President Sargsyan attends ceremony of laying foundation stone of 'SMT' medical company
Armenian President Serzh Sargsyan attended Tuesday the ceremony of laying the foundation stone of the Russian Afina Palada’s “SMT” Medical Company to develop medical appliances, President’s press office reported.
The company will produce single-use medical devices. “SMT” will provide 800 workplaces, including 400 at the first stage. The factory will be supplied with modern appliances. 50 percent of “SMT” production will be consumed in the domestic market, another 50 percent will be exported. First production release is scheduled late March, 2011.