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‘Grand Holding’ is the leading exporter, first taxpayer, largest investor and biggest employer in Armenia

February 18,2019 13:14

“Grand Holding”, as always, sums up the past year with significant achievements. Thus, in the year of 2018 cigarette manufacturing companies of the holding exported cigarettes equivalent to 247 mln US dollars exceeding last year’s figures by 10%. “Grand Candy” LLC exported 4300 tonnes of confectionery products, by 54% more than in 2017. In 2018 the member companies of “Grand Holding” paid taxes in the amount of 69 billion AMD, by 10,5 billion AMD more than in 2017, and thus they occupy the first place among the large taxpayers of RA. “Grand Holding”, with its 9524 employees, is the leading company among the domestic producers also by the number of employees, which exceeds the last year’s figure by 1206. “Grand Holding” is the first also by the volume of investments. In 2018 investments in the amount of 83 mln US dollars were made. You can find more details in the video.

https://youtu.be/_SQOCrHzrzI

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