Armenian Government Granting Privileges to “Teghut” Company

Armenian Government Granting Privileges to “Teghut” Company


The Armenian Government is granting privileges to Teghut CJSC. Under the executive’s decision, the payment of VAT for exporting goods exceeding 300 million AMD has been postponed for three years. Under the official information, the ore processing and concentrate producing facility constructed in the frames of the investment program, will annually process 7 million tons of ore. It’s planned to replace over 1000 temporary working places created for the construction processes with the same number of permanent working places with an average salary of 150,000 AMD. Teghut copper and molybdenum mine is the second largest one in the country.


14:43 October 10, 2013


Hot Spots



Subscribe to receive our latest news