EN
20 October 2009 - 07:37 AMT

ArmRosGazprom to end the current year without profit

By the end of 2009, ArmRosGazprom CJSC anticipates gas consumption rate to drop by 15%, company’s General Director Karen Karapetyan said.

The cash flow management system elaborated by company’s financial experts and employees will ensure implementation of all projects. “We’ll end the current year without any harm to the projects,” he said.

However, the company will register no profit either. That’s mainly because of “the crisis and fluctuating course of Armenian Dram,” he added.