Armenian Water Sewerage Company Projects 4 Billion AMD Incomes In 20

ARMENIAN WATER SEWERAGE COMPANY PROJECTS 4 BILLION AMD INCOMES IN 2010

PanARMENIAN.Net
30.03.2010 20:34 GMT+04:00

/PanARMENIAN.Net/ The main result of 2009 of the Armenian Water
Sewerage Company was the increased water supply of the Armenian
population from 12 to 13 hours, ensuring the high quality of supplied
water, the increased number of regular subscribers, Patrick Lorin,
general director of Armenian Water Sewerage Company said on March 30
in Yerevan.

He said the company will continue to improve the quality of services
provided.

In 2010 the company projects to increase the number of bona fide
subscribers to 150 thousand. In addition, the company plans 4 billion
AMD incomes in 2010 against 3.3 billion AMD in 2009.

Babayan About Kocharyan

BABAYAN ABOUT KOCHARYAN

hos17345.html
12:43:39 – 30/03/2010

The former NKR defense minister Samvel Babayan dwelt on Robert
Kocharyan’s latest interview and the political intrigues over it. He
said that journalists like to connect different things with each other,
while it is not true. According to him, when Oskanyan expresses his
thoughts, press writes that he supports Kocharyan, so they can say
that Babayan supports Kocharyan too. According to him, everything
started after Oskanyan’s speech and Kocharyan just answered those
who accused him of different things.

http://www.lragir.am/engsrc/country-lra

Gyumri’s "Karhat" Plant Faces Imminent Closure

GYUMRI’S "KARHAT" PLANT FACES IMMINENT CLOSURE
Yeranuhi Soghoyan

2 010/03/29 | 16:14

Feature Stories economy

"Government must protect interests of local manufacturers", argues
Deputy Director

The plant in Gyumri that manufactures stone-cutting equipment has
been on the edge of closing ever since it was privatized back in 2002.

Formerly known as "Stromashina", the Soviet industrial plant now
belongs to "Karhat Mekena, CJSC". Company Deputy Director Davit
Ghazanchyan told Hetq," We have always been in the business of
manufacturing stone cutting and processing equipment. During the
Soviet era the plant employed 825 workers but today we can’t even
keep 55 people on the payroll."

Eight years ago, "International Business Center, CJSC" privatized
the plant and invested resources in an attempt to expand production
capabilities. The plant seemed to be doing fine until 2008. It exported
what it produced to Kazakhstan, Turkmenistan, Ukraine and Russia.

"98% of our orders came from Kazakhstan and Turkmenistan. But since
Kazakhstan was the first of the CIS countries to feel the full impact
of the financial crisis back in 2007, the plant felt the fall-out
as early as June, 2008. When the crisis went global in 2009, we were
already operating in a crisis mode, says Deputy Director Ghazanchyan.

Plant to close by April 22 if new customers not found

If the plant doesn’t receive new orders by April 22, it will finally
shut its doors after operating in the red for the past two years.

Plant workers have already been notified of the inevitable closing.

Forty of the fifty-five current workers will be laid off. The director,
accountant and security staff will be the only ones left on the
payroll. Even Deputy Director Ghazanchyan has received a notice
warning that he too will be let go.

"Right now, we have eleven pieces of stone cutting equipment ready.

We’ve received deposits from Kazakhstan for three. But for the past
year and a half our customers haven’t been able to pay the balance
owed and take delivery, says Mr. Ghazanchyan. "Last year, we received
100 million AMD in assistance from "International Business-Center",
but we haven’t gotten anything this year."

"Karhat Mekena" hasn’t applied for government assistance even though
there are programs available. Mr. Ghazanchyan said the plant never
had the need since they had a constant customer base and that
"International Business" always lent a hand if the need arose.

40 more workers to get sacked in Shirak

The situation has really gotten tense. If the job cuts go through,
another forty families in the area will wind up in dire economic
straits.

"Even without the impending cuts, the region has the highest poverty
rates in the country. If we get sacked as well, the ranks of the
unemployed will just get that much bigger," complains Robert Manukyan,
the plant’s safety engineer. "I’m the breadwinner for a family of
five. We live in a hut. My son fought in Karabakh and came back
disabled. I’ve been working in the same factory for forty-four years
but the crisis doesn’t care about all that. And the government’s no
better. Forty more unemployed here, forty more there; it’s all the
same to them."

"Every month our costs run between 7-8 million AMD, without even
operating," says Davit Ghazanchyan. "And I must add that our product
is just as good, if not better, than the stone cutting equipment now
being imported into Armenia."

"We produce quality equipment but government allows imports from
overseas"

"We have this plant here in Armenia, but the government allows for
similar equipment to be imported from China and Italy. It pains me
to no end. Let me be straight with you, the interests of Armenian
manufacturers are being defended. As far as I know, in other countries
the governments see to it that importers are only allowed to bring in
goods and equipment that isn’t manufactured locally. Here in Armenia
it’s the exact opposite."

In 2007, "Karhat Mekena" manufactured 883 million AMD worth of product
and employed 114 workers who made, on average, between 100,000-110,000
AMD per month. In 2008, production fell to 525 million AMD at the
plant which had 115 workers making an average of 126,000 AMD.

"The picture in 2009 was even sadder. We only produced 26 million
AMD of goods but spent 131 million. We had 68 workers and wound up
spending 68 million of wages for the year," argues Deputy Director
Ghazanchyan."It was "International Business" that bailed us out with
100 million since we were 105 million in the hole. Now, we’re on the
verge of cutting 40 workers."

Plant accountant can’t imagine leaving after 40 years

Plant accountant Roza Muradyan has been working here for the past
forty years. Even though she’s not facing imminent dismissal, she
fears the day when she too will be gone, no longer climbing the
familiar stairs to her office at the plant.

"I’ve been working here since I was 18. I got married and got a job
for my husband here. Now, I have two sons working here," says Mrs.

Muradyan. "Our collective is one of the finest around. I just can’t
imagine that one day I too won’t be walking into this building after
all these years."

Deputy Director Davit Ghazanchyan assured us that neither plant
management nor "International Business-Center" had any inclination
of closing the factory but that they had to face reality.

"The immediate problem we face is coming up with new orders by the
April 22 deadline. It’s not much time," he said. "It’s with a great
deal of regret that the plant, the only one of its kind in the region
and the country, is on the verge of closing. We will do all we can in
the next two months to make sure another forty people don’t wind up
on the streets jobless. But, I repeat, the government must help out at
least when it comes to regulating imports. That way, we’d at least be
able to sell what we produce. Otherwise, the plant will surely close.

http://hetq.am/en/economy/stromashina/

New Armenian Ambassadors Appointed To Rumania And Kuwait

NEW ARMENIAN AMBASSADORS APPOINTED TO RUMANIA AND KUWAIT

Aysor
March 30 2010
Armenia

On March 29 Armenian President Serzh Sargsyan signed decrees on
appointing Hamlet Gasparyan the new ambassador to Rumania instead of
Eghishe Sargsyan (residence in Bucharest).

According to the Press Office of the Armenian President, on the same
day, President signed a decree appointing Fadei Charchoghlyan the new
ambassador to Kuwait instead of Vahag Meliqyan (residence in Kuwait).

Young Woman Of Armenian Origin Among 33 Victims Of Moscow Blast

YOUNG WOMAN OF ARMENIAN ORIGIN AMONG 33 VICTIMS OF MOSCOW BLAST

Aysor
March 30 2010
Armenia

17-year-old Eghiazarian Valentine Ovanesovna is reported among dead
victims of the Moscow blast of March 29. According to the issued lists
of victims of the blast that shook crowded subway stations in central
Moscow yesterday morning, the young woman died after hospitalization
in the Pirogov Hospital.

Up to the moment 33 bodies are identified, of these 23 men and
10 women.

Unibank expected to ensure over 50% growth of auto loan in 2010

Unibank expected to ensure over 50% growth of auto loan portfolio in 2010

26.03.2010

ArmInfo. Unibank has reduced interest rates on its auto loans, Unibank
press-service told ArmInfo. Thus, the interest rate on the auto loan
in the amount of 7 million drams is 15%, on the loans in the amount of
7-15 million drams – 17%.
Prepayment is 20% and maximum loan maturity is 60 months.

To buy a more expensive car, a client is offered an overdraft against
car in terms of the US dollars. The annual interest of the loan in the
amount of $100,000 is 15%-17% and prepayment is 30%. The source
reported that Unibank is always among the leaders in the auto loan
market. In 2009 the bank ranked the first in the given market by the
volume of auto loans. Demand for Unibank’s auto loans is high thanks
to its client-oriented lending programs. Prior repayment of loans is
possible without any restrictions and fines. As of March 1 2010 the
auto loan portfolio of Unibank amounted to nearly 8 billion drams. In
2010 Unibank is expected to ensure over 50% growth of auto loans and
maintain its leading positions in the given market.

Ankara displeased with Obama

news.am, Armenia
March 27 2010

Ankara displeased with Obama

15:43 / 03/27/2010 Below is an article by Abdulhamit Bilici published
in Today’s Zaman

When Barack Obama was elected to replace George W. Bush, who attracted
protests not only in Muslim countries, but all around the world
because of his violence-oriented, discriminatory policies, Ankara,
like many other capitals, was relieved.

When he chose Turkey for his first bilateral visit and delivered his
oft-quoted speech in Ä°stanbul, spoke of a foreign policy mentality
that would play nicely with Turkey’s new foreign policy and lent
support to Turkey’s European Union membership process, the fondness
for Obama increased further.

So far so good, but the adoption of the so-called genocide bill in the
US House of Representatives Committee on Foreign Affairs, it seems,
has put an end to the honeymoon, replacing hopes with doubts. Turkey’s
reaction, manifested in the form of recalling its ambassador, an
option which was not even considered during the Bush administration
despite crises such as the Turkish Parliament denying permission to US
troops to use Turkish territory in an attack against Iraq on March 1
and the hood incident, in which 11 members of the Turkish Armed Forces
(TSK) were detained by US troops and hooded for 60 hours while they
were interrogated on July 4, 2003, shows the seriousness of the
situation. When Ambassador Namık Tan, who was appointed to replace
Nabi Å?ensoy upon his resignation in December, will return is not
known.

While this is not reflected in official statements, you can understand
better the level of disappointment and reaction when you lend an ear
to Foreign Ministry officials. Moreover, President Abdullah Gül’s
statement that he `would not call Obama once again in connection with
the genocide issue’ is also indicative of Ankara’s reactions. So what
is the cause of this reaction?

Foreign Ministry sources tend to attribute the failure of all Turkey’s
efforts to ward off the bill to an executive order, known to many,
which may be influential in this regard in Washington. The fact that
they have received exactly the same response from all of the
influential players in Washington they have referred to has further
added to their doubts. A Democrat who was expected to vote in our
favor but did not cast his vote although he attended the session is
offered as more proof of this uniform response.

The logic that underlies this approach is this: `The committee’s
adoption of the bill will urge Turkey to take action on the protocols.
Turkey’s reaction can also be accepted. So let’s sit down and watch.’
Turkish officials tend to believe that this was the main approach
adopted by the Obama administration until voting day. `The adoption of
the bill will adversely affect Turkey from a psychological standpoint.
A negative attitude from the US administration will disrupt Turkish-US
relations. This will in turn sabotage Turkish-Armenian normalization,’
some argued, it seems, but they failed to make any change.

The main reason for recalling Ambassador Tan, who is supposed to
explain Turkey’s theses to Washington by staying there, is the
reaction felt in the face of the Obama administration failing to take
the slightest action until the last minute. In order to understand why
Turkey resorted to the action of recalling its ambassador ‘ which is
generally used as a method when there is a need to send a strong
signal to the interested party ‘ and why it has not sent him back to
date, we need to underline two points. First, for the first time, a US
administration chose to remain silent in the face of the claims.
Second, the bill, which has been brought to the agenda many times
before, was adopted before April 24, which is the critical date for
the genocide claims.

For this reason, Ankara is as much concerned about what Obama’s
attitude will be on April 24 as about whether the bill passed by the
committee with a one-vote difference will be introduced to the full
House. In this case, the reason why the Turkish Foreign Ministry
recalled the ambassador and has not sent him back without receiving a
clear signal is, according to Foreign Ministry sources, to prevent
more dangerous steps from being taken and relations from deteriorating
further. Although it has not received any such signal so far, Ankara
is considerably optimistic about the result. According to the Turkish
Foreign Ministry, the solution cannot be obtained with these methods,
but with the implementation of the protocols. They are convinced that
the protocols have not died and the Azerbaijani-Armenian issue, which
is the main obstruction, could be quickly settled if there was the
will to do so. They attribute the relative slowdown in the process by
which foreign parliaments adopt genocide bills and the narrow margin
by which the bill was adopted at the House committee to Prime Minister
Recep Tayyip ErdoÄ?an’s 2005 proposal to set up a commission of
historians and the protocols.

It is sad to see that the protocols, which were supposed to facilitate
Turkish-Armenian normalization and the Nagorno-Karabakh issue, have
amounted to a problem. Yet, shouldn’t we criticize Armenia for voicing
ratification of the protocols as a precondition for ending its
occupation in Azerbaijan as we do ErdoÄ?an for slowing down the
ratification process and talking about deporting the illegal Armenian
immigrants in Turkey?

Hanguyc group works on coherent national search system

Hanguyc group works on coherent national search system

27.03.2010 18:03 GMT+04:00

/PanARMENIAN.Net/

Hanguyc Group is working on a coherent national search system. As
Hanguyc Group team leader Mher Abrahamyan told PanARMENIAN.Net, the
system has been created by analogy to Yandex (Yandex Search, Yandex
Direct), Google (Google Search, Google Ads), and others. The purpose
of the system is to provide accurate and specialized information in
Armenian language, taking into account the location of the user,
creating a stable income in the Armenian Internet, improving the site
traffic through their interconnections.

Already functioning Hsearch has some differences from other known
engines. So, in the search results the location of a server is
indicated, enabling users to get information about traffic, domain
name registration. In addition, the search engine displays the
ratings of Armenian resources based on the relevance of the
information contained on the site. Unification of the Armenian fonts,
spell-checking, transliteration from the Latin and search of Armenian
words’ translation are developed.

According to Mher Abrahamyan, in future Hanguyc Search and network of
billboards Hanguyc Points will be united, electronic payment Hdram,
professional social network Hnet.am and e-mail services will be
elaborated.

Group Hanguyc (node) was founded in 2003. In 2009, the RA Ministry of
Diaspora and the Hanguyc group signed a memorandum of cooperation.

Armenia, Czech Republic sign military cooperation accord

mediamax, Armenia
March 26 2010

Armenia, Czech Republic sign military cooperation accord

Yerevan, 26 March: Defence ministers of Armenia and the Czech
Republic, Seyran Ohanyan and Martin Bartak [respectively], signed an
agreement on military cooperation between the ministries of defence of
the two countries in Yerevan today.

Speaking at a breafing on results of bilateral talks, Ohanyan said the
document signed has set legal basis for development of military
cooperation between Armenia and Czech republic and that leadership of
both counties ascribes importance to this, the Mediamax news agency
reports.

The Armenian defence minister expressed the hope that the visit of his
Czech colleague will boost the shift of bilateral cooperation to a
qualitatively new level. Ohanyan noted significance of Armenian-Czech
cooperation, both at bilateral level and in the framework of
all-European organizations.

The Armenian minister said that the agreement includes various lines
of cooperation, among which the military industry sector has a special
place. Besides, cooperation in military-technical, expert,
consultative, historical, peacekeeping, educational, medical and other
spheres is envisaged. Ohanyan said annual cooperation programmes will
be developed in the framework of the agreement on practical and
mutually beneficial conditions.

The Czech vice president, Defence Minister Bartak said that his
country, being a NATO member, has many years of experience in the
sphere of military education and training and is ready to share it
with Armenia. He said some Armenian military officers have already
passed training in one of Czech military centers. The Czech defence
minister said that Czech Republic has accumulated experience on
upgrading facilities inherited from the times of the Warsaw Pact.

Paruyr Hayrikayn: Armenia should ratify the protocols first

Paruyr Hayrikayn: Armenia should ratify the protocols first
26.03.2010 17:32

Karen Ghazaryan
`Radiolur’

President of the National Self-Determination Union Paruyr Hayrikyan
considers that it would be correct for Armenia to ratify the protocols
very quickly and stipulate a condition that the process will be
cancelled in case Turkey drags out the ratification for another two
months.

Member of the Political Council of the Republic Party Suren Surenyants
says, the Armenian Turkish process is deadlocked, but it could be
predicted. He considers, however, that Armenia will benefit if it
ratifies the protocols first.

`If Armenia is the first to make the decision, it will demonstrate
that it’s conducting an initiatory and constructive policy. On the
other hand, Turkey will be deprived of the opportunity to maneuver.’

According to Suren Surenyants, there is no alternative to the
Armenian-Turkish normalization. He does not rule out that the parties
may simultaneously ratify the protocols under the pressure of the
international community.