Tuesday, March 6 2018 11:50
Naira Badalian

Investments of knitted company "Satenkar" LLC will make 190mln AMD

Investments of knitted company "Satenkar" LLC will make 190mln AMD

ArmInfo. "Satenkar" LLC, which represents the trademark MELANTE, invests 190 million drams in production. The Armenian government plans to approve the company's application on exemption from the import customs duty for the import of technological equipment, their components, raw materials and materials at a meeting on March 6.

According to the justification for the document published on the website of the executive body, within the framework of the investment program, 7 additional jobs will be created with an average monthly salary of 82 thousand drams. The planned volume of production will make 286 million drams a year, which will be fully realized in Armenia.

LLC "Satenkar" was founded in 2002. One of the main achievements of the company is that all products are made only from environmentally friendly, high-quality knitwear, consisting of 100 of cotton.

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