Armenian Prime Minister Nikol Pashinyan takes part Thursday in the opening ceremony of the Ceramisia plant.

The plant was built as part of a joint investment project of the Multi Group concern and the Italian Stoneware Holding. The initial investment is EUR 30 million. From 500 to 1000 jobs will be created.

Italian Stoneware Holding is also involved in the hotel business and the construction of new buildings. Ceramisia has been represented in many parts of the world for many years, including in the US, the UAE in Asian countries, and it is planned to open a plant in Russia.

The head of the Multi Group concern, the head of the Prosperous Armenia party Gagik Tsarukyan, officials, MPs, and businessmen are also present.