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19 COMPANIES AND 22 PROPERTY UNITS OFFERED FOR PRIVATIZATION IN 2006
Noyan Tapan
Jul 26, 2007
YEREVAN, JULY 26, NOYAN TAPAN. Taking as a basis the fourth part
of Article 53 of the RA law National Assembly Regulations, the RA
government, at the July 26 sitting, decided to submit to the RA NA the
revised variant of the RA bill On Approving the 2006 Annual Account
on Fulfilment of 2006-2007 Program of State Property Privatization
submitted for the discussion of the RA NA of third convocation. Noyan
Tapan was informed about it by the RA government Information and
Public Relations Department.
According to the account, 19 companies and 22 property units were
offered for privatization in 2006, at that, 17 companies (or 90%) were
offered for privatization by a tender and auction. 38 property units
that remained after liquidation were also offered for privatization.
11 companies and property units included in the program were privatized
in the period under review: 4 out of the companies through a direct
sale, 3 through a tender, and 4 through an auction. The most of
the privatized companies (45.5%) are the companies, the powers of
managing of whose shares have been passed to the State Property
Management Department under the RA government, 27.5% are companies
and privatization entities of the RA Ministry of Culture and Youth
Affairs, 9% of the Ministry of Trade and Economic Development, 9% of
the Ministry of Health, and another 9% of the Ministry of Agriculture.
178 commercial organizations were in the process of liquidation, and
decisions on liquidation of 113 out of them were made in 2006. The
process of liquidation of 20 out of the above mentioned organizations
has been completed and 14 have been declared bankrupts by the decisions
of the RA Economic Court.
Noyan Tapan
Jul 26, 2007
YEREVAN, JULY 26, NOYAN TAPAN. Taking as a basis the fourth part
of Article 53 of the RA law National Assembly Regulations, the RA
government, at the July 26 sitting, decided to submit to the RA NA the
revised variant of the RA bill On Approving the 2006 Annual Account
on Fulfilment of 2006-2007 Program of State Property Privatization
submitted for the discussion of the RA NA of third convocation. Noyan
Tapan was informed about it by the RA government Information and
Public Relations Department.
According to the account, 19 companies and 22 property units were
offered for privatization in 2006, at that, 17 companies (or 90%) were
offered for privatization by a tender and auction. 38 property units
that remained after liquidation were also offered for privatization.
11 companies and property units included in the program were privatized
in the period under review: 4 out of the companies through a direct
sale, 3 through a tender, and 4 through an auction. The most of
the privatized companies (45.5%) are the companies, the powers of
managing of whose shares have been passed to the State Property
Management Department under the RA government, 27.5% are companies
and privatization entities of the RA Ministry of Culture and Youth
Affairs, 9% of the Ministry of Trade and Economic Development, 9% of
the Ministry of Health, and another 9% of the Ministry of Agriculture.
178 commercial organizations were in the process of liquidation, and
decisions on liquidation of 113 out of them were made in 2006. The
process of liquidation of 20 out of the above mentioned organizations
has been completed and 14 have been declared bankrupts by the decisions
of the RA Economic Court.