November 21, 2011 - 12:24 AMT
Nairit employees hope to receive full remuneration by yearend

On November 18, Nairit chemical plant employees received their salaries for June, and hope to receive full remuneration till yearend.

As Nairit press secretary Anush Harutyunyan told a PanARMENIAN.Net reporter, though no specific information as to possibility of remuneration till yearend was provided, the plant is working in that direction.

Currently, negotiations with German CSG and Russian ITERA are in progress to help resolve problems at Yerevan-based plant. Financing of USD 400-500 million is necessary for modernization and upgrading of the plant.