37 ENTERPISES PRIVATIZED THIS YEAR

YEREVAN, AUGUST 2, ARMENPRESS: Some 1,894 formerly state-run enterprise have been privatized in Armenia since 1994 when the process started and 37 have been privatized this year. The overall amount of privatization proceeds made 111 billion drams, of which 1.3 billion were raised this year.
A government-affiliated department for privatization said 31 of this year’s enterprises were privatized through direct sale.