Announcement

Collapse
No announcement yet.

The Biggest Retailer Of Armenia - STAR Disproves False Information O

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • The Biggest Retailer Of Armenia - STAR Disproves False Information O

    THE BIGGEST RETAILER OF ARMENIA - STAR DISPROVES FALSE INFORMATION OF MASS MEDIA

    ArmInfo
    2009-04-01 11:17:00

    ArmInfo. The biggest retailer of Armenia - STAR company has disproved
    false information of mass media about its shut down. As press-service
    of STAR told ArmInfo, on 30 March editor's office of one of the local
    internet sites disseminated false information that STAR supermarkets'
    net may be shut down.

    "The informational source", that wants to remain secret, presents
    the debt of the net to its suppliers as an argument. "There is no
    word about closing of the net. We are working, developing and it
    is evident", - executive director of STAR net Vahagn Kerobyan said
    and added that indebtedness term is 38-45 days, which does not affect
    profitability of the company. Kerobyan assured that over the next 10-15
    days they will fully fulfill obligations against the suppliers. "This
    is normal. For instance, in western countries indebtedness of nets
    may be 90 days. Moreover, our debt is in direct ratio to custom. Every
    day we pay big funds for the goods supply", - he said.

    According to STAR press-service, over the last months such
    disinformation regularly appears in mass media and of provocative
    nature.

    To note, at present there are 13 supermarkets in the STAR net
    functioning since 1998. European Bank for Reconstruction and
    Development with 28,3% share is one of the shareholders of the STAR
    net of supermarkets.

    From: Emil Lazarian | Ararat NewsPress
Working...
X