YEREVAN. – Yevgeny Bibin has been dismissed from the post of director general of the Electric Networks of Armenia.

Karen Harutyunyan has been appointed to this post on Friday, spokesperson for the company told Armenian News-NEWS.am.

Bibin has been in office since 2011.

On September 30 Tashir Group, which belongs to Moscow-based Armenian businessman Samvel Karapetyan, acquired 100 % of shares of the Electric Networks of Armenia.

As reported earlier, on a parity basis with the Government of Armenia, Tashir Group will cover a part of the electricity costs of the country’s general public and small businesses for the whole of 2015, compensating the difference between the tariffs before and after indexation on August 1.