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NKR: JSCs "Stepanakert bakery" and wheat grinding

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  • NKR: JSCs "Stepanakert bakery" and wheat grinding

    Azat Artsakh Tert, Nagorno Karabakh Republic
    Dec 26 2007


    JSCs "Stepanakert bakery"and wheat grinding


    By the words of the prime minister Harutyunyan "Alrakhats" had
    debts for about 1 bln drams, 350 mln of which the company is indebted
    to the population for wheat.
    The fate of the strategic companies was discussed for long and
    the only way was to let these enterprises be privatised by another
    subject. The new owner was the mighty wheat importing company
    "ERMI"in Armenia. The above mentioned objects were sold for 750 mln
    of drams.
    The government took the decision based on the growth of the wheat
    which will male up 1000 tons in near future. The conditions must be
    created for growing and realization of the product.The prime minister
    hoped that the new privatisation will be successful.
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