FAMOUS BUSINESSMAN SAYS EVERY MOVEMENT HAS ITS END
Vahagn Hovnanyan, the famous businessman, told the reporters during a press conference that world financial crisis has had no negative impact on his Armenian business. Those products offered to the customers in real estate are demanded and sold, the only problems is that people today are afraid of buying something. Hovnanyan’s business suffered after the famous March 3 decision of the Central Bank, their revenues reduced by 23-24%.
The businessman says that it’s already 50 years he suns business and it is the 10th time he overcomes the same situation. He says that this one is the most dangerous and difficult but every movement has its end.