Vanessa Kachadurian Armenian Businesses

Friday, January 21, 2011

Vanessa Kachadurian- Finnish Company suggest to set up combined harvester plant in Armenia

Finnish company suggests to set up combine harvester plant in Armenia
YEREVAN, January 19, /ARKA/. Armenia’s territorial administration minister Armen Gevorkian received Tuesday a delegation of the Finnish Sampo Rosenlew company that specializes in manufacturing of combine harvesters. The company was founded 150 years ago.

According to the press office of the ministry, members of the delegation spoke about their company’s interest in the Armenian market and their intention to set up a plant here to assemble combine harvesters. The company runs such projects in many countries, including some CIS states.

The implementation of such mutually beneficial projects with involvement of the local potential, will give an opportunity not only to meet the country’s domestic demand but also export the combine harvesters to other countries, according to members of the Finnish delegation. The company intends to implement the project on a basis of partnership.

The vice prime minister described the proposal as very interesting saying a comprehensive study of the market and legislation is important for its successful implementation. He suggested that the guests look into the demand and business capacity of the market and meet also with Armenian agriculture minister. The vice prime minister expressed readiness to provide support in case of the implementation of the project. -0-

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