ArmInfo. The doom of the last surviving industrial giant in Armenia is Vanadzor-Chemical Plant CJSC is close. Competent state bodies are either not aware of what is happening, or consider the enterprise as a "bakery", the owner of which sells it in parts. This is stated in the statement of the "Bright Armenia" Party, which arrived in ArmInfo.
"Bright Armenia" cites the words of the unnamed representatives of the enterprise, which say that in fact no alienation of vital assets for the plant is carried out. However, the party believes that "in fact, unique equipment is sold, which then can not be restored." The statement asks "who actually owns the plant?" The state bodies keep silent about this, hiding the name of the real owner. "The lack of information about the beneficiaries of the plant on the official website of the State Register of Armenia, which, after carrying out standard procedures for payment for obtaining information about owners of certain organizations, is a clear proof of the fact that the system gives the signal - access denied.
Referring to the unverified data, party representatives refer to one of the Armenian banks, informing that one of its shareholders allegedly purchased the plant and pawned it in the same bank. And this was done, they believe, in order to avoid alienation of assets in the process of bankruptcy, since in this case it is the creditor who has the right to take precedence for the acquisition of alienated property. "At the initiative of the owner of the enterprise and, secretly from the public, the unique equipment of the plant is alienated as unnecessary trash, even in this situation the owner of the enterprise returns the investment, since the purchase price was too low," the statement said.
In fact, the assets of the enterprise of strategic importance are sold, which cannot be regarded as private interests of the owner. "The state bodies should immediately inventory the current assets of the plant and conduct appropriate inspections," the "Bright Armenia" calls.
To note, the signals about the alienation of the property of one of the largest industrial giants of Soviet Armenia - Vanadzor Chemical Plant began not today. Back in April 2016, information appeared that from Vanadzor Chemical Plant unknown persons had dismantled and stole a considerable amount of equipment. It was reported that the employees had to protect the company where they worked. Then the ex-Minister of Energy and Natural Resources of the Republic of Armenia Levon Yolyan noted that the enterprise had dismantled a small number of equipment, which was sold at auction, and the funds were used to repay the arrears of wages.
To note, the Vanadzor Chemical Plant, founded in 1929, produced lime at first. Then the production was expanded due to new types of products: ammonium, melamine, synthetic corundums, various crystals, and more recently - fertilizers. May 8, 1999 The Armenian government signed an agreement with Zakneftegazstroy-Prometey on the sale for $ 1.5 million. Prometey CJSC, which unites 3 enterprises: Vanadzor Chemical Plant, Vanadzor Chemical Fiber Plant and Vanadzor Thermal Power Plant. In the year 2005 the restart of the Vanadzor plant "Prometey-Khimprom" was held. The complex is able to produce up to 10 thousand tons of melamine per year, 15 thousand tons of carbide, 500 tons of melem, 3,500 tons of acetate tape, 200 tons of corundum, and Vanadzor TPP - 25 megawatt of electricity.
Meanwhile, Vanadzor Chemical Industry, like the chemical giant of Armenia, the Nairit plant became a victim of offshore deals. In June 2007, the offshore company Roding Commercial Limited became the owner of 100% of shares for $ 25 million. (Roding Commercial Ltd), which, according to the State Register of Legal Entities of the Republic of Armenia, was registered in London at the address of the company "Rhinoville Property Limited". In 2006, 90% of shares of Nairit were sold to the same British consortium Rhainoville Property Limited. The founder of these two companies and shareholder of Roding Commercial Ltd, according to the media, is the same offshore company "Imex Executive Ltd". However, in February 2010, "Roding Commercial Limited" was disbanded. The founder of "Roding Commercial Limited" company "Imex Executive Ltd" was established by the Russian branch of the law firm "G.S.L. Low Consulting". The shareholder-director Brenda Koksij, according to all the same media, for some time was also the director of the company "Raionovil Property Limited" - the shareholder of "Nairit Plant." At the same time, local media reported that the talks on attracting investments to "Vanadzor- Chemical Plant" conducts with the British company, and then information appeared that the interest of the Georgian company is also visible. By today, the authorities in every possible way still hide from the uninitiated the names of the true owners of companies, and their intentions.
It is noteworthy that in 2014 during the visit to the plant due to delays in the payment of wages, Ex-Prime Minister Hovik Abrahamyan could not answer journalists who owns Vanadzor-Chemical Plant. The former prime minister then said that the plant is a private property, and issues of payment of wages are beyond its competence. However, at the same time, he promised to assist in obtaining a salary at least for one month and recently a monthly salary was still paid. On December 15, 2015, on behalf of Armenian President Serzh Sargsyan, they began to pay debts on wages. In this regard, it is not entirely clear where the funds were obtained for paying off salaries to employees and, if from budget funds, why the state repays the debts of a private company.
In the meantime, since 2013 the factory workers were in forced idle time. As reported by the Governor of Lori Arthur Nalbandyan, the total debt of Plant on wages is 100 million AMD. In addition, about 1 billion AMD the company owed to "Armrosgazprom" CJSC, another one billion is arrears for electricity. Large debts were formed as a result of non-payment of taxes on land and property to the mayor of Vanadzor. Tax inspection of large taxpayers KGD also put forward a demand for bankruptcy due to arrears amounting to about 2.2 billion AMD. Against the enterprise, about a dozen bankruptcy lawsuits were filed. It was noted that Zakneftegazstroy-Prometey JSC and Vanadzor Chemical Plant CJSC signed an agreement, but could not repay the debt, after which the company Zakneftegazstroy-Prometey appealed to the court and partially won the claim. The court ordered Vanadzor Chemical Plant to pay out debts of 112 million AMD. The company again failed to fulfill its obligations, and Zakneftegazstroy-Prometey appealed to the court already with a demand to recognize the plant as bankrupt. The court granted the suit, and Vanadzor Chemical Plant was declared bankrupt.