EN
14 June 2003 - 14:18 AMT

ARMENIAN CONCERN INVESTED $4 MILLION IN IRANIAN ECONOMY

“Grand Holding” Armenian concern has invested some $4 million in two joint ventures of Iran. As holding head Hrant Vardanian told “Arminfo” agency, a lamp factory and a tobacco mill function there with Armenian capital participation. In his words, two conveyers were transported to Iran to expand the lamp production.