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String of measures may be implemented this year to get prepared for IPO in subsequent years

13.01.2011 17:32

String of measures may be implemented this year to get prepared for IPO in subsequent years

YEREVAN, January 13. / ARKA /. In an interview with ARKA, Nasdaq OMX Armenia stock exchange executive director Armen Melikian said a string of measures may be implemented this year to get prepared for IPO (initial public offering) in subsequent years.

"IPO - a very long process. Today there are companies willing to enter this market, but if someone starts now, the preparation will take, at best, eight months, " he said.

According Melikyan, people understand that the capital market has waken up, and many foreign investors having solved their problems abroad are willing to invest in other countries.

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