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"Armenian Railway" Dissoluted

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  • "Armenian Railway" Dissoluted

    "ARMENIAN RAILWAY" DISSOLUTED

    Panorama.am
    20:53 17/01/2008

    Today the Armenian Government made a decision about the dissolution
    of the "Armenian railway" CSJC, The dissolution committee was ordered
    to satisfy the demands of the shareholders of the company and to hand
    the rest stuff to the Ministry of transport and communication.

    According to the information and public relations department of the
    Government, all the rights of Armenian railway passed to "Russian
    Railways" CSJC for consensus governing and "South-Caucasus Railway"
    CSJC is the official company to carry out company's mission in Armenia.

    The Ministry of Transport and Communication was charged with presenting
    to the discussion the contract project of Armenian railway within a
    month. The Ministry of Finance and Economics was charged with release
    from duties and from 12.6 million dollars loan disposed to the company
    by "Development credit agreement".
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