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Fate Of Yerevan's Nairit Factory To Be Decided On Saturday

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  • Fate Of Yerevan's Nairit Factory To Be Decided On Saturday

    FATE OF YEREVAN'S NAIRIT FACTORY TO BE DECIDED ON SATURDAY

    Vestnik Kavkaza, Russia
    April 2 2015

    2 April 2015 - 4:58pm

    Armenian Minister for Energy Yervand Zakharyan said at a governmental
    session today that WB experts will conclude the technical audit for
    the Nairit Factory in two days. Their assessment will be passed to
    200 workers of the factory who have gathered at the entrance of the
    government building. They have been holding protests every week for
    the last two months, NEWS.am reports.

    The factory owes workers about 102 billion drams ($235 million),
    6 billion drams in salaries, 63 billion in loans, 20 billion to
    the Yerevan Thermal Power Plant, 8.5 billion to the state budget,
    1.4 billion to Gazprom Armenia, 1.2 billion to Armenian Power Networks.

    The factory producing polychloroprene rubber has been idle since
    April 2010.

    http://vestnikkavkaza.net/news/economy/68846.html




    From: A. Papazian
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