Gevorg Torosyan, who arrived in Armenia to take part in the Francophone Economic Forum with the support of the Enterprise Incubator Foundation, is establishing a branch of Canadian ISB engineering company in Armenia, Deputy Minister of Economic Development and Investments Mane Adamyan noted in his Facebook page.
"The company produces security equipment that is fastened to various production devices and block them with sensors, so that employees are not damaged.
The Armenian branch of the SB will be developing software at this stage, and at the other stage the equipment will be produced in Armenia. One of the most important parts of these devices is produced in Goris for many years, and our compatriots have been exporting this part of Canada for many years to organize a full production there. We agreed with Mr. Torosyan that in the near future we must organize the entire production cycle of equipment — from software to physical, ” wrote Adamyan.
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