Quality paper and cardboard to be produced in Armenia

The Armenian government allowed today to extend ‘temporary imports for processing’ customs regime - until May 17, 2014 - for goods imported by Arko Gor CJSC into Armenia and not re-exported from the country.

The company is located in the city of Abovian. It implements an investment program, under which 10.5 thousand tons of high-quality paper and cardboard will be produced annually. Arko Gor currently has 40 employees. Another 35 jobs will be created, with the average monthly wage of 150,000 drams.