Yerevan /Mediamax/. Armenian government made a decision on privatization of six state property objects through NASDAQ OMX Armenia Stock Exchange.

As the Head of Department for State Property Management of Armenia Karine Kirakosyan stated at a briefing today, the government for the first time has placed state objects on exchange. According to her, such a mechanism of state property privatization will allow expanding the circle of shareholders and attracting more funds.

In late August, 2009, Chief Executive Officer of NASDAQ OMX Armenia Armen Melikyan stated in an interview to Mediamax and Banks.am portal:

“Within the framework of Capital Market Development Program, “NASDAQ OMX Armenia”, jointly with the government, the Central Bank (CB), the Ministry of Finance and the Department for State Property Management realizes works, as a result of which privatization of companies with the share participation of the state will be carried out through the Stock Exchange. Will these companies want to remain at the Stock Exchange? This will already depend on their management and the buyers of shares”.