Report: Armenia rubber plant in bankruptcy process

Yerevan – Armenia’s Nairit synthetic rubber plant is currently in the process of bankruptcy, according to a report by the Armenian news agency Arka on 17 Nov.

Finance minister Vardan Aramyan made the announcement during a parliamentary discussion on next year’s draft budget, despite earlier signals this month that the country intended to relaunch the plant.

Earlier in November, Armenia’s ministry of energy infrastructures and natural resources announced a tender for…

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