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Opinion: Russian Major Capital's Coming To Armenian Market Most Impo

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  • Opinion: Russian Major Capital's Coming To Armenian Market Most Impo

    OPINION: RUSSIAN MAJOR CAPITAL'S COMING TO ARMENIAN MARKET MOST IMPORTANT EVENT OF 2007

    ARKA
    May 22, 2008

    YEREVAN, May 22. /ARKA/. Russian major capital's coming to Armenian
    markets is the most important event of 2007, Director of Caucasus
    Mass Media Institute (CMI) Alexander Iskandarian said at international
    conference "Caucasus-2007".

    Major Russian players like "Troyka dialogue" and "Gasprom" came to
    the banking field of Armenia in 2007.

    On August 6 2007, Russian group of companies "Troyka Dialogue" in
    the person of "TDA Holding Limited" fund became major stockholder of
    Armimpexbank closed joint stock company.

    On November 29 Gasprom open joint stock company, the third biggest
    Russian bank, purchased 80.09% of the shares of Areximbank (Armenia).

    In April 2007, the Russian VimpelCom (Beeline trademark) became
    the sole owner of ArmenTel telecommunication company. In September
    "Mobile Telesystems" open joint stock company purchased 80% of the
    shares of K-Telecom mobile operator (VivaCell trademark).

    The political scientist also stressed the quite important role the
    parliamentary elections the presidential election campaign played in
    Armenia.
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