Armavia owner’s business running to seed - paperOctober 2, 2012 - 17:48 AMT PanARMENIAN.Net - According to Zhoghovurd daily, the owner of Armavia Mikhail Baghdasarov who’s recently expressed intention to sell the air company has found himself in a tight spot. Baghdasarov-owned Mikacement company, put up on sale since March, hasn’t yet found a buyer, and the business is running to seed. “This time, the President himself refused to support Baghdasarov, seeing as the latter failed in all of his undertakings, including the crude import. Clearly, the President has been cutting Mikacement some slack in overseeing the company’s non-payment of utility bills. Though Armavia continues to deny the unfavorable reports, if before, Baghdasarov had President Sargsyan to fall back on, at present, the Armenian leader wouldn’t hear any of his explanations,” the paper said. Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. Partner news | Putin congratulates Pashinyan’s birthday Russian President Vladimir Putin congratulated Armenian Prime Minister Nikol Pashinyan on his birthday on June 1. Ruling MPs, Foreign Minister talk Armenia-Azerbaijan processes MOs from the ruling Civil Contract party met with the Foreign Minister Ararat Mirzoyan in the Armenian parliament. Russia: Armenia’s frozen membership weakens CSTO position in Caucasus A Russian envoy said any step that could alienate the CSTO member states from each other is “deeply wrong”. International cybercrime ringleaders arrested in Armenia, Ukraine Europol, Europe's crime agency, has arrested four ringleaders of several cybercrime networks that used botnets. |