Industry
Before the war, the textile industry was well developed
in the NKR. Several of the enterprises in this field such as the Karabakh
Silk Factory (which employed 2,500 people prior to 1990), the Stepanakert
Shoe Factory, carpet factories in Stepanakert and Shoushi, and other
smaller garment enterprises were well known outside Nagorno Karabakh.
Presently, the majority of these former state-owned enterprises have
been transformed into closed joint-stock companies.
Now the textile industry is being restored by encouraging
foreign investment, and by privatization of larger enterprises. The
policy of encouraging investments into the textile industry contributes
to the production of local raw materials, which will decrease the use
of imported raw goods (i.e. silk, leather, fur, etc.).
Food processing is another large sector of industry
in the NKR. There are numerous large and small enterprises in Stepanakert
and throughout Nagorno Karabakh that produce wine, vodka, brandy, bread,
flour, and pastries. This sector mainly processes local agricultural
products (i.e. tobacco, wines and spirits, juices, canned meets, etc.).
Other developing spheres of industry are
wood processing, electronic industry, radio electronics, jewelry production,
and diamond processing.
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