Thursday, February 27 2020 15:30
Alina Hovhannisyan

Lighter manufacturer received tax benefits as part of investment  program

Lighter manufacturer received tax benefits as part of investment  program

ArmInfo. The RA government decided to present tax benefits to "Sahlevs" Ltd. within the  framework of the investment program to launch the production of lighters in Armenia. This is stated in the statement of justification of the draft decision.

According to the source, the company plans to invest 170 million  drams for the purchase of technological equipment, their components  and raw materials from China. The exemption for customs duty  exemption will be 18.7 million drams.

As part of this investment program, it is planned to open 15 jobs  with an average salary of 150 thousand drams.

It is expected that the total production volume will be 140.5 million  drams, of which the production of 55.5 million drams will be sold in  Armenia, 70 million drams in the markets of the EAEU countries, and  15 million drams in third countries.  It should be noted that  "Sahlevs" Ltd.  has already made capital investments worth 109  million drams and received tax benefits.

To recall, "Sahlevs" Ltd. was founded in 2009 and is one of the  leading manufacturers and importers of household goods and products  in Armenia. We are also engaged in retail and wholesale trade for our  regional and local markets. We Import household products from  different countries such as India, Turkey, Georgia, Iran, Russia as  well as from China. Company's product range includes more than 30  items , such as Gas Pocket and Kitchen Lighters, Super Glues, Playing  Cards, Toothpicks, Cotton Swabs, Cotton Products, Wet Napkins,  Hygiene products for babies, Ballpoint Pens , Alkaline and Heavy Duty  batteries, Shaving Products etc: 

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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000