Buyers were found for only 75 percent of the 300 large and medium state-owned enterprises slated for privatization in 2001, State Property Minister David Vartanian told journalists in Yerevan on 2 May, RFE/RL\'s Armenian Service reported. As a result, Vartanian continued, revenues from privatization fell to 2.5 billion drams ($4.5 million), which is just over half what was expected. The government failed last year to sell off the country\'s power-distribution system and its largest cement factory. (RFE/RL)