Yerevan/Mediamax/. Armenian government will provide a preferential credit line to “Euroterm” CJSC for expanding production.

Mediamax reports that the Armenian Minister of Economy Tigran Davtyan stated today following the results of the visit to “Noyyan” natural juice production plant that a tentative agreement has been reached concerning that issue.

In 2010, “Euroterm” Company implemented a new production line with the capacity of 7000 liters an hour.

According to the Minister, the company will be rendered credit and financial assistance, taking into account expansion of the current production. This, according to Tigran Davtyan, means increase in the number of workplaces, new opportunities, as well as increase in the volumes of export.

Director of “Euroterm” Company Edward Kazaryan noted that the majority of the company’s production is sold abroad. The production volumes in 2010 made 1.3mln liters of juice, 900 thousand cans of jam and tinned food. It is planned that in 2011 the company’s production will increase 2-2.5 times.