The paper says that the chain, which is the biggest in the country, operates 50 filling stations, of which more than half are located in capital Yerevan.
Citing its sources, the paper claims that the transaction will cost the Russian company 5-8 million US Dollars in return for not only the petrol-filling stations but also the wholesale units of CPS. The same sources reportedly claim that the Rosneft trademark will apply to all the CPS filling stations after the transaction.
The paper notes that Rosneft’s business has been going bad recently, with its impact on the ongoing negotiations not being absolutely clear as yet.
It further refers to earlier reports about the company’s negotiations with Mika Cement, the Hrazdan-based cement plant which is on the edge of bankruptcy. The paper concluded that the sides have not apparently managed to reach an agreement.
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