Mothballed Armenian CR producer may be sold… Again

ZAO Nairit, the Armenian producer of polychloroprene rubber, may sold once again. The company’s current owners, Armsvyazbank, which is in turn controlled by the Central Bank of Armenia. According to an Interfax report, Samvel Muradian, general director of the Nairit Trust said that the plant was mothballed in 2002, but that Russian investment company, Runa-Bank is currentrly negotiating to buy the unit.

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