Newsfeed

New Internet-Banking Tariffs to be Put into Action at "Areximbank - Gazprombank Group" since June 1

David Harutyunyan on Energy Rate Increase: Ordinary Customers Should not Take the Consequences of Failed Management and Thefts

Ukrainian scenario seems in store for Armenia, Azerbaijan, Kyrgyzstan and Macedonia, Paul Craig Roberts says

View from Moscow: By Taking Reprisals on Civil Society Baku Tests the West

D-Link names Beeline most customer-oriented company

Criminal case instituted over explosion at ex-parliamentarians' gas-filling station

Large POPs pesticide burial site in Nubarashen and residual obsolete pesticide stores in 24 locations to be eliminated

Brother and son of ex-parliamentarian Hakob Hakobyan injured in explosion at gas-filling station

"Against Robbery" public interest group calls on citizens of Armenia to join protests against rising energy costs on May 27

Several members of "Centennial Without Regime" Movement detained overnight

Armenia's National Security Council exposes "talented" Azerbaijani spies that tried to gather information through "odnoklassniki" social media

Turkey Ambassador says some Armenian circles in Russia and outside it impeding Russian-Turkish relations

Mammadyarov: Russia "keen to move Karabakh talks from the dead center"

VivaCell: Alcatel One Touch POP C7 smartphone for AMD 1

In Japan Edward Sharmazanov Spoke about the Armenian Cultural Heritage being Destroyed in Azerbaijan, Turkey and by Islamic State

VTB Bank (Armenia) finances project on construction of Good Time entertainment center for children

The Second Government Premises to be put in Commission in November 2015

Young "Dashnaktsakans" Protesting Against the Expected Energy Rate Increase

Myths and Reality about Mining

Stepanavan Airport will be Ready for Operation by the End of 2015

Matenadaran to Digitize Ancient Manuscripts and Documents with Beeline Support

Zhirayr Sefilyan: Founding Parliament to rally on May 30

Sergey Lavrov: Karabakh conflict settlement among Russia's foreign political priorities

Anti-corruption measures in education fail to give tangible results

European Conservatives & Reformists Group to hold its next enlarged meeting in Armenia

VivaCell-MTS reports 2.1 million subscribers for Q1 2015 - 60% of total market

Minister: Inspections at ex-PAP leader's enterprises are still going on

Citizens of Armenia, Belarus and Kazakhstan have the right to receive insurance benefits along with Russians

Baku: Azerbaijan expects EU to ensure implementation of UN Security Council resolutions

Alliance Party comes out with public statement on crimes committed by Electric Networks of Armenia

EOC President: Presence of Armenia at inaugural European Games in Baku demonstrates how sport can give a lead to politicians

Elmar Mammadyarov: Azerbaijan will settle Nagorno Karabakh conflict in any case

Edward Nalbandian on Riga Summit: Armenia's Expectations Delivered

Aliyev: Azerbaijan Aspires to Resolve the Armenian-Azerbaijani Conflict over Nagorno-Karabakh in Accordance with International Law

Armed forces of Azerbaijan fired over 3,500 shots at Karabakh positions on May 17-23

Azeraijan's vetoing the Riga Summit declaration was a senseless and shortsighted step, Martin Schulz says

Russia and Azerbaijan to Discuss Settlement of Nagorno-Karabakh Conflict

Edward Nalbandian: Azerbaijan again Left Isolated in Respect of Support to the Mediation Efforts by the Co- Chairs of the Minsk Group

Armenian National Congress calls on the citizens to join the campaign against rising energy costs on May 27

Armenia's simultaneous cooperation with NATO and CSTO creates no problems, a German official says

Orange Foundation continues community development projects in Syunik region

"Rusastanyan 20" and "Rusastanyan 35" Beeline services available for postpaid subscribers

American Congressman: Menace of Terrorism and Radical Islam might Unite Armenians and Azerbaijani

Diplomatic source: Final declaration of Riga summit should be a consensus document that would refer to the views of Armenia and Belarus

"No to Robbery" to hold a motor rally on May 23

Belgian prime minister says Armenian Genocide did happen and no one in Belgium thinks differently about it

VTB Bank (Armenia) offers "Super-rate" offer - conscientious borrowers regain 10% of the loan interest paid

"Eastern Partnership" Declaration Unanimously Adopted with only UN Countries Endorsing the Wording on "Annexation of Crimea"

Latvian FM says Armenia and Azerbaijan can claim visa liberalization with EU, if they meet all the necessary requirements

European Commissioner: Cross-border cooperation between Armenia and Azerbaijan to open up new opportunities for Karabakh conflict settlement

Karen Demirchyan Sports and Concerts Complex put up to auction again

  • by Arthur Yernjakyan

  • Wednesday, July 2, 20:16

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).

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields
Most commented