Samvel Balasanyan Moves His Business to Dubai: 'Fact'

According to the daily newspaper 'Fact', the confectionery factory 'Anusharan', operating in Gyumri, will cease its operations. The owners have decided to relocate this business to Dubai due to issues with the authorities.

It is noteworthy that the factory belongs to the family of Gyumri's mayor, Samvel Balasanyan. As a result, around 600 employees will be left unemployed. In addition, the closure of the factory will cause significant losses for local shops. According to our sources, the government of the United Arab Emirates has offered the Balasanyan company favorable conditions for four years.

The root cause of the current situation is essentially the authoritarian policies of the government. Our information indicates that the Balasanyans tried to send a message to Prime Minister Pashinyan, expressing their willingness to conduct a joint study if there were any shortcomings and to compensate for any damages that might exist during their operations, yet they have not achieved any results.

For more details, see today's issue of the newspaper.