REOPENING CEREMONY OF DG ARMS CORPORATION'S PLANT HELD<br />


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.
  -   Economy