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ARMENIAN GOVERNMENT APPROVES REPORT ON PRIVATIZATION PROCESS IN ARMENIA IN FIRST QUARTER OF 2006
Noyan Tapan
May 04 2006
YEREVAN, MAY 4, NOYAN TAPAN. At the May 4 sitting, the Armenian
government approved the report on privatization process in the Republic
of Armenia in the first quarter of 2006. NT was informed about it from
the RA Government Information and PR Department. It was noted during
the sitting that in the period under review, 8 objects included in
the 2001-2003 state property privatization program were privatized
(including 3 companies, state property separated from the property
of 2 companies, and 3 incompleted construction objects) against 14
objects privatized in the first quarter of last year. Privatization
agreements were also signed with the purchasers of 5 objects privatized
previously. In the first quarter of 2006, 65 companies were in the
liquidation process, 4 of which were declared bankrupt by court, and
the liquidation process of another 4 companies was completed. According
to the report, the privatization incomes made 90 mln 686.4 thousand
drams and 50 thousand dollars during the indicated period. 18 mln
35.7 thousand drams (about 40 thousand dollars) was transferred to
communities in order prescribed by law.
Noyan Tapan
May 04 2006
YEREVAN, MAY 4, NOYAN TAPAN. At the May 4 sitting, the Armenian
government approved the report on privatization process in the Republic
of Armenia in the first quarter of 2006. NT was informed about it from
the RA Government Information and PR Department. It was noted during
the sitting that in the period under review, 8 objects included in
the 2001-2003 state property privatization program were privatized
(including 3 companies, state property separated from the property
of 2 companies, and 3 incompleted construction objects) against 14
objects privatized in the first quarter of last year. Privatization
agreements were also signed with the purchasers of 5 objects privatized
previously. In the first quarter of 2006, 65 companies were in the
liquidation process, 4 of which were declared bankrupt by court, and
the liquidation process of another 4 companies was completed. According
to the report, the privatization incomes made 90 mln 686.4 thousand
drams and 50 thousand dollars during the indicated period. 18 mln
35.7 thousand drams (about 40 thousand dollars) was transferred to
communities in order prescribed by law.