Venture investment fund to be set up in Armenia with
participation of Sitronics
19-12-2008 21:00:00 | Armenia | Economy
YEREVAN, DECEMBER 19, NOYAN TAPAN. Issues related to
further development of cooperation in the high-tech sector were
discussed at the December 19 meeting of the Armenian prime
minister Tigran Sargsyan with the chairman of Sitronics OJSC
Sergei Aslanian, the deputy chairman Sergei Urezchenko and the
authorized representative of the company in Armenia Armen
Khachatrian.
S. Aslanian presented Sitronics's activities, its
participation in federal target programs in Russia, its
international links and involvement in the forthcoming
initiatives and projects on cooperation in the high-tech sector
in Armenia, CIS, Central and Eastern Europe and some other
countries. In particular, he spoke about the possibility of
creating a free economic zone of research type in the area of
RAO Mars CJSC transferred to Russia under the Property for Debt
Agreement. This possibility was an instruction given at the 10th
sitting of the Armenian-Russian Intergovernmental Commission on
Economic Cooperation Issues. S. Aslanian also discussed the
creation of a venture investment fund in Armenia with the
participation of Sitronics, noting that their company is
prepared to present its cooperation program on this issue soon.
According to the RA Government Information and PR
Department, T. Sargsyan attached importance to cooperation with
Sitronics, expressing confidence that this cooperation in the
high-tech sector will be mutually beneficial and efficient.