ArmInfo.. Volume Group is investing in the expansion of production of 623 million drams. At its meeting on April 18, the Armenian government approved the company's application for exemption from customs payments for imported equipment and raw materials.
According to the Minister of Economic Development and Investments of the Republic of Armenia Tigran Khachatryan, the company operates in the city of Artik and is engaged in the manufacture of gloves. The enterprise has 10 employees, with the expansion of production, this indicator will increase by another 30-40 jobs with an average salary of 90 thousand drams. It is envisaged that the production volumes will be about 1.2 billion drams, of which 700 million drams will be sold in Armenia and the rest in third countries. In 2018, the company paid 16 million drams to the state budget.
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