Riviera Capital CJSC Establishes New Middle Eastern Bakery

Riviera Capital CJSC Establishes New Middle Eastern Bakery
  • Posted on 19.05.2020

New production with new investments

With the support of Business Armenia and $225,000 foreign investment, Golden Bakery has established an eastern bakery in Armenia. The investment was made by Ghalib Farha, a businessman from United Arab Emirates.

The production has started today, and was witnessed by the Business Armenia team. Eastern bakery products will be baked and exported to the Capital's trade points: loshik, zatar, cheese, other types of bread, and Middle Eastern cookies. 7 jobs were created.

During the investment process in Armenia, the businessman collaborated with Rivera Capital Investment Company, which developed a business plan and shaped a development strategy.

Full story available at: https://www.businessarmenia.am/en/news/nor-artadrutyun-nor-nerdrumnerov-arevelyan-hacamterki-artadramas-gorcarkvec?fbclid=IwAR3lInMSp49ja5twd-WbQuYWMqMBhF-MVUpcMrCx7ft91xQC8zA5k5jeITQ