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  • What is this?

    A1plus

    | 17:27:03 | 08-07-2005 | Social |

    WHAT IS THIS?

    The World Bank tries to find out what is going on around the company
    `Armenian Electricity Supply Network'. The head of the Yerevan office of the
    Bank Roger Robinson mentioned in the press conference today that the
    Armenian Government has made no announcement which would highlight the
    information about the purchase of the company `Armenian Electricity Supply
    Network' by the daughter company of the Russian `United Electricity Systems'
    `RAO EES'.

    He reminded that the sale of more than 25% of the stock of the company must
    be privileged by the Government and the Committee regulating the social
    services.

    `The distributing electricity network is one of the most profitable fields
    in Armenia which has strategic meaning for all the Armenians and I find it
    extremely necessary that the events connected with it be announced fairly
    and transparently', said Roger Robinson.

    The head of the Yerevan office of the World Bank said that he intends to
    spend the coming week in the Armenian Government and find everything out. By
    the way, today the World Bank Directors Council approved the project of
    allotting 20 million dollars of credit to Armenia.

    The sum will be allotted for 40 years.
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