Current Wage Arrears At Armenia’s Chemical Giant Nairit Plant Cjsc A

CURRENT WAGE ARREARS AT ARMENIA’S CHEMICAL GIANT NAIRIT PLANT CJSC AMOUNT TO ALMOST 9 MLN USD

arminfo
Thursday, January 24, 19:01

Over the past 9 months the current wage arrears at Armenia’s chemical
giant Nairit Plant CJSC have approached $9 mln. The monthly payroll
at the Plant is nearly $1 mln, with the staff being 2700 people,
the press service of the company told ArmInfo.

The plant specializing in production of synthetic rubber has been idle
since April 2010. About 800 employees regularly work in shifts to keep
the enterprise in working condition and to prevent a technological
disaster. The rest of the employees are put on enforced leave. In
January the leadership of the company promised the employees to give
them salaries for two months, but did not give a single dram.

To remind, during the latest protest action on 26 Nov 2012 the
leadership of the Plant’s trade union promised Armenian Minister of
Energy and Natural Resources Armen Movsisyan that the issue of re-
launch of Nairit Plant will become certain by the end of 2012.

The Armenian press disseminated rumors that Leader of the Prosperous
Armenia Party, oligarch Gagik Tsarukyan was allegedly going to buy
the enterprise. Itera company (Russia) was also mentioned among
the potential buyers of the plant. Moreover, Itera and Armenian
Government discussed possible committing of Nairit Plant to trust of
Itera, however, there is no progress in this issue. In response to
ArmInfo’s request in Nov 2012, the company said that the interest in
Nairit still remained.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2013/01/25/current-wage-arrears-at-armenias-chemical-giant-nairit-plant-cjsc-a/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS