“Nairit” has 4-month salary debt
"There is a need for up to 500 million dollars in investments to finally solve the issue of "Nairit" and make it correspond to international standards, as well as operators that can deal with such investments in today's market," announced today RA Minister of Energy and Natural Resources, Armen Movsisyan.
Movsisyan denied rumors that "Nairit"'s main shareholders are engaged in Armenia's economic spheres, state-run and private organizations.
"I must say that "Nairit"'s main shareholders are not involved in Armenia's state-run and private organizations," said Movsisyan.
The minister informed that "Nairit" still hasn't paid its employees' 4-month salaries.
Throughout the past years, the company has accumulated nearly 120-130 million dollars in bonds at the Interstate Bank since the latter was the bank providing the company with funds throughout the years. The company has approximately 20-25 million dollars in internal bonds with Armenian banks (salaries and other bonds).
"I believe that the road we are on will give us the opportunity to save "Nairit"," said Minister of Energy and Natural Resources, Armen Movsisyan.
The deadline for the contest to "save" "Nairit" is June 15.
