Chorrord Inknishkhanutyun: Decline In Construction Business In Armen

CHORRORD INKNISHKHANUTYUN: DECLINE IN CONSTRUCTION BUSINESS IN ARMENIA

10:05 ~U 25.06.13

Construction and other businesses have lately shown decline in Armenia,
the reason being the grave socio-economic situation.

This explains the decline in business of the well-known building
materials wholesaler Sergey Manukyan. He is discontented with a number
of economic entities, which have huge debts to him. Some of them have
gone bankrupts or are facing bankruptcy.

The newspaper’s sources say that Manukyan’s financial positions have
worsened after he invested in the Rule of Law party member Karen
Botoyan’s election campaign.

Armenian News – Tert.am

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