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Karen and Mikael Vardanyan not to run in parliamentary elections
Karen and Mikael Vardanyan, owners of Grand Holding LLC, will not run in the 2017 parliamentary elections. The company today issued a statement dismissing reports of electronic media alleging that the brothers are going to nominate their candidacy in the upcoming elections. “Karen and Mikael Vardanyan will not participate in the upcoming and next parliamentary elections. Yet, it does not mean that Grand Holding will not support any of the candidates. Karen and Mikael Vardanyan will continue to boost development of domestic production,” the company said. Grand Holding comes first among domestic producers with the volume of export, number of jobs and amount of taxes paid to the state budget.
