ArmenPress
Aug 2 2004

37 ENTERPRISES 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.