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Pope Francis leaves Armenia ending his pastoral visit

Pope Francis and Catholicos of All Armenians visit Khor Virap Monastery at the foot of Ararat and launch doves of peace

Aliyev says Azerbaijani armed forces seized part of Karabakh districts during April aggression

Serzh Sargsyan: Pope Francis' calls for peace and tolerance are a powerful signal for peaceful settlement of regional problems

Serzh Sargsyan: I am sure we will find the best possible option of settlement for Nagorno-Karabakh people

President of Armenia calls on Armenians worldwide to unite to settle the three fundamental issues of the Armenian people

Karekin II and Pope Francis sign Common Declaration: "We express our hope for a peaceful resolution of the issues surrounding Nagorno-Karabakh"

Armenian President: We are grateful to Pope Francis for visiting Armenia and showing warm attitude to Armenian people

Vatican reacts to Turkey’s criticism: “Pope has never been on a Crusade, he tries to build peace rather than to wage war”

Pope Francis: “May the Armenian Church walk in peace and may the communion between us be complete.”

Karekin II: The processes of secularism are intensifying, spiritual and ethical values and views are distorted, and the family structure, established by God, is being shaken

Pontifical Divine Liturgy underway in the Mother See of Holy Etchmiadzin at the St. Trdat Open Air Altar

Ilham Aliyev: Nagorno-Karabakh will never get independence

Karekin II: More practical steps must be taken by Christian churches on the road to searching for peace

Pope to Armenian people: Your sufferings are our own

Pope Francis participates in ecumenical meeting with Patriarch of Armenian Apostolic Church, Karekin II, in Yerevan

Police make statement over recent detentions in Yerevan

Police confirm reports on detention of activist Shant Haroutiunyan's son

Detentions continue in Yerevan

Pope Francis sends telegram to Turkish president

Pope Francis visits Church visits Armenian Apostolic Cathedral of the Seven Wounds and the Holy Martyrs Armenian Catholic Cathedral in Gyumri.

Fr. Federico Lombardi, S.J. says Pope Francis speaks about past tragedies not to inflame wounds, but to help create grounds for reconciliation

Federico Lombardi says Pope Francis enjoyed magnificent view of Biblical Mount Ararat

Pope Francis visits Our Lady of Armenia Catholic Educational Center in Gyumri, Armenia

Pope Francis expresses his gratitude to religious and civil authorities of Armenia

Pope Francis talks to the faithful

Pope Francis delivers a homily in Gyumri

Venice Commission experts make remarks about new proposals on Electoral Code of Armenia

Arsen Khojoyan, who was taken captive in Azerbaijan, kills a 17-year-old girl in Armenia

Pope Francis holding his first Mass in Gyumri, Armenia

OSCE MG urges Azerbaijan and Armenia to remove all remaining obstacles to expanding OSCE CiO Personal Representative's mission

Pope Francis and Catholicos of All Armenians arrive in Gyumri

Pope Francis visits Tsitsernakaberd Memorial dedicated to Armenian Genocide victims

Monument to Grigor Narekatsi to be erected in Vatican, Director of Holy See Press Office Federico Lombardi says

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

President Serzh Sargsyan and His Holiness Pope Francis had private meeting

Pope quotes Charents: Our turquoise sky, our clear waters, the flood of light, the summer sun and the proud winter borealis... our age-old stones ... our ancient etched books which have become a prayer

Charge pressed against commander of serviceman driven to suicide

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

Zurabishvili: Ankara has always supported Tbilisi's aspirations including integration into NATO

Naira Zohrabyan: It is necessary to suppress Turkish fascism

Nino Burjanadze: It is absolutely unfavorable for Georgia to join NATO now

Situation around Nagorno-Karabakh is rather vulnerable, Ambassador Piotr Switalski says

Pope Francis arrives in Armenia

Central Valley Congressmen urge US to follow Pontiff's lead in reaffirming Armenian Genocide

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

Vice Speaker of Armenian Parliament says Moscow reacted very strongly to Baku's attempt to distort situation around Karabakh

Senior advisor on Iran at the U.S. State Department says Armenia contributed to Iran's recent nuclear deal with the West

Regional

Karen Demirchyan Sports and Concerts Complex put up to auction again

  • by Arthur Yernjakyan

  • Thursday, July 3, 01:16

On July 2, the Karen Demirchyan Sports and Concerts Complex was put up to auction again, the Judicial Acts Compulsory Enforcement Service (JACES) reports. This is already the fourth auction. The previous three ones had no customers.    

Now the starting price of the lot is 14 bln 106 mln 150 thsd AMD. Applications can be submitted till July 14. The previous starting prices were 15,673,500,000 AMD; 17,415,000,000 AMD, and 19,350,000,000 AMD. 

Earlier the Judicial Acts Compulsory Enforcement Service of Armenia (JACES) reported that in accordance with the order of enforcement submitted to JACES by the fist instance court of Kentron and Nork-Marash administrative districts, over 10.207 billion AMD was to be collected from the Karen Demirchyan Sports and Concerts Complex in favor of the Republic of Armenia. The debtor's property appraisal was examined on 15 April 2014.  

In the meantime, on May 21 the PR Department of the Sports and Concerts Complex disseminated a statement saying that the e-auctions launched by JACES were "illegal". The company disagreed with the market price (25.8 billion AMD) estimated by Best Realty LLC registered in the offshore zone in Panama. 

To note, the total area of the Complex (built in 1983) is 46335.7 sq.m., exclusive of the subsidiary facilities.  In 1985 the building of the Complex was damaged by a fire and opened only after renovation in late 1987.  The building was renovated by BAMO construction company (Russia).

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