Auction to sell Bjni mineral water factory to resume Feb 5

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Economy

03.02.2009, 20:01

The online auction to sell “Bjni” mineral water factory is to resume Thursday February 5, said Ruben Grdzelyan, Press Secretary of Bailiff Service, Armenian Ministry of Justice.

YEREVAN, February 3. /ARKA/. The online auction to sell “Bjni” mineral water factory is to resume Thursday February 5, said Ruben Grdzelyan, Press Secretary of Bailiff Service, Armenian Ministry of Justice.

He reported that during the previous ten days of the auction (from January 23 to February 2) no single bid was received.

Under the country’s law about public sale, if no bids are received the new auction is to be announced on the third working day after the final day of the previous one and the lot price is to be reduced by 10% there, Grdzelyan said.

According to him, no bids are received due to the high lot price.

The Bailiff Service set the preliminary price for the property of the factory, including rights for trademarks, at 4,934,943,264.3 Drams.

“Bjni” mineral water factory belongs to SIL concern owned by Sukiasyan family. The stockholder of Bjni member of Armenian Parliament Khachatur Sukiasyan is currently wanted by the police. The operations of the factory were suspended in autumn 2008. The property of the factory was seized by the Bailiff Service and put on an online auction. ($1=305.28Drams). N.V. –0--

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