ArmInfo. Karen Karapetyan, the Prime Minister of Armenia called for privatization through the Stock Exchange.
Karen Karapetryan instructed the State Property Management to review the privatization roster of the state companies and to develop in two week term an appropriate proposal on their open privatization through public offer (oferta) at the Stock Exchange. "Doing this, we will facilitate the Stock Exchange and improve the management level of those companies," Prime Minister mentioned.
To recall, NASDAQ OMX Armenia is the only stock exchange currently operating in Armenia. On January 26, 2009, "Armenian Stock Exchange" ojsc was officially renamed as "NASDAQ OMX Armenia" ojsc. On June 5, 2009, "NASDAQ OMX Armenia" ojsc became the owner of 100% of the shares of the "Central Depository of Armenia" ojsc. 226 transactions on corporate bonds were made on NASDAQ OMX Armenia in 2015, which totaled 453.5 mln AMD (versus 343 transactions totaling 1.1 bln AMD in 2014). Capitalization of stock market of Armenia in 2015 grew by 42% totaling 103.8 bln AMD (versus 73 bln AMD in 2014 and 61.7 bln AMD in 2013). 140 transactions on shares were made totaling 4.3 bln AMD in 2015 (versus 213 transactions totaling 28.8 bln AMD in 2014).
