Zhamanak: Rio trade and entertainment center being built in Yerevan
Rio trade and entertainment center, a Moscow brand, is being constructed at the crossroads of Yerevan’s Hrachya Kochar and Papazyan streets and Saralanj Avenue, Zhamanak reports.
“The new brand will appear in Armenia thanks to Tashir company in the person of Samvel Karapetyan who invested about $40 million. According to our information, the area for the hypermarket was allocated by Minister of Transport and Communication Gagik Beglaryan who has ties of relationship with Samvel Karapetyan,” the newspaper says.