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David Ghazinyan dismissed from post of acting CEO of ENA

22.07.2025, 10:14
Acting CEO of Electric Networks of Armenia CJSC David Ghazinyan has been dismissed from his post, the company's press secretary Natalya Sarjanyan told Novosti-Armenia.
David Ghazinyan dismissed from post of acting CEO of ENA

YEREVAN, July 21. /ARКА/. Acting CEO of Electric Networks of Armenia CJSC David Ghazinyan has been dismissed from his post, the company's press secretary Natalya Sarjanyan told Novosti-Armenia.

Earlier, he said that he did not plan to write a resignation letter. Interim manager of ENA Romanos Petrosyan said earlier that Gazinyan would be dismissed from his post because he is "one of those people because of whom ENA found itself in this situation."

Romanos Petrosyan was appointed interim manager of Electrical Networks of Armenia on July 18 by the decision of the Chairman of the Public Services Regulatory Commission of the Republic of Armenia within the framework of administrative proceedings and the application of preventive measures against ENA.

The decision of the head of the PSRC states that in recent years, public discontent has been growing with major system failures, more frequent cases of power outages, voltage fluctuations, and violations of deadlines for connecting new subscribers.

About Electric Networks of Armenia

Electric Networks of Armenia is a part of the Tashir Group of Companies, which is owned and managed by billionaire and philanthropist Samvel Karapetyan. ENA manages medium and low voltage distribution networks in Armenia, serving about 1 million subscribers.

Since 2016, Tashir Group of Companies has invested about $680 million in the modernization of Electric Networks of Armenia alone, and another $150-200 million was invested in the creation of new capacities. -0-