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OSCE CiO Frank-Walter Steinmeier is expected to travel to South Caucasus

President Serzh Sargsyan and His Holiness Pope Francis had private meeting

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Souvenir sheet and mini-sheet with four stamps dedicated to visit of Pope Francis to Armenia put into circulation

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Naira Zohrabyan: It is necessary to suppress Turkish fascism

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Pope Francis arrives in Armenia

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Electricity price in Armenia to be reduced by 2.58 drams on Aug 1 2016

Eduard Sharmazanov sees generally positive tendency in Karabakh peace process

France-based committee for political prisoners in Armenia addresses Pope Francis over Zhirayr Sefilyan's detention

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Nino Burjanadze sees no prerequisites for Saakashvili to return to power in Georgia

Armenian oppositionist MPs from Armenian National Congress Party visit Zhirayr Sefilyan at penitentiary

Russian Foreign Ministry against Azerbaijan's interpretations of results of St. Petersburg meeting

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Nikol Pashinyan lodges a parliamentary request to Special Investigative Service and Police over Samvel Alexanyan case

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Heritage Party recruits volunteers as members of electoral commissions and observers

PACE adopts resolution condemning situation with functioning of democratic institutions in Turkey

As many as 383 cars to be sold via auction

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Czech President Milos Zeman recommends that lawmakers discuss resolution denouncing Armenian genocide in Ottoman Turkey

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Pope Francis and President Serzh Sargsyan to make a joint statement in Yerevan

Pope Francis makes message ahead of his landmark visit to Armenia on June 24

Zhirayr Sefilyan arrested for two months

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SCR CJSC urges to verify information and avoid unfounded allegations

Investigative Committee: Zhirayr Sefilyan faces charges under Article 235.2 of Armenian Criminal Code

Expert: Russia as a mediator succeeded in Nagorno-Karabakh conflict

Human rights activist: Sefilyan case is an act of political persecution

Some Beeline ADSL subscribers to have different Internet payment numbers

Chatham House: A full-blown renewal of the Nagorno-Karabakh conflict would jeopardize Russia's position in Azerbaijan and Turkey

David Babayan: Measures to create confidence-building mechanisms and atmosphere promoting peace talks launched

Russian Embassy in Armenia provided with radio frequency

Former US co-chair of OSCE Minsk Group thinks St. Petersburg meeting appears to have moved Karabakh conflict parties to safer and more stable situation

Expert: Meeting in St. Petersburg has brought Karabakh conflict to a new stage of "freezing"

Ivan Volynkin: Armenia's EEU membership has brought big dividends to country

Mother See of Holy Etchmiadzin confirms: Aram Ateshian not to arrive in Armenia

Azerbaijani Foreign Ministry representative blames Armenian foreign minister for "non-constructive and contradictory" statements

Zurabishvili: Reactivation of Abkhazian railway impossible any time soon

Azerbaijani armed forces use machine-guns on Line of Contact

Jean-Francois Charpentier: Rumors about difficulties in obtaining visas in French embassy do not correspond to the facts

Regional

Electronic auction for the sale of property of Yerevan Sport and Concert Complex has not taken place

  • by Arthur Yernjakyan

  • Thursday, May 29, 23:20

The electronic auction for the sale of the property of the Yerevan Sport and Concert Complex has not taken place because no bids have been made, Spokesperson of the Judicial Acts Compulsory Enforcement Service Rima Yeganyan told ArmInfo on Thursday.

"The auction was open for all but no bids were made. So, the lot will be put up for resale within the next three days, with the starting price will be 10% lower than the initial one," Yeganyan said.

The initial price was 19.350bln AMD or $46.8mln.

Yerevan Sport and Concert Complex owes the Government as much as 10.2bln AMD. The market value of the complex is 25.8bln AMD. The complex was built in 1983 and covers an area of 46,335 sq m.

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