SMD

Yerevan SMD medical supplies factory held a groundbreaking ceremony for the second unit of its industrial complex. The $40 million investment is expected to create 400 new jobs and produce about 50 types of disposable medical and laboratory supplies.

SMD has signed an order with Shanghai Salvage Company for a Quasar MKII 6000m remotely operated vehicle (ROV) system, scheduled for delivery in the first half of 2017.