Customs privilege to another three companies

RA Government allowed prolonging “Temporary import for recycling” customs regime on imported into RA and not re- exported goods by Vanadzor “Gloria” head factory” LLC until February 6, 2015. The company produces cloths and cooperates with Italian, German and Russian companies. Now 850 people work in the factory. In 2013 “Gloria” signed an agreement with one of Russian sewing factories and imported raw materials and other substances. The company must have delivered ready product to the client in a year, but delay of final approval of models by the latter didn’t allow making the order in time. It is the cause for prolonging the customs regime period.

With another decision the executive delayed “Mavas Group” LLC investment project 200 millions AMD goods’ VAT payment period until May 27, 2017.

The company is intended to build 3 hectares of greenhouse farm in Kotayk region filling it with modern devices and investing about 1 billions 250 millions AMD by creating about 60 jobs.

RA Government