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Naira Martirosyan
Research and Development
MIKA Cement
Armenia
Naira Martirosyan, director of the plant told Arminfo, that production restarted at the end of September. "We paid off the main debts on salary and electric power and at present we have been paying off the current debts," she said.
Hrazdan Cement, originally known as Mika Cement, was built in 1970. The company was privatised in 2001 and has had financial problems since 2013. The cement plant has two production lines and a clinker production capacity of 1Mt/yr and a cement production capacity of 1.2Mt/yr.