News

New life for Armenia´s footwear industry

26/03/2009

The president of the Union of Industrialists and Entrepreneurs of Armenia, Arsen Kazaryan, is reported to have announced in recent days that the country will invest between $8 million and $10 million to set up at least four new footwear manufacturing operations.The aim is to supply half of Armenia´s footwear needs from domestically manufactured...

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