The Debt Repayment Process of <Vanadzor- Chimprom> has Started

The debt repayment process of the remaining part of wages of the employees of <Vanadzor Chimprom> company has started. It is expected to finish the process today. The whole sum has already been transferred.

As it is known, according to the RA President's instruction, the RA Ministry of Energy and Natural Resources together with the authorities of the company started taking measures aimed at the debt repayment of the employees' wages two months ago. 

The two-month debt of the wages was repaid by the sum resulting in the sale of residual products of the enterprise in the first stage. As promised, the repayment of the remaining part of the debt will be finished on December 15.   Over 340 million drams will be paid for the debt related to wages collected during the previous 11 months. 

Appropriate studies regarding to <Vanadzor-Chimprom> have also been undertaken, during this period, the results of which will be presented to the Government in the near future.