July 22, 2021 – 18:09 AMT
PanARMENIAN.Net – Production of ballistic helmets, body armor and special tactical anti-thermal imaging uniforms will be established in Armenia.
By the decision of the Armenian government approved on Thursday, July 22, VOLVERIN LLC will be exempted from customs duties on the import of technological equipment and raw materials necessary for the implementation of the investment program.
The materials and equipment will also be used for the production of auxiliary parts for hunting, tactical and military weapons and fire targets.
2.3 billion drams ($ 4.7 million) will be invested in the program, which will create 12-16 new jobs with an average salary of up to AMD 304,000.