Fri, 23 May
18.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15
spot_img

Made in Armenia: Agata’s products selling already abroad (video)

YEREVAN, November 5. /ARKA/. Along with new up to date equipment, Soviet-made machinery and equipment received a second life. Two generations of machines – new and old – work side by side with updated features.

The Agata sewing factory  started with one sewing machine. Over the years, a new production was created on the dilapidated factory site, while the number of employees has grown from 4 to 40 people.

The sewing factory has been producing polyethylene fiber, filler, Armenian linen and bedding for ten years. In production, the international experience is also used and there is an exchange of experience with invited designers.

The sewing factory’s production partner is ACBA Leasing, with the support of which modern equipment was purchased, having raised production to a qualitatively new level.

“I didn’t have the opportunity to buy new equipment with new technology for my business, but in cooperation with ACBA Leasing we purchased it. Personally, I consider ACBA Leasing to be a partner, no matter why we apply to it; they always help us. We have been cooperating  to this day,” said Yerem Grigoryan, the founding director of the Agata sewing factory.

Details are in the video. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Acba Bank donates amd 130 million to Military Insurance Fund (video)

Acba bank and other members of the financial group - ACBA Leasing and Amundi-ACBA - have donated more than AMD 130 million to Armenia's Military Insurance Fund in recent months, the press service of the bank reported

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

US Dollar and Euro Exchange Rates Down Against Armenian Dram

As of May 2, 2025, the average market exchange rate for the U.S. dollar decreased by 0.53 points compared to April 30, landing at 389.41 drams.

LATEST NEWS

spot_imgspot_imgspot_img