POLITICAL ACTIVITIES HINDER BUSINESS
Lragir.am
02 Aug 06
The State Tax Agency of Armenia published the list of 1000 big
taxpayers in the first half of 2006. There are changes compared with
the first quarter of 2006, but the first troika remained the same:
Zangezur Copper and Molybdenum 13.447 billion, Armentel 8.331 billion,
Armrusgasard 5.647 billion drams.
Flash remains the fourth with 4.065 billion. Petrol Service descended
from the sixth to the seventh place. Vivacell descended from the
seventh to the eighth place. Grand Tobacco remained in the ninth place,
and in the first quarter the Atomic Power Plant of Metsamor descended
to the twelfth place and was replaced by IMT.
The loss of two A320 of Armavia owned by Mikhail Baghdasarov had an
impact on the income of another company owned by the same person.
Mika Armenia Trading was the 14th in the first quarter (655 million).
As of the first half of the current year, it is the 20th with 935
million drams or plus 280 million.
Unsuccessful political career of the former head of the Kocharyan
administration Artashes Tumanyan had a negative impact on the income
of Mets Aniv. In the first quarter of 2006 this company was the 43rd
with 185 million, in the first half of 2006 it is the 47th with 413
million drams.
The companies owned by Gagik Tsarukyan, who has recently stepped u
a politically activity, also moved. Multi Lion descended from the
80th to the 82nd place, Multi Group descended by 39 points, from the
129th to the 168th place. Ararat Cement also had a record decline,
descending from the 104th to the 175th place.
Arsoil owned by the leader of the Labor Party Gurgen Arsenyan, which
became a coalition party, was the 21st and became the 22nd. Avshar
Winery owned by Aramayis Grigoryan, who became the chair of the
Committee of Defense, Internal Affairs and National Security, descended
from the 18th to the 21st place.