STAR Supermarket Network Won’t Close

STAR SUPERMARKET NETWORK WON’T CLOSE

PanARMENIAN.Net
01.04.2009 13:08 GMT+04:00

/PanARMENIAN.Net/ The information that STAR supermarket network can
be closed is untrue, marketing director Narine Avetisyan said.

"The rumors are untrue. We are working and developing. The liabilities
are of 38-45 days. This will by no means affect our company’s
profitability. It’s an ordinary phenomenon. In developed countries
the term can reach 90 days," she told PanARMENIAN.Net.

According to STAR executive director Vahan Kerobyan, the company makes
major payments every day. "I wonder who is interested in disseminating
lies," he said.