Samvel Karapetyan to come to Yerevan to take over ENA

Russian Armenian billionaire Samvel Karapetyan will arrive in Yerevan on April 1 to take over the Electric Networks of Armenia, Haykakan Zhamanak reports, citing well-informed sources.

On Karapetyan’s instruction, a final audit is being conducted in the company. In Yerevan, he must solve several personnel issues.

The newspaper reminds readers that Samvel Karapetyan is the new owner of ENA, which has debts of about $100 million, adding that no one knows how much the deal will cost.