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 | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |