Government of Armenia adopted a decision to provide customs privileges to SPS Cigaronne LLC after 9 months of idling. On 16 October the Government extended the temporary import regime for the company, Ministry of Economy Vardan Avanesyan said in the Government. He said that the company would be allowed to import 2 tons of aluminum foil on preferential terms for manufacture of cigarette boxes.
The minister said that the company suffered financial problems and is now resuming the production process. At SPS Cigaronne they promise to re-launch production within the coming two months. The biggest part of the production will be exported. The draft decision of the Government mentioned neither export nor investment figures. The number of jobs at the company is not reported either.