ANTIMONOPOLY COMMISSION TO CONSIDER STATEMENT ON SERVICE PRICE INCREASE OF "ARMENIA INTERNATIONAL AIRPORTS"
ARKA News Agency, Armenia
June 25 2007
YEREVAN, June 25. /ARKA/. The RA State Commission on the Protection of
Economic Competition (SCPEC) entertained the statement on increasing
prices for some services of the Company "Armenia International
Airports" (exploited as "Zvartnots" Yerevan Airport).
The Commission’s press service reported that the execution of the
issue was based on the statement of the "Hatuk kap" CJSC ("Special
communication"), implementing transportation of top secret state
documents and registered parcels.
The Company "Armenia International Airports" permits the "Hatuk kap"
CJSC to enter the territory of hangars and transport cargos through
"Zvarntots" airport.
In its statement the "Hatuk kap" CJSC asks the SCPEC to consider the
legality of increasing the tariffs up to AMD 1.2mln monthly ($3.5ths
by current exchange rate) against $600 in 2005.
The statement points out that despite the corresponding message from
the RA Ministry of Transport and Communication, the Company "Armenia
International Airports" did not reduce the price for this service,
that is why the "Hatuk kap" CJSC was induced to sign the agreement
on more severe terms.
The case of service price increase will be considered by the State
Commission on the Protection of Economic Competition during the
coming week.
The Company "Armenia International Airports" exploits "Zvartnots"
airport in accordance with 30-year concession management provided
by the Armenian Government in 2001. New York Holding Company owns
the Company, 100% shares of which belong to Argentinean of Armenian
origin Eduardo Eurnekian.