April 1, 2009 - 14:08 AMT
STAR supermarket network won't close
The information that STAR supermarket network can be closed is untrue, marketing director Narine Avetisyan said.
"The rumors are untrue. We are working and developing. The liabilities are of 38-45 days. This will by no means affect our company's profitability. It's an ordinary phenomenon. In developed countries the term can reach 90 days," she told PanARMENIAN.Net.
According to STAR executive director Vahan Kerobyan, the company makes major payments every day. "I wonder who is interested in disseminating lies," he said.