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THE RUSSIANS BOUGHT THE «ELECTRIC POWER NETWORK»

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The «Electric power network of Armenia» has a new owner. Russian company «Inter RAO EES» paid 73 million USD for it. British company “Midland Resources” handed the stock to the Russians yesterday. The representatives of «Inter RAO EES» arrived in Armenia in order to be present at the ceremony.

It is noteworthy that the new owner of the «Electric power network of Armenia» intends to invest 20 million USD in the company till the end of the next year.