STAR supermarket network won't closeApril 1, 2009 - 14:08 AMT PanARMENIAN.Net - 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. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Power of One Dram to benefit Road of Life, Strong Mind IDBank and Idram summarize the results of the May program of “The Power of One Dram”. Yerevan State University, Ucom sign Memorandum of Cooperation Rector of Yerevan State University Hovhannes Hovhannisyan and General Director of Ucom Ralph Yirikian signed the memorandum. EU to provide budgetary support to Armenia The agreement is aimed at increasing the competitiveness of the educational system of Armenia. Aliyev: No peace treaty unless Armenia changes constitution Azerbaijan will not sign a peace treaty with Armenia unless the latter changes its constitution, Azerbaijani President Ilham Aliyev said. |