Investment, Economic Development Programs Supported
A cabinet sitting was held today, chaired by Prime Minister Tigran Sargsyan. The government decided to extend until August 10, 2015 the deadline set for VAT payments due by Armenia Wine Factory LLC for over AMD 300mn worth of goods and commodities imported under its ongoing investment program in the period from August 10, 2012 to November 30, 2013. The company is expected to invest AMD 1.4bn to get foreign equipment for the launch of a champagne production line. The planned 30%... more »
