Pepsi Co. to launch ops in Armenia – reports
YEREVAN – Pepsi Cola will begin operating in Armenia in 2011, local media quoted Economics Minister Karine Minasyan as saying.
Pepsi Co. and Armenia’s Jermuk International OJSC reached agreement this year to build a factory producing soft drinks and juices in the country.
According to Minasyan, $13.7 million is to be invested in the project. $7.7m of the amount will be spent to purchase the required equipment.
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