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Hrazdan Power Company Nominal Stocks To Be Traded At NASDAQ OMX Arme

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  • Hrazdan Power Company Nominal Stocks To Be Traded At NASDAQ OMX Arme

    HRAZDAN POWER COMPANY NOMINAL STOCKS TO BE TRADED AT NASDAQ OMX ARMENIA

    PanARMENIAN.Net
    May 20, 2011 - 14:34 AMT

    Starting from May 20, 2011, common nominal stocks of Hrazdan Power
    Company open joint stock company (HRPC) are allowed to trading at
    NASDAQ OMX Armenia free C market. A total of 1,597,430 stocks with
    nominal value of AMD 10,000 were admitted, the press service of NASDAQ
    OMX Armenia reported.

    HrazTES is one of four energy companies in Armenia, producing more
    than 80% of the country's power supply. The gross output capacity of
    the plant is 1,110 MW, while functioning output capacity is 760 MW.

    Within the internal market of Armenia HrazTES has the status of a
    balancing station, generating electricity for internal consumption
    only in times of deficit in the Armenian energy system.




    From: A. Papazian
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