  VTB Group optimizes expenditures, fires employeesJune 29, 2009 - 20:15 AMT PanARMENIAN.Net - Thousands of VTB Group employees were transferred to another position or fired in the framework of optimization of expenditures program, VTB Bank financial director Nikolai Tsekhomsky said. "Besides, recruiting of personnel to VTB Capital subdivision was suspended," he said. For his part, President of the Bank Andrey Kostin said the Bank is likely to finish the fiscal year with losses, pleading deterioration of macroeconomic situation. He also said that the bank destines the income to create provisions.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Politico: Belarus delivered advanced weapons to Azerbaijan in 2018-2022  Belarus delivered advanced weapons to Armenia’s enemy even though both countries were supposedly allies in a defense pact.Armenia Security Council chief to attend Ukraine peace summit Secretary of the Security Council of Armenia Armen Grigoryan will take part in the Ukraine peace summit in Switzerland.Deputy U.S. Secretary of State to arrive in Yerevan Deputy Secretary of State for Management and Resources Richard R. Verma will travel to Yerevan, Armenia from June 17-19 to.Armenia recalls Belarus envoy for consultations Armenian Ambassador to Belarus has been called to Yerevan for consultations, a spokesperson for the Foreign Ministry reveals. |
