by 19% in the first nine months of 2010. About 40 percent of Armenian pharmaceutical products are sold to Russia, Georgia, Ukraine, Belarus and Central Asian countries.

According to Lala Markariants, last year Armenia’s market of drugs was estimated by experts at $100 million. Local companies imported $67 million worth drugs, while y $6.8 million worth medications were produced locally. Twelve of 17 licensed pharmaceutical companies are very active, according to Lala Markariants, and besides 30 companies are engaged in import and distribution o drugs. The country has 1,600 drugstores.

The conference was held by USAID-funded Competitive Armenian Private Sector (CAPS) Project and the Medicine Producers and Importers Union jointly with the Armenian Ministry of Health, Ministry of Economy and Scientific Center of Drug and Medical Technology Expertise It hosted the chairman of the standing committee on healthcare of the National Assembly Ara Babloyan, minister of health Harutyun Kushkyan, USAID/Armenia Mission Director Jatinder Cheema, other officials and over 150 representatives of pharmaceutical producers, relevant state and international organizations, educational institutions, NGOs and business associations. -0-