Araratcement’s manager to be appointed in July: Papoyan

Ararat Cement, owned by Gagik Tsarukyan, leader of the Prosperous Armenia Party (PAP), has been transferred to the management of Armenia, represented by the RA Ministry of Economy. This was announced by Gevorg Papoyan, Armenia’s Minister of Economy.

“During the course of July, a manager for Araratcement will be appointed in accordance with the established procedure. Until then, I call on all employees of the company to perform their duties conscientiously and responsibly, so that no grounds arise in the future for dismissal under the procedure established by law, or for administrative or criminal liability.

All employees who know their work well and perform their duties conscientiously and with discipline will continue working,” Papoyan wrote.