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Armenia's Defense Ministry responds to Stepan Demirtchyan Sport and
Concert Complex's charges
by Karina Manukyan
ARMINFO
Saturday, August 2, 11:18
Armenia's Defense Ministry has responded to the Stepan Demirtchyan
Sport and Concert Complex's charges that it owes the complex some
60mln AMD for an event held in its territory.
The Ministry says that this figure is overstated: one-day rent in the
complex is 1,713,508 AMD, the Ministry has paid it 29,951,561 AMD,
including electricity, water and gas bills. The Ministry adds that
after its reconstruction the complex promised the government that
within the next 10 years it will give its territory for free to as may
as five events a year (with a total length of no more than 12 days).
"So, we are not responsible for the company's losses," the Ministry says.
Meanwhile, the Government keeps trying to sell the complex for
19.350bln AMD or $46.8mln. It has organized five electronic auctions
since May 29 but has failed to sell the facility. Earlier the
government said that the complex owed it 10.2bln AMD.
The complex was built in 1983. Its total area is 46,335 sq m. It
burned down in 1987 and was restored by BAMO from Russia.
From: A. Papazian
Concert Complex's charges
by Karina Manukyan
ARMINFO
Saturday, August 2, 11:18
Armenia's Defense Ministry has responded to the Stepan Demirtchyan
Sport and Concert Complex's charges that it owes the complex some
60mln AMD for an event held in its territory.
The Ministry says that this figure is overstated: one-day rent in the
complex is 1,713,508 AMD, the Ministry has paid it 29,951,561 AMD,
including electricity, water and gas bills. The Ministry adds that
after its reconstruction the complex promised the government that
within the next 10 years it will give its territory for free to as may
as five events a year (with a total length of no more than 12 days).
"So, we are not responsible for the company's losses," the Ministry says.
Meanwhile, the Government keeps trying to sell the complex for
19.350bln AMD or $46.8mln. It has organized five electronic auctions
since May 29 but has failed to sell the facility. Earlier the
government said that the complex owed it 10.2bln AMD.
The complex was built in 1983. Its total area is 46,335 sq m. It
burned down in 1987 and was restored by BAMO from Russia.
From: A. Papazian