ArmRosGazprom To End The Current Year Without Profit

ARMROSGAZPROM TO END THE CURRENT YEAR WITHOUT PROFIT

PanARMENIAN.Net
20.10.2009 11:37 GMT+04:00

/PanARMENIAN.Net/ By the end of 2009, ArmRosGazprom CJSC anticipates
gas consumption rate to drop by 15%, company’s General Director Karen
Karapetyan said.

The cash flow management system elaborated by company’s financial
experts and employees will ensure implementation of all projects.

"We’ll end the current year without any harm to the projects," he said.

However, the company will register no profit either. That’s mainly
because of "the crisis and fluctuating course of Armenian Dram,"
he added.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS