Thursday, October 12 2017 15:44
Alexandr Avanesov

Haypost Post Company will be privatized in 2018

Haypost Post Company will be privatized in 2018

ArmInfo. Haypost (ArmPost)  post company will be privatized in 2018, On October 12, Minister of  Transport, Communications and Information Technologies Vahan  Martirosyan stated at the government session.

To note, Armenian Government today adopted project on delay of the  term of concession management of the national postal company  "Haypost".

As the Minister stressed, this is done in order to immediately take  it out for privatization. The concession agreement expired in  September 2017, will now be extended for a period of up to 6 months.  After that, the government intends to transfer private business not  only mail management, but also its property.  Privatization is  scheduled to be completed by the end of 2018.

The postal consignee - "HayPost Trust Management" is a company  affiliated with the Argentine billionaire of Armenian origin Eduardo  Ernekian.

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