Armenia’s Nairit being pulled to pieces - newspaper
23.05.2017,
13:47
Karen Asatryan, Nairit bankruptcy procedure manager, has set the chemical plant’s property for an auction, 168 Zham reported on Tuesday.

YEREVAN, May 23. /ARKA/. Karen Asatryan, Nairit bankruptcy procedure manager, has set the chemical plant’s property for an auction, 168 Zham reported on Tuesday.
According to the newspaper, an auction took place on April 28 in a courtroom of Yerevan’s Shengavit district court for selling the plant’s property – machinery, parts of engineering tools, chemical substances, containers etc.
The property was offered in 552 lots of the total cost of AMD 621,300,000. The next auction is scheduled for June 9.
Earlier the newspaper reported that yet before the shareholders’ meeting, certain goods, particularly air separators with two clocks of compressors, intended for the rubber production based on oxygen and acetylene, were sold in an accelerated way. Remarkable is that their sale makes rubber production impossible.
There are also speculations that the Armenian government is so wreck that it is not able or doesn’t want to put right Nairit that was considered once as a locomotive of Armenia’s economy.
“And now the former chemical giant is being pulled to pieces,” the author of the article says.
It is also remarkable that Karen Asatryan is selling the property and raw materials via auction and in other ways at prices which are much lower than market prices.
“It seems the bankruptcy manager has set oneself the task of consigning Nairit to the rubbish bin of history as quick as possible and burying all corruption stories.” --0---
According to the newspaper, an auction took place on April 28 in a courtroom of Yerevan’s Shengavit district court for selling the plant’s property – machinery, parts of engineering tools, chemical substances, containers etc.
The property was offered in 552 lots of the total cost of AMD 621,300,000. The next auction is scheduled for June 9.
Earlier the newspaper reported that yet before the shareholders’ meeting, certain goods, particularly air separators with two clocks of compressors, intended for the rubber production based on oxygen and acetylene, were sold in an accelerated way. Remarkable is that their sale makes rubber production impossible.
There are also speculations that the Armenian government is so wreck that it is not able or doesn’t want to put right Nairit that was considered once as a locomotive of Armenia’s economy.
“And now the former chemical giant is being pulled to pieces,” the author of the article says.
It is also remarkable that Karen Asatryan is selling the property and raw materials via auction and in other ways at prices which are much lower than market prices.
“It seems the bankruptcy manager has set oneself the task of consigning Nairit to the rubbish bin of history as quick as possible and burying all corruption stories.” --0---