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37 enterprises privatized this year

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  • 37 enterprises privatized this year

    ArmenPress
    Aug 2 2004

    37 ENTERPRISES PRIVATIZED THIS YEAR

    YEREVAN, AUGUST 2, ARMENPRESS: Some 1,894 formerly state-run
    enterprise have been privatized in Armenia since 1994 when the
    process started and 37 have been privatized this year. The overall
    amount of privatization proceeds made 111 billion drams, of which 1.3
    billion were raised this year.
    A government-affiliated department for privatization said 31 of
    this year's enterprises were privatized through direct sale.
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