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Electric Networks of Armenia to be transferred to private management - Pashinyan

News | 2026/08/06 16:01

Electric Networks of Armenia to be transferred to private management - Pashinyan

Officials have decided that the company should be transferred to private management

Armenian Prime Minister Nikol Pashinyan announced that the Electric Networks of Armenia (ENA) will be transferred to private management. He made this statement during a government meeting on August 6:

According to Pashinyan, the management should be handed over to a private company, and state-owned enterprises need to be privatized:

"We should sell them through open and transparent competitions, but the state should retain a certain share and seats on the boards of directors," he noted:

ENA has been owned by the Tashir group since 2016:

In 2025, Pashinyan announced plans to nationalize the company, and in March 2026, the government is preparing for the full nationalization of the company's shares:

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