The Prime Minister Hovik Abrahamyan met with the delegation headed by Johan Vanderplaetse, the president of Schneider Electric in Russia and the CIS.  The Prime Minister welcomed the initiative of the French company for realization of investment projects Armenia and implementation of practical steps in that direction. Hovik Abrahamyan noted that there are wide opportunities in the energy sector in Armenia.

Johan Vanderplaetse expressed gratitude for the reception. He noted that Schneider Electric has examined the possibilities of implementing investment projects in Armenia and stressed that there are favorable conditions for electricity production . He also emphasized that they will move their production technologies to Armenia, will use the latest production technologies, and will cooperate with universities to train the personnel.