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Armenian parliament adopts legislative amendments allowing nationalization of Electric Networks CJSC
The National Assembly of the Republic of Armenia adopted in the second and final reading legislative amendments to the ArmenianLaws "On the Public Services Regulatory Authority" and "On Energy", allowing nationalization of Electric Networks of Armenia CJSCLegislative changes aimed at nationalizing Electrical Networks of Armenia violate property and investor rights - lawyer
The legislative changes initiated by the Armenian authorities on Electrical Networks of Armenia (ENA) are unconstitutional and aimed at interfering with property rights, said lawyer Aram Vardevanyan, who represents the interests of ENA owner Samvel Karapetyan.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.Minister states plan to nationalize ENA preceded its owner's political statement.
The need to nationalize Armenia's power distributing company Electric Networks of Armenia (ENA) was not prompted by a political statement made by its owner, Russia-based businessman Samvel Karapetyan, Territorial Administration and Infrastructure Minister David Khudatyan said in parliament on Tuesday.Opposition MP Accuses Armenian Authorities of Attempting to Seize “Electrical Networks”
MP from the opposition Armenia faction Anna Grigoryan, speaking at an extraordinary session of parliament on Tuesday, accused the country's authorities of attempting to seize Electric Networks of Armenia CJSC.Republic of Armenia put on notice of investment dispute for its actions against Samvel Karapetyan and Electrical Networks of Armenia
Samvel Karapetyan, a prominent businessman and a founder of Tashir Group, one of the largest group of companies in Eastern Europe, together with his family, sent a notice of investment dispute to the state officials of the Republic of Armenia.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.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.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.Nationalization of ENA would damage Armenia's image and investment environment, says opposition MP
An opposition member of the Armenian parliament Tigran Abrahamyan from I Have Honor bloc has warned that nationalization of the national power distribution company Electric Networks of Armenia (ENA), suggested earlier this week by Prime Minister Nikol Pashinyan would heavily damage Armenia's image and investment climate.Armenian Prime Minister accuses Samvel Karapetyan's ENA of causing the country's energy crisis
The Electric Networks of Armenia (ENA) power distribution company (owned by Russia-based bilionaire of Armenian origin Samvel Karapetyan) has practically created an energy crisis in the country with the aim of generating discontent among the public, o Armenian Prime Minister Nikol Pashinyan argued today.Some 130 companies suspended in Armenia in 2024, fines for 182 million drams issued - regulator
In 2024, administrative penalties to the tune of 182 million drams were imposed in Armenia, and operation of 130 business entities were suspended, according to Armen Danielyan, head of the Food Safety Inspectorate.Level of wear and tear of energy infrastructure in Armenia is 60 per cent - ENA Director General
The current level of depreciation of the electric power infrastructure managed by the national power distribution company Electric Networks of Armenia (ENA) is 60%, ENA CEO Karen Harutyunyan said in an interview with the Public Television.ENA plans to rule out power cuts in the centre of Yerevan
Modernisation of the power network in the centre of Yerevan was discussed at the meeting of Mayor Tigran Avinian with Karen Darbinyan, Chairman of the Board of Directors of Electrical Networks of Armenia (ENA) and Karen Harutyunyan, General Director of the company.News 1 - 20 of 170
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