REOPENING CEREMONY OF DG ARMS CORPORATION'S PLANT HELD
07-09-2007 12:00:00 | Armenia | Economy
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The Armenian prime
minister Serge Sargsian on September 6 participated in the
reopeing ceremony of DG Arms Corporation's plant, visited the
workshops of the plant where he familiarized himself with the
modernization work done.
Prior to the ceremony, company employees went to the
Pantheon after Komitas and paid a tribute of respect to the
memory of the former Armenian prime minister Andranik Margarian:
it was during his term of office and with his direct assistance
that the process of relaunching the plant was initiated.
During the ceremony it was underlined that along with
increasing its production volume, DG Arms Corporation CJSC pays
great attention to improving the quality of production. With
this aim, a quality control system in line with international
standards has been introduced in the company which will help the
company have a leading position in international market.
Under the program on privatization of Neutron CJSC and
Bagavan CJSC, since April 2007 DG Arms Corporation has
implemented large-scale construction and repair work of
production capacities and administrative territories, making
investments of 4.7 million dollars.
In order to update and replenish the technologies and
equipment, DJ Arms Corporation plans to import flow production
chains of 22 million dollars into Armenia within the next 2-3
months, which will allow to icrease the volume and range of
its products.
According to the RA Government Information and PR
Department, S. Sargsian was assured that DG Arms Corporation
will continue its investment policy in the defence sphere by
producing ammunition for security of the Republic of Armenia.