Investments in “Hrazdancement” will make 5.2 million dollars

. The British company “Mika Ltd.”, which has bought “Hrazdancement” enterprise, has undertaken obligations to invest 5.2 million dollars for development of the factory during 5 years. According to the data in “Official Reference Book of Republic of Armenia” this volume of investments is determined by the government which on fifth of May made the decision to sell the enterprise to the British company “Mika Ltd.” for 415 million drams. According to the information of “Arka” agency the enterprise “Hrazdancement” founded in 1970 is capable of producing 2.5 million tons of cement annually. The factory is equipped with 185 ovens, which allow to produce different types of cement.