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“GM holding” company recognized as a shareholder of CJSC “Artsakhgas”


On April 10, the competition of privatizing CJSC “Artsakhgas” announced by the staff of the AR Government was held headed by the chairman of the commission Gagik Israyelyan.
Only one order had been placed by the “GM holding” Ltd who was recognized as a winner. Authorized representative of the “GM holding” Ashot Hovhannisyan introduced proposals and data concerning the requirements and terms of the competition. The company is committed to invest 1 milliard 505 million AMD in the company “Artsakhgas” during 5 years, raise the minimum salary to AMD 75 thousand and so on.
At the end the members of the commission congratulated the representatives of Ltd “GM holding” and wished them success in the development of this important sphere.

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