and LLC "Suren-Ani" have established cooperation to provide legal entities with leasing of electric drying of fruit and vegetables

ArmInfo. The Deputy Executive Director of the "SME Investments" Hrach Gharibyan and Suren Galstyan, the director of LLC Suren-Ani, signed a memorandum of cooperation providing for the purchase of digital equipment for drying fruit and vegetables for legal entities on preferential terms. It is about legal entities and private entrepreneurs, representing the sphere of trade and processing industry. The memorandum was signed on July 26 at the Ministry of Agriculture of Armenia, on the eve of a press conference on this matter.

"Thanks to the start of cooperation, the "SME Investments" got the opportunity to purchase digital equipment for drying and to give it to the beneficiaries in leasing," Gharibyan said. According to him, the economic entities for purchasing digital dryers will be able to receive financing in the national currency, at a rate of 12% per annum, with a maturity of 1 year, with advance payment of up to 20% of the equipment cost. "Depending on the capacity and technical parameters, the cost of equipment varies from 3 million to 5 million AMD," he stressed.

For his part, Galstyan noted that in terms of technical parameters, the equipment is in no way inferior to foreign analogs, and in terms of cost is 1.5-2 times cheaper. The facilities are offered 3 types of equipment - with a capacity of 550 kg, 750 kg and 950 kg. "The introduction of electric drying will speed up the processing, and this in turn will stimulate the enterprise in terms of increasing export volumes due to high demand," he said.

In particular, Galstyan noted that in addition to the main purchase in the domestic market, the company "Suren-Ani" exports its products to Georgia, along with what there are agreements with a number of enterprises from Kazakhstan and Russia.

To note, Suren-Ani LLC, founded in 1997, has been successfully operating in agribusiness for 17 years.  The company offers special electric equipment of Armenian production for drying fruit and vegetables and is engaged in the production of dried fruits.

To recall, Universal Credit Company "SME Investments" was established in August 2009 by the National Center for SME Development of Armenia Fund (SMEDNC). The assets of the company as of January 1, 2017 amounted to 12.4 billion AMD, out of which 64.7% or over 8 billion AMD - loan investments.