ARMENIA PUTS UP PROPERTY AND BRANDS OF CJSC ‘BJNI MINERAL WATER PLANT’ TO AUCTION

ArmInfo
2008-12-19 17:39:00

ArmInfo. The property and brands of CJSC "Bjni Mineral Water Plant"
were put up to e-auction at 5:19 local time, Friday, Rouben Grdzelyan,
the press-secretary of Judicial Acts Compulsory Execution Service of
Armenian Justice Ministry, told ArmInfo correspondent.

According to him, the knockdown bid for the property and brands
"Bzhni" (mineral water) and "Noy" (clear water) is 4,934 bln AMD
($16 mln). The auction will last 10 days. Financial claims worth a
total of 4.1 bln AMD were filed to the company as a result of audit
of tax bodies. These assets have been transferred to the state.

To note, CJSC "Bjni Mineral Water Plant" is included in the
structure "SIL Concern" belonging to the Sukiassyans’ family of
entrepreneurs. The fact of unprecedented pressure on the concern
structures is connected with the political activity of one of the
shareholders, Armenian MP Khachatur Sukiassyan, who openly supported
the oppositional candidacy of the first president of Armenia Levon
Ter-Ptrossyan during the presidential election in February 2008.