Friday, March 31 2017 18:26
Naira Badalian

"Tufenkchi Group" invested $ 1.5 million to create small-scale production of medicines in Yerevan

"Tufenkchi Group" invested $ 1.5 million to create small-scale  production of medicines in Yerevan

ArmInfo. "Tufenkchi Group"  invested about $ 1.5 million to create a small production of  medicines in Yerevan. According to the press service of the Ministry  of Economic Development and Investments of Armenia, an official  opening ceremony of the new enterprise will be held on April 1.

"Tufenkchi Group" intends to establish production of high-quality  pharmaceutical products, in particular, pain relievers,  antihypertensives, food additives, vitamins, antidiabetic drugs and  others. Already this year the company plans to produce annually in  the amount of $ 350-400 thousand, creating 20-25 new jobs with  further expansion to 50-60 employees. The company is oriented to  sales markets in Syria, Lebanon, Jordan, Libya, Algeria, Yemen and  other countries of the region.