ARMENIAN-ARGENTINEAN ENTREPRENEUR EURNEKIAN MAY BUY ARMAVIA – PAPER

PanARMENIAN.Net
September 27, 2012 – 14:59 AMT

PanARMENIAN.Net – According to Haykakan Zhamanak daily, the owner
of Armavia Mikhail Baghdasarov confirmed the information on the air
company’s sale.

“For 3 years, everyone’s been reporting the oncoming sale of the
company, now we’re the ones to announce the sale,” he told the daily.

At the same time, Armavia didn’t deny reports of a visit of Italian
entrepreneurs, as well as those of a sale of 100% of company shares.

“In 2008, Zvartnots airport owner Eduardo Eurnekian purchased Volare
Italian firm. Could the visiting Italian businessmen be representing
Volare, which in turn would mean Eurnekian will become Armavia’s buyer?

Armavia spokesman refused to provide the information on the issue
above,” the daily said.

From: A. Papazian