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France To Become Shareholder Of Electrical Network Of Armenia Compan

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  • France To Become Shareholder Of Electrical Network Of Armenia Compan

    FRANCE TO BECOME SHAREHOLDER OF ELECTRICAL NETWORK OF ARMENIA COMPANY?

    news.am
    Sept 22 2011
    Armenia

    YEREVAN. - The Russian company, which is 100-percent shareholder
    of Electrical Network of Armenia company is considering selling 20
    percent of its shares to a French company, Zhoghovurd daily writes.

    "According to our sources, September 23 is mentioned as the date for
    this business deal. By the way, the French for a long time are studying
    the electricity networks and substations, their capacity, and by and
    large the general condition of the system. It is also interesting
    that this business deal will be carried out prior to French President
    Nicolas Sarkozy's visit to Armenia. It seems France's positions in
    our country have started to further strengthen," Zhoghovurd writes.

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