Business interests of Armenia’s next PM: Everything registered in names of family members - Hetq.am
Support A1+!Like Hovik Abrahamyan, the man he’ll replace, Karapetyan’s business interests in Armenia are registered in the name of his family members, Hetq.am reports. Tigran, Karen Karapetyan’s son, serves as his “official business representative”. By way of a short bio, Karapetyan served as mayor of the Armenian capital from Dec. 2010- Sept. 2011. Before becoming mayor, Karapetyan was chief executive of the Armenian-Russian joint venture ArmRosGazprom. So what business does Karapetyan own in Armenia, albeit indirectly. Tigran Karapetyan owns a 50% stake in a women’s’ lingerie store in Yerevan called Women’s Secret. The other 50% is owned by Dalma Garden Mall director Edgar Khachatryan. The Karapetyan family is also partnered with Samvel Karapetyan, a businessman based in Russia who owns the Tashir Group. Tigran Karapetyan owns 1% in Dalma Invest Ltd. The other 99% is owned by Holt Holding and Finance, a company registered in the British Virgin Islands. For more details, visit here
