Armenian Postal Service Management Handed to Dutch Firm

YEREVAN (Armenpress)–The Armenian government Friday reconfirmed that it has revoked an agreement with Converse-Invest company, through which the company would manage Hye Post, Armenia’s national postal service. Armenia’s transport and communication ministry said the government approved the process to hand over the management of Hay Post to the Hay Post Trust company. It said this process was managed with the assistance of the Dutch ING consulting firm. The ministry said Hay Post Trust is owned by Post Finance Dutch investment company, which the ministry said is offering assistance to postal companies of developing countries.

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