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Electric Network tops list of 300 largest contributors to soc sec

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  • Electric Network tops list of 300 largest contributors to soc sec

    Electric Network of Armenia tops list of 300 largest contributors to
    social security fund


    YEREVAN, July 25. /ARKA/. Electric Network of Armenia tops the list of
    300 largest contributors to the Social Security Fund of Armenia, as a
    result of the first six months of 2008.

    According to RA State Tax Service, the company paid 961.2mln drams
    against 1.1bln drams it paid in the corresponding period last year.

    The second largest payer is ArmRosgasprom 760mln drams against 701mln
    drams last year, followed by K-Telekom (VivaCell trademark) mobile
    operator with 578.5mln drams.

    ArmenTel paid 560mln AMD (565mln AMD in Jan-June last year). The fifth
    largest contributor to the social security fund is Zangezur Copper and
    Molybdenum Plant with 502.8mln drams (426.1mln drams last year.
    ($1=301.31 drams). --0--
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