Company Sold to Aznavour Pour L’armenie for $1

YEREVAN (Armenpress)–The Armenian government decided to sell its portion of shares of the Manuk Ltd. joint venture to the Aznavour pour l’Armenie charitable organization for $1.

The decision was made taking into account that due to the efforts of the Aznavour pour l’Armenie–the joint venture Manuk was set up at the cannery factory in Oktemberian to produce baby food. The organization also paid energy bills for needy families during three winter months in 1993-1994–it also brought food–clothes–medicine and medical equipment to Armenia and was very much instrumental in helping to restore the disaster zone hit by 1988 earthquake.


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