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14 May 2012 - 09:55 AMT

ARMENAL output rises by 2% in Q1 2012

Yerevan foil rolling plant ARMENAL produced 6020 tons of foil in the first quarter of 2012, which is 2% more than the planned index.

According to Armenia’s Customs Service, ARMENAL exported 5897 tons of foil in January-March 2012, which is 0.5% or 30 tons more than in the same period in 2011.

ARMENAL accounted for 5.5% of Armenia’s total export volume in Q1 2012.

The plant’s taxes to the state budget accounted for AMD 299.2 mln in the reporting period, which is almost 40% more than the 2011 similar index.

According to the press service of the company, ARMENAL contributed AMD 67.6 mln (5.1% growth) to Social Security Fund.