Perhaps They Did Not Care That Much About HETC: Romanos Petrosyan

Romanos Petrosyan, the interim manager of HETC, has posted on his social media page and advised Narek Karapetyan, the chairman of the board of directors of HETC and representative of the 70% shareholder, to prohibit the former acting general director D. Ghazinyan from participating in press conferences, briefings, and interviews related to HETC as a gesture of goodwill.

“The latter has repeatedly attempted to present distorted and biased “information” to the public and the media with his barefaced, unfounded, and manipulative claims. Perhaps in doing so, he is trying to justify his effective “inactivity” in his previous positions at HETC for almost two decades and trying to cover his superficial knowledge and mediocre qualifications in the fields of energy and management, particularly regarding simple managerial capabilities related to HETC.

However, this way, the former official is not only providing “bear service” to his former employers, but also directly generating reputational risks for the owners of the Tashir group of companies, as numerous questions arise within our society about how such large-scale businessmen have entrusted this person with such influential positions in such a crucial strategic company as HETC, even up to the status of the acting general director.

In fact, maybe they did not care that much about HETC… And one important recommendation to Narek Karapetyan: I suggest asking and trying to clarify from that subject why he has avoided signing the Execution Acts of HETC’s 2025 Investment Program during his time as the acting general director. This, presented by contractor companies directly connected with the owners and upper management of the Tashir group, indicates whether even the acting general director, who enjoys the trust of the “Tashir” owners, did not trust the companies that are actually part of the Tashir group during his tenure and was not ready to implement funding from HETC for their completed work.

I already have an answer to this question, but I would very much like that the owners of “HETC” LLC would also receive comprehensive answers from their “trustees,” based on my institutional commitment to the legitimate interests of the owners… I would also add that, as the interim manager of “HETC” LLC, my invitation for a working meeting with the chairman of the company’s board of directors remains in effect. We have numerous questions related to HETC to discuss, which I assure you are very important for him as the legal representative of the owners and leader of one of the management bodies of the company.

Among these questions is the need to reveal the reasons and responsible parties for the approximately 1 billion AMD in lost additional profit opportunities annually for nearly a decade since the acquisition of HETC with existing resources. I am sure that none of the higher-ranking executives or the recent acting general director has reported any of this to the owners of HETC, and they “may” not be aware of such “dark” episodes and many financial-economic operations that directly or indirectly contradict the state and public interests of Armenia, as well as the legitimate interests of the owners.

Note: Today marks two months since my activity as the interim manager of HETC. Soon we will speak on the most important facts, processes, numerous revelations related to HETC in a press conference format and provide substantiated, verified, and proven assessments... HETC must serve our people,” the post states.