Armenian government grants privilege to Jermuk Group
The Armenian government has granted a privilege to Jermuk Group, the largest producer of mineral and natural spring water in Armenia.
The company will be freed from customs duties for imports of technological equipment, their components and raw materials on the sidelines of an investment project.
The project eyes investments totaling to 363,110,020 drams for purchase of the products, Minister of Economic Development and Investments Tigran Khachatryan said at a Cabinet meeting on Thursday.
13 new jobs with an average monthly salary of 350,000 drams are also planned to be created as part of the project.