Bankruptcy proceedings were filed against Gagik Tsarukyan’s brandy factory

Bankruptcy proceedings were filed against Yerevan “Ararat brandy-wine-vodka combine” OJSC of PAP leader Gagik Tsarukyan.

According to Armdaily’s sources, the application was submitted by “Duff Alco Trans” LLC. The company’s lawyer, Harutyun Harutyunyan, confirmed our information, adding that the bankruptcy application has been accepted into proceedings and a temporary bankruptcy administrator has already been appointed. It is about AMD 120,000,000.

According to the lawyer, his client company has been providing cargo transportation services to “Ararat cognac-wine-vodka combine” OJSC for a long time and there has always been mutual understanding and good partnership relations between them. “Ararat cognac-wine-vodka combine” OJSC refused to pay the money after once again providing cargo transportation services, and since “Duff Alco Trans” LLC had also involved vehicles belonging to other companies in the cargo transportation process, “Duff Alco Trans” LLC, in its turn, was unable to pay them and faced serious financial problems.

According to the lawyer, according to the conviction of “Duff Alco Trans” LLC director Hayk Grigoryan, the owner of “Ararat cognac-wine-vodka combine” OJSC is not aware of this situation, otherwise he would not have allowed such a situation to develop.

Referring to the interview given by Sedrak Arustamyan to another media, as if this is all a slander, the lawyer stated that he believes that Arustamyan was given incomplete information about this issue, otherwise, he would have taken effective measures to resolve the issue, as there have always been warm partnership relations.