“ARMENIAN RAILWAY” DISSOLUTED
Today the Armenian Government made a decision about the dissolution of the “Armenian railway” CSJC, The dissolution committee was ordered to satisfy the demands of the shareholders of the company and to hand the rest stuff to the Ministry of transport and communication.
According to the information and public relations department of the Government, all the rights of Armenian railway passed to “Russian Railways” CSJC for consensus governing and “South-Caucasus Railway” CSJC is the official company to carry out company’s mission in Armenia.
The Ministry of Transport and Communication was charged with presenting to the discussion the contract project of Armenian railway within a month. The Ministry of Finance and Economics was charged with release from duties and from 12.6 million dollars loan disposed to the company by “Development credit agreement”.