06/04/2013 11:12
Zhamanak: Baghdasarov tries to sell Mika Cement
“Zhamanak” daily writes that the owner of the Armavia airline Mikhail Baghdasarov left for Moscow yesterday. According to the daily’s sources, Baghdasarov is trying to mortgage his property in Russia and receive credits from Russian banks to repay wage arrears for six months to the airline employees and a debt of $5.5 million to Zvartnots Airport. They say that Baghdasarov has failed to receive credits and he intends to sell his Mika Cement Plant.