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Orange Armenia Has No Financial Liabilities To Armenian Realtor Immo

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  • Orange Armenia Has No Financial Liabilities To Armenian Realtor Immo

    ORANGE ARMENIA HAS NO FINANCIAL LIABILITIES TO ARMENIAN REALTOR IMMOBILIARE

    ArmInfo
    2009-10-19 16:48:00

    ArmInfo. Orange Armenia has no financial liabilities to the Armenian
    realtor Immobiliare, Orange Armenia told ArmInfo regarding the judicial
    proceedings initiated by the Armenian Real Estate Agency Immobiliare.

    Immobiliare is engaged in search of territories for Orange Armenia and
    receives the payment for the first month of leasing as compensation.

    Orange Armenia representatives say one of the contracts on leasing was
    made without participation of Immobiliare. The area in the Northern
    Avenue is in question. Leasing of the area is much more expensive than
    leasing of other territories Immobiliare has offered to Orange. The
    claim against the owner of the territory is at the initial stage of
    consideration at the court. Immobiliare representatives hope Orange
    Armenia being a subsidiary of France Telecom will follow high standards
    of business making. Orange press-service reported that Orange-Armenia
    CJSC and Immobiliare CJSC have never signed any contract on provision
    of services. Immobiliare offered territories to Orange Armenia without
    financial liabilities by Orange. These liabilities assumed the owners
    of the territories.

    Thus, Orange Armenia has no financial or legal, verbal or written
    liabilities to Immobiliare. The realtor has involved Orange Armenia
    into groundless judicial proceedings. Orange Armenia must not be a
    respondent. Nevertheless, before completion of the proceedings, any
    public condemnation may be considered pressure on the country. Orange
    Armenia operates fairly and transparently in all its business relations
    and is not concerned about anything waiting for the decision by the
    court, the report says.

    Orange Armenia won the tender for provision of mobile communication
    services in Armenia in October 2008. It will probably start providing
    services till the end of 2009. At present there are two mobile
    operators in Armenia: ArmenTel (Beeline) and K-Telecom (VivaCell-MTS).
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