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Georgian airlines offered to Armenian oligarch

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  • Georgian airlines offered to Armenian oligarch

    The Messenger, Georgia
    July 8 2011


    Georgian airlines offered to Armenian oligarch


    By Messenger Staff
    Friday, July 8
    Well known Armenian businessman and oligarch Mikheil Baghdasarov was
    offered the chance to buy Georgian airline Airzena. Baghsdasarov
    stated that such a move was unrealistic at this stage. He stated that
    the issue could be considered in time. Baghdasarov heads a holding
    'Mika limited' which works in different directions such as: a cement
    factory, Armenian airlines Armavia, and Importer Company Mika
    International.

    The Airzena press secretary confirmed that negotiations are underway
    but a final decision was still to be reached. Baghdasarov meanwhile
    denied allegations that he wants to move his capital to Georgia. On
    recent times there has been a tendency for Armenian companies to move
    their capital to Georgia. In 2010, 103 Armenian companies were
    registered in Georgia.



    From: Emil Lazarian | Ararat NewsPress
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