ArmInfo. All the backdated wages have been paid to employees of Vanadzor Chemical Plant.
During his visi to Lori Region, the Prime Minister Karen Karapetyan met with the Vanadzor chemical plant workers who had gathered in front of the Vanadzor technological center, the press service of the government informs. They thanked the Head of Government for finding a solution to their wage-related problem. AMD166 million have been paid as the full amount of salaries and similar payments on the debt as of December 31, 2016.
Speaking about the plant's further operations and the successful experience during the Soviet era, Karen Karapetyan said, "It has been a great part of the country, when there was no problem of supply and consumption. In this case, the company operated in a normal mode. After independence, we faced other problems, many attempts have been made so that investors could come to organize a business, and it goes without saying that they should be able to sell the output. This investor proved a failure due to both objective and subjective reasons. Now the factory is in the bankruptcy process, which does not stop the process of attracting investors. If an investor comes and submits a proposal and we understand that this investment makes sense, we will not have the usual risks, we will discuss the future plans," Karen Karapetyan said urging the factory workers and professionals to submit proposals.
Vanadzor Chemical Plant was established in 1929 and was producing lime. Later production was expanded involving new types of products: ammonium, melamine, various crystals and fertilizers. In 1999 Prometey Chimprom was established based on Vanadzor Chemical Plant and Vanadzor Plant of Synthetic Fiber.