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NAIRIT'S RESTARTING UNREAL
YEREVAN, NOVEMBER 20. ARMINFO. The present statements that the
chemical giant of Armenia Nairit will be restarted soon are unreal
as the plant's has no owner, says the director general of Electrical
Power Networks of Armenia CJSC Yevgeny Gladunchik.
If the plant is restarted in 2005 Armenia will begin to consume more
electricity but still less than in 2004. "If Nairit starts operating
we are ready to discuss restructuring its debts. We are ready to
negotiate with the real operator. But there is no such operator yet,"
says Gladunchik calling not serious the proposal that his company can
become Nairit's shareholder in exchange for debt annulment. "Nobody
says how many shares we may be given."
The main thing for a buyer is to know what he is buying, says
Gladunchik. He says that Nairit is now buying as much electricity as
he needs for ensuring its technological security. But even if the
plant resumes its work it will face the problem of sales as he has
lost his key sales markets. The plant's three suspensions have lost
it its real clients to other more reliable producers of rubber even
if they sell it at higher price. "I don't think that Dupond or Bayer
will be happy that Nairit is restarted and will begin to battle for
the markets they already have," says Gladunchik.
YEREVAN, NOVEMBER 20. ARMINFO. The present statements that the
chemical giant of Armenia Nairit will be restarted soon are unreal
as the plant's has no owner, says the director general of Electrical
Power Networks of Armenia CJSC Yevgeny Gladunchik.
If the plant is restarted in 2005 Armenia will begin to consume more
electricity but still less than in 2004. "If Nairit starts operating
we are ready to discuss restructuring its debts. We are ready to
negotiate with the real operator. But there is no such operator yet,"
says Gladunchik calling not serious the proposal that his company can
become Nairit's shareholder in exchange for debt annulment. "Nobody
says how many shares we may be given."
The main thing for a buyer is to know what he is buying, says
Gladunchik. He says that Nairit is now buying as much electricity as
he needs for ensuring its technological security. But even if the
plant resumes its work it will face the problem of sales as he has
lost his key sales markets. The plant's three suspensions have lost
it its real clients to other more reliable producers of rubber even
if they sell it at higher price. "I don't think that Dupond or Bayer
will be happy that Nairit is restarted and will begin to battle for
the markets they already have," says Gladunchik.