New building of Yerevan Circus, constructed by Tashir Group of  Companies, may be confiscated by state

ArmInfo.  The new Yerevan Circus building  may be confiscated by  the state.

According to  information posted on the judicial website dalatex.am,  Chairman of the RA State Property Management Committee Arnak  Avetisyan has filed a lawsuit to return  the circus building and land  plots to the Republic of Armenia. The lawsuit was filed on July 7 and  will be considered by Judge Sargis Yeritsyan.  The Committee will  also seek reimbursement of all legal costs totaling 200,000 drams  from the current owner of the circus building.

The Yerevan Circus was closed about 15 years ago. Tashir Company  decided to construct a new, more modern circus building instead of  the old one. Construction  began in 2011 after an agreement was  signed between the municipality and the Tashir Group of Companies.  Since then,  investments have exceeded $30 million.