ArmInfo. In 2023, shares of two state-owned companies were privatized, and the Isotope Production Center CJSC was excluded from the "State Property Privatization Program for 2017-2020," as stated by Arnak Avetisyan, head of the State Property Management Committee, in parliament on September 9, while presenting the draft law for the implementation of the program for 2023 in the second reading.
According to him, the government's decision to exclude the CJSC also includes maintaining state funding for the Center, transferring management of the shares to the Ministry of Health and ensuring the improvement and development of the services provided. During the reporting period, 3.7 billion drams were secured through privatization, of which 1.1 billion drams were allocated to the state treasury, and 1.1 billion drams were allocated to the community budget. In 2023, under the privatization agreements, both buyers fulfilled their obligations to maintain the profile completely. However, one of the buyers only partially fulfilled their investment obligations, resulting in a fine of 30 million drams being imposed on them.
