STAR supermarket network won't closeApril 1, 2009 - 14:08 AMT PanARMENIAN.Net - The information that STAR supermarket network can be closed is untrue, marketing director Narine Avetisyan said."The rumors are untrue. We are working and developing. The liabilities are of 38-45 days. This will by no means affect our company's profitability. It's an ordinary phenomenon. In developed countries the term can reach 90 days," she told PanARMENIAN.Net According to STAR executive director Vahan Kerobyan, the company makes major payments every day. "I wonder who is interested in disseminating lies," he said. 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 | Court in Azerbaijan extends former Karabakh leader’s arrest by 5 months The Binagadi District Court in Azerbaijan has granted the prosecutor’s petition to extend the arrest of Arkady Ghukasyan. Ucom General Director joins High-Tech Development Panel Discussion The discussion was titled "The Role of International Corporations and Investors as Catalysts for Development of High-Tech Ecosystem." U.S. still believes “peace is possible” between Armenia, Azerbaijan The United States continues to believe that peace is possible between Armenia and Azerbaijan, Vedant Patel says. Dozens detained as antigovernment protest continue in Armenia At least 63 people demanding Prime Minister Nikol Pashinyan’s resignation were detained on May 14 as they blocked streets in Yerevan. |