Institution of state property managers in commercial organizations to be introduced in RA

PanARMENIAN.Net - The Department of State Property Management at the RA government and the RA Ministry of Economy made an offer to draft a code of corporate management and schedule for its introduction to increase management efficiency in commercial organizations with participation of the state.

Head of the Department Karine Kirakosyan told journalists on March 21 that the code will be applied in organizations on a voluntary basis.

Besides, it is planned to establish an institute of managers, who will be state’s authorized persons in commercial organizations.

Kirakosyan told a PanARMENIAN.Net reporter that the Department of State Property Management will also train around 200 specialists.

 Top stories
Armenia's international reserves amounted to $3.5 billion, according to a report from the country's Central Bank.
Trade between Armenian and Iranian increased by 43.5% in the first 10 months of 2022, rising from $390 million to around $560 million.
There’s a growing demand for Armenian sprits in Russia amid Western sanctions on the supply of alcohol to the country.
Vahan Kerobyan said Armenia will most probably introduce a ban on the sale of Turkish products as well.
Partner news