The Adamian TVs made in Armenia go on sale, the Armenian Government informs in a Facebook post.
Businessmen from Armenia, Syria and Lebanon invested 4.5 million to start the production in Armenia and are ready to invest another 10 million, if the project succeeds.
Up to 300 TV sets are being assembled daily. The devises are not smart, but the smart versions will also be produced.
The International Manufacturing Group (IMG), which stands behind the project, is planning to start assembling air conditioners, washing machines and refrigerators in the future.
The Armenian-made ACs, fridges and washing machines will be marketed under the AIO brand. The home appliances will also be exported.