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Haykakan Zhamanak: Electric Networks Of Armenia Silent On Directors'

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  • Haykakan Zhamanak: Electric Networks Of Armenia Silent On Directors'

    HAYKAKAN ZHAMANAK: ELECTRIC NETWORKS OF ARMENIA SILENT ON DIRECTORS' WAGES

    08:43 * 24.06.14

    The paper says it recently sent a written request to the Electric
    Networks of Armenia, asking for information about the salaries of
    the CEO and the board of directors' staff.

    The company's spokesperson, Natalya Sarjanyan, reportedly said in
    her written response that their salaries average 200 Armenians Drams,
    which is equivalent to about USD 500.

    "Sarjanyan refrained from identifying the salaries of specific
    employees, citing the Constitution and the laws that prohibit using
    and spreading information regarding an individual whenever such an
    act conflicts with the purposes of data collection," writes the paper.

    It says further, citing informed sources, that the company's managerial
    board at times awards itself with bonuses worth up to 20 million.

    Armenian News - Tert.am

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