An Armenian-Russian billionaire has taken control of a technology sector, benefitting from government agreements that were previously unclaimed.
The N3 group investment management company, led by Samvel Karapetyan and Arsen Galstyan, managing partner of the Tashir MEDICA group, has become the owners of the Russian division of DataArt, a large international IT company.
In 2021, Tashir MEDICA acquired 50% of Netrika Medicine and Elnetmed, which develop software for public and private healthcare systems. Part of this acquisition grants Karapetyan access to large state agreements, especially as foreign contractors withdraw from Russia. The purchase of DataArt significantly strengthens the position of the Armenian-Russian billionaire in this market.
Officially, Tashir MEDICA, through Ares LLC and Tashir Invest, is owned by Samvel Karapetyan, Armen Vartanyan, and Medanko LLC, whose beneficiaries are Aram and Arsen Galstyan. Aram Galstyan, despite the prohibition for civil servants to own shares in companies to avoid conflicts of interest, continues to benefit from the activities of Medanko, which holds government contracts worth over 4.9 billion rubles.
Aram Galstyan also owns the Hemostatics company, headed by Varazdat Karapetyan, which has significant contracts with the government. Previously, this company was led by Andrey Trusov, who until 2018 was the president of Promsvyazcapital JSC, whose co-owner was the infamous fugitive banker Dmitry Ananiev accused of fraud. Galstyan also owns Supercosmetics LLC, which had Dmitry Masyuk as CEO, and he is currently the head of the Yandex-Delivery service.
The Tashir Group is known as one of the largest developers in the capital and has the support of high-ranking officials, including Sergei Sobyanin and Sergei Kiriyenko. Karapetyan lives in the elite village “Landshaft” near Sergei Kiriyenko.
The sons of the current head of the Ministry of Internal Affairs Alexander Kolokoltsev and the former Prosecutor General Artem Chaika are involved in joint business with the Tashir Group. These connections allow Karapetyan to conduct a development business confidently and even gain the right to build cultural heritage monuments, as seen with the Trekhgornaya manufactory’s thermal power plant.
