
The Nairit chemical plant outside of Yerevan (Photo: Photolure)
YEREVAN (Arka)—Armenia’s chemical plant Nairit was recognized Wednesday bankrupt by the court of Yerevan’s Shengavit district, according to the official judicial website datalex.am. Â
The court obliged Nairit Plant to pay more than AMD 1.23 billion, which includes also AMD 160 million fines, to the Electric Networks of Armenia. Â
On November 14, Armenia’s ministry of energy infrastructures and natural resources announced a tender, with involvement of private investors, to re-launch Nairit chemical plant’s production facilities.
Companies may submit also preliminary projects of the re-launch of the plant’s production infrastructures.