“50X50” LTD was established in 1993, by Arsen Nourinjanyan. The main specialization of the company is the hygienic paper production.  During the 11 year of the company’s existence there was mentioned the dynamic growth in the all – industrial sphere. The annual production of the hygienic paper raised six-fold. The sell market was also enlarged, and includes now the whole territory of the Republic. During its work period the company was twice supplied with new technical and technological equipment and increased the capacity of the production of the hygienic paper six times as much as the level of first period and achieved the maximal works in the built. The territory belonged to the enterprises comes to 3300 sq.m, the manufacturing buildings comes to 1800 sq.m..

 

 

Since 1993 the statute capital of “50X50” LTD increased ten time much and now is 450000USD. By the regular supply and increase of capacity the company occupied a stable place in the Armenian market and satisfies the requirements of this good for 60-70% of the market (monthly the company manufactures about 600000 650000 pieces of hygienic paper).