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#NATIONALIZATION

Business

PSRC appoints temporary administrator for Electric Networks of Armenia

The Chairman of the Public Services Regulatory Commission (PSRC) Mesrop Mesropyan has appointed today Romanos Petrosyan as temporary administrator for the Electric Networks of Armenia (ENA), the country's national power distribution company.

18.07.2025, 17:45

Economy

Armenia did not consult with international donors on nationalization of ENA- Pashinyan

No consultations were held with international donor organizations such as IMF and World Bank as part of the process announced by the government to nationalize the national power distribution company Electric Networks of Armenia (ENA), Prime Minister Nikol Pashinyan told a press conference today in response to a question from Novosti Armenia news agency.

16.07.2025, 17:17

Economy

Risks of investor outflow and damage to economy – experts on nationalization of Electric Networks of Armenia

On July 3, the Armenian National Assembly passed in the second and final reading legislative amendments to the laws On the Public Services Regulatory Authority and On Energy, allowing the nationalization of Electric Networks of Armenia (ENA).

04.07.2025, 17:36

Business

Armenian parliament greenlights nationalization of Electric Networks of Armenia

Armenia's National Assembly at an extraordinary session on Wednesday adopted in the first reading a set of amendments to the laws On the Public Services Regulatory Authority and On Energy, which allow the nationalization of the national power distribution company Electric Networks of Armenia (ENA), owned by a Russia-based businessman Samvel Karapetyan, president of Tashir Group of Companies.

02.07.2025, 12:30

Economy

Nationalization of Electric Networks of Armenia will break the “backbone” of the economy and scare away investors – former Minister of Finance (EXCLUSIVE)

The authorities' plan to nationalize the national power distributing company Electric Networks of Armenia (ENA), announced by Prime Minister Nikol Pashinyan, will break the backbone of the country's economy and scare away investors, both domestic and foreign, former Finance Minister Vardan Aramyan said in an exclusive interview with ARKA news agency on Thursday.

26.06.2025, 17:37

Business

Nationalization process is not some kind of “store” that can be taken and nationalized - economist on situation with Electric Networks of Armenia (EXCLUSIVE)

Armenian economist Tatul Manaseryan gave a comment in connection with the statement of Prime Minister Nikol Pashinyan on the nationalization of the Electric Networks of Armenia, owned by a Russia-based businessman of Armenian origin Samvel Karapetyan, arrested earlier this week for two months for public calls to seize power.

25.06.2025, 18:02

Business

Nationalization of Electric Networks of Armenia was politically compromised from the start, says economist (EXCLUSIVE)

The nationalization of the electricity distribution company Electric Networks of Armenia (ENA), which Prime Minister Nikol Pashinyan is seeking to implement, is doomed to failure from a political point of view from the start, economist Hrant Mikaelyan said in an exclusive interview with ARKA news agency on Tuesday.

24.06.2025, 16:15