ArmInfo.The market value of the Electric Networks of Armenia (ENA) is currently being assessed. Armenian Prime Minister Nikol Pashinyan shared this information during a briefing on January 29.
According to the Prime Minister, if the assessed amount is affordable for the state budget, he noted, the ENA will be nationalized and transferred to the management of a highly professional, accredited company or group of companies. "We are in no hurry; the Electric Networks de facto belong to the Republic of Armenia," the Prime Minister stated.
He also noted a tangible increase in the company's tax activity, transparency, and efficiency. "It is important to say that as a partner, ENA has opened up to dozens, if not hundreds, of companies. Previously, tenders were largely participated in by companies associated with former leaders. In other words, it was a corrupt money-laundering system," he said, adding that criminal cases have been initiated regarding these past practices.
