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.
