YEREVAN. – The MED A.KGmbH Company will start manufacturing buses in Armenia this year. And, for this purpose, the Armenian government adopted a decision Wednesday to lease a capital city Yerevan building to this company for 35 years.  

In accordance with the business plan it submitted, the leaseholder will have to manufacture buses, by investing Armenian drams equivalent to $7 million, over the course of seven years, and in equal amount for each year.     

To note, however, there is no information on the aforesaid company on the government’s official website, and the web search likewise yields no results; but this could be an offshore company.