5,000 sq. m land plot located in Jrvezh community returned to the possession of the “Reserve Park Complex” SNCO

October 26, 2026

The claim of the Prosecutor’s Office of Kotayk region was granted by the judgment of the Anti-Corruption Court, dated 21 August 2026.

The Prosecutor’s Office had demanded the termination of the lease agreement concluded between the “Reserve Park Complex” State Non-Commercial Organization of the Ministry of Nature Protection of the Republic of Armenia (currently the Ministry of Environment) and an LLC concerning a 5,000 sq. m land plot located in Jrvezh community, on the grounds of violation of the requirements stipulated by the agreement.

On the basis of the judgment that entered into legal force, the lease right was terminated through registration with the Cadastre Committee on 19 October 2026, and the land plot was returned to the possession of the “Reserve Park Complex” SNCO.

Pursuant to the judgment that entered into legal force, AMD 6,417,394, representing the total amount of the LLC’s outstanding obligation (rent), will also be confiscated in favor of the Republic of Armenia.