NAIRIT STILL IN DEBT TO ELECTRIC NETWORKS OF ARMENIA

PanARMENIAN.Net
December 24, 2010 – 16:53 AMT 12:53 GMT

Electric Networks of Armenia (ENA) CJSC Director General Yevgeni
Gladunchik said that Nairit chemical plant has not repaid its debt
to the ENA.

Nairit’s debt to ENA totals AMD 1bln, while not fines or penalties
are accrued for the delay, Gladunchik told a press conference.

“The sum is fixed and we expect the company to re-launch its
operation. In my opinion, Nairit will not face problems with repaying
its debt, when it operates,” he said.

From: A. Papazian