Investment Projects, Business Armenia Relaunch of Glass Bottles Production | Seite 5

Detailed Project Description
Within the scope of the project, it is
planned to relaunch the glass bottle
production plant, which is located in
Armenia, about 15 km far from Yerevan.
The plant is located near one of the
interstate roads of primary importance
for Armenia.
The overall surface of the land is
13,000 square meters.
In that area, there are located the
production plant with a surface of 1250
square meter and a storage building with
a 1000 square meter surface. The entire
area of the land is completely renovated
and has all necessary infrastructures for
the operation of a plant.
The company can provide a wide
variety of glass bottles to the food,
aromatherapy and beverage industries.
It can produce more than 100 types of
glass products with different designs,
quantity
and
volume.
Annual
productivity is about 360 thousand units
of glass containers; however, the output
can be increased by adding a new bottle
production machine. In addition, the
company has a professional research
and development team composed of a
number of experts and senior engineers
in the glass industry, who can customize
glass products in accordance with
customers ‘requirements and offer
professional glass packaging solutions
for customers to raise the product value.
Overall, the company was successfully
operating a long period of time, during
which had a lot of orders for producing
various types of glass bottles both from
Armenian and foreign food and
beverage
producing
companies,
however due to the fall of the demand
and some other circumstances, the
company stopped its operations for
some period.
Currently, the company renovated its
technologies and is ready for the
relaunch of the operation. The one and
only reason for not resuming the
operation, is the absence of working
capital.
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