Homenetmen Toronto Reps Graduate From Military Arts Institute

HOMENETMEN TORONTO REPRESENTATIVES GRADUATE FROM MILITARY ARTS
INSTITUTE

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TORONTO, MAY 27, ARMENIANS TODAY – NOYAN TAPAN.

Martial Arts Graduation Ceremony took place on May 18. About 300
parents and friends came out to watch Homenetmen Toronto’s largest
group put on their annual Graduation Ceremony and show everybody some
of the lesson’s and moves they have learned over the last year.

http://www.nt.am/news.php?shownews=113

Shareholders of Ford Discuss Selling Shares to Kirk Kerkorian

SHAREHOLDERS OF FORD DISCUSS SELLING SHARES TO KIRK KERKORIAN

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WASHINGTON, MAY 27, ARMENIANS TODAY – NOYAN TAPAN.

Ford shareholders are weighing billionaire Kirk Kerkorian’s offer to
buy their shares at $8.50 a piece after the company’s shares dropped
under .

Ford shareholder Russ Stallard of Shelby Township owns 5,000 shares and
is ready to sell at Kerkorian’s prices. He had thought Ford was a good
investment. However, now with the gas prices, I’m not sure," he said.
Still, he was considering selling his shares, which he purchased for
about .50 a piece, to Kerkorian.

http://www.nt.am/news.php?shownews=1138

Lebanese Armenian MP Considers Important That Armenians Have Two Min

LEBANESE ARMENIAN MP CONSIDERS IMPORTANT THAT ARMENIAN COMMUNITY HAS
TWO MINISTERS IN GOVERNMENT

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BEIRUT, MAY 27, ARMENIANS TODAY – NOYAN TAPAN.

MP of Lenanese parliament Hagop Pakradounian stressed to Voice of
Lebanon radio the importance of representing the Armenian sect in the
new cabinet with two ministers. According to him one of the ministers
would be named by the opposition, and the other named by the majority.

"I prefer not to be a minister myself in order not to mix parliamentary
duties with the ministerial ones," Pakradounian said. He denied that
the opposition had made the decision to nominate MP Saad Harriri as
prime minister, at the same time mentioning: "Personally I don’t see
anything that prevents him from taking that position since he
represents a big parliamentary bloc."

http://www.nt.am/news.php?shownews=113

Three More Sportsmen From Armenia Receive Passes for Beijing Olympic

THREE MORE SPORTSMEN FROM ARMENIA RECEIVE PASSES FOR BEIJING OLYMPIC
GAMES

YEREVAN, MAY 27, NOYAN TAPAN. The last Greco-Roman style Wrestling
Olympic Rating tournament finished in the city of Novi Sad of Serbia on
May 25. Armenian delegates Karen Mnatsakanian (60 kg), Arsen
Julfalakian (74 kg) and Denis Forov (84 kg) took third place and
received a pass for the participation in the Beijing Olympic Games.
Before this, their team-mates Roman Amoyan (55 kg), Arman Adikian (66
kg) and heavy weight Yuri Patrikeev had the honour.

Thus, 22 representatives of Armenia in 7 kinds of sport have received a
pass for the Beijing – 2008. This number is possible to increase in the
near future.

From: Emil Lazarian | Ararat NewsPress

http://www.nt.am/news.php?shownews=113888

Armen Nazarian Wins in Regular Stage of Dzudo World Super Cup Tourn.

ARMEN NAZARIAN WINS IN REGULAR STAGE OF DZUDO WORLD SUPER CUP
TOURNAMENT

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YEREVAN, MAY 27, NOYAN TAPAN. The tournament of the regular stage of
the World Dzudo Super Cup finished in Moscow on May 25. Armenian
representative Armen Nazarian (66 kg, Hrazdan) gained four victories,
took first place and received honourary prize. It should also be
mentioned that Armen Nazarian has secured himself with the Beijing –
2008 pass for already a long time.

From: Emil Lazarian | Ararat NewsPress

http://www.nt.am/news.php?shownews=11

Under 19 Footballers Not To Take Part in Final of Euro Championship

ARMENIAN TEAM OF FOOTBALL PLAYERS UNDER 19 NOT TO TAKE PART IN FINAL
OF EUROPEAN CHAMPIONSHIP

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YEREVAN, MAY 27, NOYAN TAPAN. The Armenian national team was defeated
by the team of the Ukraine with the score of 0:1 in the seventh group
tournament of the elite stage of the European Championship of football
players under 19 on May 24. The 3:0 score was recorded in the Spain –
Turkey game. The games of the last third stage are scheduled for May
27. The football players of Armenia will compete with Spaniards.
Irrespective of the results of the last stage among the seventh group
teams that of Spain will take part in the final to be held in Czechia
in July. The other three teams have been deprived of the pass for the
final.

http://www.nt.am/news.php?shownews=1

17 110-Kv Substations of Armenia To Be Completelly Reconstructed

17 110-KV SUBSTATIONS OF ARMENIA TO BE COMPLETELLY RECONSTRUCTED

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YEREVAN, MAY 27, NOYAN TAPAN. An agreement on reconstruction of 17
110-kV substations of Armenia will be signed with a contractor in the
near future. The RA minister of energy and natural resources Armen
Movsisian told reporters in May 27 that the international tender for
choosing a contractor will finish soon. According to him, 10-kV and
35-kV switches, panel boxes and current transformers will be replaced
with a credit of about 35 million dollars to be provided by the
Japanese government.

A. Movsisian said that the introduction of the SCADA system in the
energy system started in April, which will enable to mamange the system
in the most efficient way. The Japanese government allocated 12 million
dollars for the system’s introduction.

From: Emil Lazarian | Ararat NewsPress

http://www.nt.am/news.php?shownews=

Working Group Set Up To Specify Approaches to Gas Price Formation

WORKING GROUP SET UP TO SPECIFY APPROACHES TO GAS PRICE FORMATION

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YEREVAN, MAY 27, NOYAN TAPAN. As a result of the visit of the chairman
of Gazprom company’s board Alexei Miller to Armenia, a working group
has been set up to specify the approaches to formation of the price of
natural gas in the region in 2009-2011. The RA minister of energy and
natural resources Armen Movsisian told reporters on May 27 that the
group will finish its work in the next 2-3 months.

From: Emil Lazarian | Ararat NewsPress

http://www.nt.am/news.php?shownews=1138

Lusakert Poultry Factory Considered Entity with Dominating Position

LUSAKERT POULTRY FACTORY CONSIDERED AS ENTITY WITH DOMINATING POSITION
ONCE AGAIN

YEREVAN, MAY 27, NOYAN TAPAN. At the May 27 sitting, the RA State
Commission on Protection of Economic Competition considered Dvin
Holding – Azotinvest group as an entity with a dominating position in
the nitrogent fertilizer market and put it on the register of economic
entities with a dominating position. By a 2004 decision of the
Commission, Dvin Holding was also recognized as an entity having a
dominating position in the indicated market.

The studies in 2007 showed that last year 4 economic entities operating
in the indicated market imported 25.2 tons of nitrogen fertilizer into
Armenia and sold 32.7 tons in the country.

By another decision of the Commission, Lusakert Poultry Factory was
once again considered as an entity with a dominating position. The
company was recognized an entity with a dominating position in 2003 as
well, whereas in March 2007, the company applied to the Commission with
the request to revise its decision on its dominating position as some
changes had occurred in the market.

According to a study, in 2007 1.8 mln eggs were imported into Armenia,
219.8 mln eggs were produced by 11 economic entities, sales made 206.6
million, exports – 2.02 million. The following 3 economic entities had
the largest shares in sales: Lusakert Poultry Factory (42.5%), Arzni
Poultry Factory (29.7%) and Yerevan Poultry Factory (13.7%). Thus
Lusakert Poultry Factory retained its dominating position. However,
during the Commission’s sitting, the representative of the company
asked to postpone the discussion as he intends to present some
important data. The discussion of the issue has been postponed.

http://www.nt.am/news.php?shownews=113862

Japan To Allocate About $100 Mil Credit for New Power Unit of TPP

JAPANESE GOVERNMENT TO ALLOCATE ABOUT 100 MILLION DOLLAR CREDIT FOR
CONSTRUCTION OF NEW POWER UNIT OF YEREVAN TPP

YE REVAN, MAY 27, NOYAN TAPAN. The Japanese government will allocate an
additional credit of 10 bln 491 mln yens (about 100 mln USD) for
construction of a modern power unit with a steam-and-gas cycle at
Yerevan Thermal Power Plant (TPP). The document on provision of the
credit was signed on May 27 by the RA minister of energy and natural
resources Armen Movsisian and the Japanese ambassador to Armenia Yasuo
Saito. To recap, in 2005 the Japan Bank for International Cooperation
(JIC) allocated 15 bln 918 mln yens for construction of a new power
unit of the Yerevan TPP. However, according to A. Movsisian, taking
into account a considerable rise in prices of equipment, building and
assembly work in iternational market, as well as the results of the
tender for a chief contractor (a modern station with a capacity of 241
mw has been chosen instead of the envisaged one with a capacity of 205
mw), the Japanese government agreed to give an additional loan.

Ambassador Saito said that so far the Japanese government has provided
370 million USD to Armenia, including 300 mln USD to the energy sector.

http://www.nt.am/news.php?shownews=113859