Six Armenian companies to be privatized through NASDAQ OMXOctober 6, 2009 - 15:27 AMT PanARMENIAN.Net - Six Armenian companies will be privatized through NASDAQ OMX."In compliance with the government's decision, 5 state-owned companies will be assessed and go private," NASDAQ OMX CEO Armen Melikyan told reporters on Tuesday. "The companies will be transformed into public corporations," he said. "There are some 500 state-owned enterprises in Armenia. 80 of them are next in turn. The six companies to be privatized first were selected by profitability principle. Net profit of one of them totaled AMD 16 million." 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 | Ucom launches network modernization efforts in few regions of Armenia In particular, on March 28, the legacy Mobile Switching Subsystem will be replaced with a new one. Baku: EU, U.S. share responsibility for Armenia’s “destabilizing actions” Azerbaijan has declared that the European Union and the United States will share responsibility for any destabilizing actions of Armenia Armenia to sing in 2nd semi-final of Eurovision The organizers of Eurovision 2024 have revealed the running order of the countries in the two semi-finals. Azerbaijan accuses Armenia of arming Karabakh after 2020 Azerbaijan has accused Armenia of “illegally transported ammunition” to Nagorno-Karabakh after the November 9 statement. |