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Armenian PM Vows To Reopen Bjni Water Company

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  • Armenian PM Vows To Reopen Bjni Water Company

    ARMENIAN PM VOWS TO REOPEN BJNI WATER COMPANY

    www.asbarez.com/index.html?showarticle=40 892_3/26/2009_1Armenian
    Thursday March 26, 2009

    YEREVAN (RFE/RL)--Prime Minister Tigran Sargsyan Thursday assured
    hundreds of employees of an Armenian mineral water company, effectively
    shut down by his government last fall, that they will return to work
    before long.

    The Bjni plant located in Charentsavan, an unemployment stricken town
    40 kilometers north of Yerevan, was raided by security officials
    and put up for sale in October after its opposition-linked owners'
    refusal to pay 5.2 billion drams ($14 million) in fines controversially
    imposed by tax authorities. Its more than 400 employees have been
    out of work since then.

    Many of them hoped that Bjni would be reopened soon when it was
    auctioned off for 4.44 billion drams last month. But last week,
    Armenia's Administrative Court declared the auction null and void,
    saying that the authorities cannot forcibly sell the company unless
    it is declared bankrupt by another court.

    "We know than there is concern in the region about the future of the
    Bjni plant," Sargsyan said at a meeting of his cabinet held in the
    nearby Aghveran resort. "In particular, there have been rumors that
    the plant will be partitioned or split up. I want to dispel those
    concerns and fears. There will be no such thing."

    "The plant will operate in its integrity, and the ongoing judicial
    processes do not mean that it will be sold off in parts," said the
    prime minister. "We will see to it that this process is over as soon
    as possible and that the plant works again."

    "What is more, I think there are approaches that will contribute
    to an increase, rather than a decrease, in jobs," Sargsyan added
    without elaborating. Nor did he specify the authorities' further
    steps in their tax dispute with Khachatur Sukiasian, a millionaire
    businessman and parliament deputy who has owned Bjni until now.

    Bjni and several other companies making up Khachatur Sukiasian's
    SIL Concern group were inspected by tax officials and accused of
    large-scale tax evasion shortly after the tycoon voiced support in
    September 2007 for former President Levon Ter-Petrosian's bid to
    return to power. Sukiasian has dismissed the charges as baseless and
    politically motivated.

    He was among several Ter-Petrosian associates who went into hiding to
    escape arrest following the February 2008 presidential election. Their
    whereabouts remain unknown.
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