YEREVAN. – The annual general meeting of the shareholders of Armenia’s ArmRusGazprom Company was convened on Sunday in capital city Yerevan.   

The participants approved the company’s 2012 report and balance sheet. 

They also discussed the matter of paying the dividends for the year past, but, considering the company’s financial losses—totaling 64.9 billion drams (approx. $155,746,372)—in 2012, they decided not to pay and distribute the dividends of the shares.   

In addition, the new board of directors of ArmRusGazprom was selected, the company press service informs.

Several other agenda issues likewise were examined during the general meeting.