Armenian Parliament Makes Initial Moves to Nationalize Electric Networks of Armenia

Armenia’s National Assembly has passed a bill in its first reading to nationalize the Electric Networks of Armenia (ENA), Orda.kz reports, citing The Insider.
Tashir Group owns the company.
Sixty-five lawmakers voted in favor, while 30 opposed the measure, according to Baghramyan 26.
The vote follows escalating political pressure from Prime Minister Nikol Pashinyan, who warned via Facebook that ENA employees “engaged in political intrigues” would be dismissed. He also vowed legal consequences for anyone forcing staff to attend protests and promised to reinstate workers fired for refusing to participate.
The remarks come ahead of a reported July 4 rally in support of Samvel Karapetyan, owner of the Tashir Group and ENA. Karapetyan’s nephew, Narek Karapetyan, called on supporters to gather in central Yerevan, urging:
“Let’s put everything aside for a few hours and show that our people will not tolerate injustice.”
Meanwhile, News.am reported that Armenian law enforcement began searches on July 2 at Tashir Group’s main office in Yerevan.
Russian-Armenian billionaire Samvel Karapetyan — ranked 44th on Russia’s Forbes list — was arrested in Yerevan on June 18.
Authorities charged him with publicly calling for the seizure of power after he voiced support for the Armenian Apostolic Church, which has clashed with Pashinyan’s administration.
The prime minister later announced plans to nationalize ENA.
According to Tashir’s website, ENA joined the group in 2015 and is responsible for electricity distribution and sales throughout Armenia.
Latest news
- Schoolgirl Gives Birth: Yenbekshi Villagers Share Details
- Zhumangarin Comments on Tax Reform, Fuel Price Freeze, and Utility Tariffs
- U.S. Chamber of Commerce Calls for Full Repeal of Caesar Syria Act
- Kazakhstan: Bill Proposing Fines for Reposting Prohibited Content on Social Media Passes First Reading
- Majilis Approves Kazakhstan’s 2026–2028 Budget
- U.S. Seeks Partnership with Kazakhstan to Develop Tungsten Deposits
- YouTube Blocks Lukpan Akhmedyarov’s Channel for Second Time This Year
- Trump Says Decision on Meeting With Putin 'Still Undecided'
- Former Shymkent Maslikhat Deputy Placed on Wanted List Again in Shymkent
- Gas Deliveries from Karachaganak to Orenburg Plant Resume After Drone Attack
- Kazakhstan Raises $1.5 Billion Through Eurobond Issue Amid Rising National Debt Concerns
- National Bank Head Says Inflation Driven by Excess Money in Economy
- Schoolgirl Gives Birth: Prosecutors and MIA Launch Investigation, 71-year-old Man Main Suspect
- Resident of North Kazakhstan Village Finds Possible Mammoth Tooth
- Turkmenistan: Pregnant Woman Dies After Roads Closed for President’s Visit
- Kairat Earn Their First Champions League Point: How the Almaty Club Held Off Pafos
- Court Rejects Legal Media Center’s Lawsuit Against Astana Akimat Over Access to Information
- LGBT Activist Aziyat Agishev Released After Being Held in Enlistment Office
- White House: No Immediate Plans for Trump–Putin Meeting
- LGBT Activist Reportedly Forcibly Taken to Military Office in Almaty