Companies with 50% Stake Owned by Yerevan Community Paid Over 187 Million Dram to Budget

Companies with a stake of 50% or more owned by the Yerevan community have paid a total of 187 million 331 thousand dram to the city budget. The corresponding decision was made on June 24 during a session of the Yerevan City Council.

Out of 60 companies in which 50% or more of the stakes are owned by the Yerevan community, 45 companies (2 of which have been transferred to concession management) reported a net profit of 607 million 647 thousand dram for the year 2019.