Tuesday, July 18 2017 13:10
Alexandr Avanesov

French company Sodial intends to establish a dairy production enterprise in Armenia

French company Sodial intends to establish a dairy production  enterprise in Armenia

ArmInfo. The French company  Sodial intends to establish a dairy production enterprise in Armenia.  This was stated during the meeting with the Minister of Economic  Development and Investments of the Republic of Armenia Suren Karayan,  representative of the company Tony Zareh Bergo.

According to the press service of the RA Ministry of Economic  Development and Investments, the products produced at the enterprise  will be exported to the target markets of Armenia.  During the  meeting, the parties discussed the stages of the project  implementation. Suren Karayan said that with effective investment  projects, the Armenian government is ready to provide the necessary  assistance mechanisms. "Your visit to Armenia shows that the  agreements we reached in Paris are becoming a reality," the minister  said.

During the meeting, an agreement was reached that the ministry  organizes meetings with various departments in order to discuss the  processes necessary for the implementation of the investment program.   Meetings will be held with entrepreneurs. The representative of the  company "Solidad" noted that the main purpose of the visit of the  delegation to Armenia is the establishment of an enterprise in the  country for the production of dairy products, as well as the  improvement of its quality. "We want to export dairy products from  Armenia, which will increase the image of the country, as the  products will be exported with the logotype" Produced in Armenia. "We  feel the state support on this issue," Tony Zareh Bergo said.

Recall that in March of this year, within the visit of the RA  President to France, Suren Karayan and the EU Trade Attache in  Armenia met with representatives of more than ten French companies,  having discussed with them the possibilities of investing in the  Armenian economy. Among them were representatives of the company  "Sodial".

POST A COMMENT
Input digits     


News
Trump`s tariffs are almost entirely paid for by AmericansTrump`s tariffs are almost entirely paid for by Americans
Armenia should consider global factors in TRIPP project  implementation - expert Armenia should consider global factors in TRIPP project  implementation - expert 
Programs co-funded by government not to be taxable in Armenia Programs co-funded by government not to be taxable in Armenia 
Implementation of TRIPP project poses threat to Armenia`s energy  security - expertImplementation of TRIPP project poses threat to Armenia`s energy  security - expert
U.S. Sec of State commends Azerbaijani government`s shipments of fuel  to ArmeniaU.S. Sec of State commends Azerbaijani government`s shipments of fuel  to Armenia
Armenia`s national debt $14.531bln by Dec 31, 2025 Armenia`s national debt $14.531bln by Dec 31, 2025 
Contested results of state procurement in Armenia not to lead to  suspension of ongoing programsContested results of state procurement in Armenia not to lead to  suspension of ongoing programs
Economy Minister  reports strong growth to  Prime Minister Economy Minister  reports strong growth to  Prime Minister 
Global alcohol producers are Global alcohol producers are "drowning"
The world`s billionaires increased their wealth by 16% in 2025.The world`s billionaires increased their wealth by 16% in 2025.
Pashinyan: Armenian bank issues unprecedented volume of eurobonds on  international markets Pashinyan: Armenian bank issues unprecedented volume of eurobonds on  international markets 
Armenia, Egypt discuss cooperation on labor mobility and social  protectionArmenia, Egypt discuss cooperation on labor mobility and social  protection
Ardshinbank Has Issued an Unprecedented Volume of Eurobonds Worth $600 Million in International Financial MarketsArdshinbank Has Issued an Unprecedented Volume of Eurobonds Worth $600 Million in International Financial Markets
Armenian real estate market sees decline  following phased end  of  income tax refund program for mortgage holdersArmenian real estate market sees decline  following phased end  of  income tax refund program for mortgage holders
Armenia, Germany agree on joint innovation and technology projectsArmenia, Germany agree on joint innovation and technology projects
Armenia to introduce reverse mortgage system for pensionersArmenia to introduce reverse mortgage system for pensioners
 Armenia and Uzbekistan outline possible areas for further cooperation  in agriculture Armenia and Uzbekistan outline possible areas for further cooperation  in agriculture
Georgia intends to complete construction of roads connecting  Azerbaijan and Armenia with Turkey via Middle Corridor by 2026Georgia intends to complete construction of roads connecting  Azerbaijan and Armenia with Turkey via Middle Corridor by 2026
Europeans have leverage against the US - The EconomistEuropeans have leverage against the US - The Economist
Fitch Ratings revises Armenia`s outlook to positive; affirms at  `BB-`; forecasts GDP of above 5.0% in 2026-2027Fitch Ratings revises Armenia`s outlook to positive; affirms at  `BB-`; forecasts GDP of above 5.0% in 2026-2027
Fitch Ratings upgrades Armenia`s rating outlook from Stable to  Positive - RA premier Fitch Ratings upgrades Armenia`s rating outlook from Stable to  Positive - RA premier 
During the week of January 12-16, 2026, Armenia`s interbank foreign  exchange market experienced a rise in  dollar and ruble transactions During the week of January 12-16, 2026, Armenia`s interbank foreign  exchange market experienced a rise in  dollar and ruble transactions 
AraratBank Partners as General Sponsor of 4090 Charity Foundation`s Five-Year Milestone EventAraratBank Partners as General Sponsor of 4090 Charity Foundation`s Five-Year Milestone Event
 National standards  developed and approved  in tourism sector National standards  developed and approved  in tourism sector
 RA SRC  identified cases of counterfeit vodka and tobacco products RA SRC  identified cases of counterfeit vodka and tobacco products
The President of Belarus signed a decree on crypto banks in the countryThe President of Belarus signed a decree on crypto banks in the country
US banks returned a record $140 million to shareholdersUS banks returned a record $140 million to shareholders
Banks have no right to refuse to open accounts under Social Package  program - CBBanks have no right to refuse to open accounts under Social Package  program - CB
While second person lives below poverty line, Armenia`s leaders  receive bonuses reaching millions While second person lives below poverty line, Armenia`s leaders  receive bonuses reaching millions 
TRIPP is turning Armenia into hub for American economic interests in  South Caucasus region - expertTRIPP is turning Armenia into hub for American economic interests in  South Caucasus region - expert
Armenian-Turkmen  business forum takes place in YerevanArmenian-Turkmen  business forum takes place in Yerevan
RA  Ministry of Territorial Administration: Armenia, Azerbaijan   conduct joint inspection of  Yeraskh- Sadarak railway sectionRA  Ministry of Territorial Administration: Armenia, Azerbaijan   conduct joint inspection of  Yeraskh- Sadarak railway section
Armenia adjusting greenhouse subsidies  to attract young  entrepreneurs and individuals over 63 years  to the sectorArmenia adjusting greenhouse subsidies  to attract young  entrepreneurs and individuals over 63 years  to the sector
"Wings of Unity": Armenia needs an economy focused on production and  exports
Pashinyan assures there will be no increase in liquefied gas prices  Pashinyan assures there will be no increase in liquefied gas prices 
Armenian premier on reasons for premiums to government officialsArmenian premier on reasons for premiums to government officials
RA Central Bank identifies 72 unlicensed organizations offering  various financial servicesRA Central Bank identifies 72 unlicensed organizations offering  various financial services
Armenia presents solar energy management solutions at international  exhibition Abu Dhabi Sustainability Week (ADSW 2026)Armenia presents solar energy management solutions at international  exhibition Abu Dhabi Sustainability Week (ADSW 2026)
Regional Director of the U.S. Trade and Development Agency holding  talks in Yerevan Regional Director of the U.S. Trade and Development Agency holding  talks in Yerevan 
IBRC: Armenian businesses to gain access to export invoice insuranceIBRC: Armenian businesses to gain access to export invoice insurance
RA Economy Minister: Armenia ranks 37th out of 101 countries in WB  rankingRA Economy Minister: Armenia ranks 37th out of 101 countries in WB  ranking
The situation around Iran is pushing oil prices higherThe situation around Iran is pushing oil prices higher
Unforgettable Moments and a Profitable Offer at Myler. Idram&IDBankUnforgettable Moments and a Profitable Offer at Myler. Idram&IDBank
Net flow of foreign investment into Armenian economy dropped to  negative $221 million by October 2025, but FDI saw significant gainsNet flow of foreign investment into Armenian economy dropped to  negative $221 million by October 2025, but FDI saw significant gains
Economy Ministry`s priority programs to be aligned with peace agenda  - Gevorg PapoyanEconomy Ministry`s priority programs to be aligned with peace agenda  - Gevorg Papoyan
WB on major risks for ECA WB on major risks for ECA 
Armenia to remain EAEU member as long as it is compatible with its  desire to join EU - RA premier Armenia to remain EAEU member as long as it is compatible with its  desire to join EU - RA premier 
Issue of competitive procedures in implementation of various programs  priority for the Armenian government - Deputy MinisterIssue of competitive procedures in implementation of various programs  priority for the Armenian government - Deputy Minister
The global economy will grow by 2.6% in 2026, according to the World Bank forecastThe global economy will grow by 2.6% in 2026, according to the World Bank forecast
AraratBank Takes the Lead in Brand PR PerformanceAraratBank Takes the Lead in Brand PR Performance
Armenia plans to establish rules for calculating and paying VAT in  transactions involving supply of goods to individuals through EAEU  electronic platformsArmenia plans to establish rules for calculating and paying VAT in  transactions involving supply of goods to individuals through EAEU  electronic platforms
Armenian premier on planned construction of bridges across  Armenian-Azerbaijani border Armenian premier on planned construction of bridges across  Armenian-Azerbaijani border 
Programs co-financed by RA budget not to be subject to income taxPrograms co-financed by RA budget not to be subject to income tax
More Armenian airlines to get air tax benefit More Armenian airlines to get air tax benefit 
Cadastre Committee`s service centers to be replaced by advisory  centers - billCadastre Committee`s service centers to be replaced by advisory  centers - bill
Minister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactorsMinister on Armenian authorities` final decision on construction of  nuclear power plant with several small modular reactors
Armenia, Iraq discuss  energy cooperation Armenia, Iraq discuss  energy cooperation 
World Bank forecasts moderate slowdown for Armenia`s economy through  2027World Bank forecasts moderate slowdown for Armenia`s economy through  2027
Unemployment rate in Armenia drops to 11.8% in Q32025Unemployment rate in Armenia drops to 11.8% in Q32025
Russia`s International Reserves Reach a Record $763.9 BillionRussia`s International Reserves Reach a Record $763.9 Billion
Read more
Exchange rates
19.01.2026
RUB4.86-0.01
USD378.89-1.10
EUR440.42-0.90
GBP508.05-1.36
CAD272.84-0.69
JPY23.99-0.04
CNY54.41-0.11
CHF474.320.28