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.