New factory opening

Pharmaceutical Company “Liqvor” marked the 20th anniversary of its operation by opening a new plant which meets international standards of cGMP in the production of sterile pharmaceuticals. The opening ceremony was attended by President of Armenia Serzh Sargsyan. As noted in the press service of the President, Serzh Sargsyan. As noted in the press service of the President, Serzh Sargsyan familiarized with production capacity of new plant and plans for the future.

As the Minister of Economy Tigran Davtyan pointed out in his welcoming speech at the opening ceremony, the opening of the new plant is a positive stimulus to the economy. “We hope that this production will be a positive example as a viable business project assisting to strengthen the pharmaceutical sector in the country” – said the Minister.

In his turn the head of EBRD Yerevan office Valeriu Razlog mentioned that the cooperation with the enterprise gave effective results, the volumes of sales in 2005 increased 4.5 times.