Presentation of distribution of Artsakh HPP OJSC's<br /> securities takes place<br />


Presentation of distribution of Artsakh HPP OJSC's
securities takes place

  • 20-03-2009 21:00:00   | Armenia  |  Economy
YEREVAN, MARCH 20, NOYAN TAPAN. The presentation of distribution of Artsakh Hydro-Power Plant (HPP) OJSC's securities took place at Yerevan's Marriott-Armenia Hotel on March 20. The event was attended by Armenian Prime Minister Tigran Sargsyan and Prime Minister of the Nagorno Karabakh Republic Ara Harutyunian. According to the RA Government Information and PR Department, the securities issued by the company are distributed by Armenbrok OJSC. Artsakh HPP company plans to spend the money received from the distribution of shares on construction of several new hydropower plants in the NKR. T. Sargsyan called the initiative symbolic not only because it is organized under conditions of the global financial and economic crisis, but also because it may start intense activity in the financial market and, as a result, develop the economy. The prime minister pointed out the project's atractiveness to investors, its importance in terms of assisting the development of infrastructures, which will contribute to job creation and economic growth in the NKR.
  -   Economy