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Armenian Major Importers Confused

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  • Armenian Major Importers Confused

    ARMENIAN MAJOR IMPORTERS CONFUSED

    PanARMENIAN.Net
    04.03.2009 13:01 GMT+04:00

    /PanARMENIAN.Net/ Manan Grain company, one of leading Armenian
    importers of grain and flour, are waiting for stabilization of the
    currency exchange rate

    The management is embarrassed. Expectations are not optimistic.

    "Central Bank's new policy will have a negative impact of the company's
    activities, since we strike bargains in foreign currency. We need
    several days to examine the situation," deputy director Armen Manukyan
    told PanARMENIAN.Net.

    According to 2008 data provided by the commission for protection of
    economic competition, Salex Group belonging to MP Samvel Aleksanyan
    and Manan Grain are major companies in Armenian grain and flour market.
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