26.03.2019
Investments in modern cheese production "Spayka" company reached $ 30 million
Investments in modern cheese production

Prime Minister Nikol Pashinyan attended the opening ceremony of Spayka agro-holding's cheese and dairy products producing plant.  The facility is equipped  with the latest state-of-the-art technologies, the press service of  Armenian Prime Minister reports.  The Head of Government toured the  factory, which called for an investment of about USD 15 million. 120  new jobs were created under the project.  

It was reported that the production line enables the production of  the whole range of cheese with mold. The annual output of Sambiel  cheese will rise to more than 2000 tons.  Sambiel will be consumed in  Armenia, CIS and Middle Eastern countries.  The factory will purchase  more than 20 million liters of milk per year. The company has  established a laboratory for milk quality testing.

At the second stage, in cooperation with a Dutch investment company,  Spayka intends to build another plant for semi-dairy and dry cheese  assortments to produce Dutch and Swiss high-quality sorts of cheeses.  The total amount of investment will rise to about USD 30 million, and  the plant's productivity will increase by over 6,000 tons.

 

Source: https://finport.am/full_news.php?id=37834&lang=3