Large Production of Black Caviar to Begin in Armenia: Vahan Kerobyan on New Investments

A number of Italian companies are planning to invest in Armenia. This was announced by Armenia's Minister of Economy Vahan Kerobyan.

“I just concluded a meeting with representatives of several Italian companies. Agroittica plans to invest €25 million in Armenia, building a sturgeon breeding facility and establishing a large production of black caviar in the Armavir region. Torri Solare intends to set up a solar panel production facility in Armenia. Mea plans to invest approximately €30 million and establish a large cattle breeding farm, which will be accompanied by biogas and biohumus production, as well as a modern slaughterhouse. Cinausero Unika is also planning to establish a large pig farming enterprise in Armenia,” Kerobyan wrote.