Announcement

Collapse
No announcement yet.

The Skating Ring Of Sport And Concert Complex First To Be Restored

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • The Skating Ring Of Sport And Concert Complex First To Be Restored

    THE SKATING-RINK OF SPORT AND CONCERT COMPLEX FIRST TO BE RESTORED
    By Ara Martirosian

    AZG Armenian Daily #163
    13/09/2005

    President of BAMO Promises Investments of $9-10 Million

    The new owner of Yerevan Sport and Concert Complex after Karen
    Demirtchian, president of Moscow-based construction group BAMO Murad
    Muradian met with journalists at the Armenpress media hall last
    week. He firstly represented the activities of the company in Russia,
    informing that BAMO is one of the most famous construction companies
    in Russia which employs 2500 people.

    Muradian said that the company has recently built 2 big sport
    complexes in Moscow region. The president of BAMO group applied to
    the President of Armenia offering $5 million to buy the Sport and
    Concert Complex. The final price of the deal was $5.7 million.

    Muradian said that he has set a commission of exports to study the
    Complex in three years' time and settle on the size of investments. He
    promised to inform about the process of reconstruction once in 3-6
    months. He also said another term of the agreement requires that the
    name of the complex be not changed.

    One of the first goals is to reconstruct the skating-rink to hold
    winter sports all-the-year-round. The company also looks to cultural
    arrangements.

    "Yerevan should become a city of festivals", Murad Muradian
    underscored.

    The company will invest $9-10 million under the deal. No restaurants
    or hotels will spring up in the territory of the Complex nor will
    the green areas reduce.

    One of the founders of BAMO group, Hovik Muradian, rebuffed the rumors
    that the wife of Moscow mayor is a shareholder of the company. Murad
    Muradian pointed out that the family of the Muradians is the all-out
    owner of BAMO group.

    From: Emil Lazarian | Ararat NewsPress
Working...
X