Nairit Plant, its trade union sign labor contract

February 9, 2010 - 10:53 AMT

PanARMENIAN.Net -
Nairit Plant CJSC and its trade union have concluded a labor contract, which regulates social and economic relations between the employer and employees and envisages mutual responsibilities.



The document was signed by general manager of the plant and chairman of the trade union.



Scientific production association Nairit was a monopolistic producer of rubber in the USSR. After a long standstill, the work was resumed in 1992-1993. Since 2006, Rhinoville Property Limited British consortium has been the owner of 90% of stocks. The other 10% are owned by the Armenian government.

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