YEREVAN LEATHER HABERDASHERY FACTORY PLANS TO WIDEN<br /> PRODUCTION RANGE AND OPEN ITS OWN SHOP<br />


YEREVAN LEATHER HABERDASHERY FACTORY PLANS TO WIDEN
PRODUCTION RANGE AND OPEN ITS OWN SHOP

  • 19-09-2006 19:40:00   | Armenia  |  Economy
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. Over the past three years, the Yerevan Leather Haberdashery Factory (YLHF) has produced 3,000 units of production a month - wallets, as well bags of various types - school, women's and travel bags. The YLHF Director Zaruhi Shahparonian told NT correspondent about it, noting that their production is mainly based on orders of wholesale buyers. According to her, the factory started operating in 1974, and formerly its production was exported to Russia and other CIS countries. However, the terms of the contracts signed with these countries ended, and currently the factory's products are sold only on the domestic market. The factory director said that the local consumer has not shown an increased demand in their production, because the main rivals, Chinese manufacturers, import similar production into Armenia at lower prices. The high cost price of their production is mainly due to the considerable cost of raw material transportation: artificial leather is imported from Turkey, and natural leather is purchased on the domestic market. Z. Shahparonian said that the YLHF plans to produce leather jackets and open its own shop in Yerevan.
  -   Economy