Russian-Armenian Tycoon Expanding Influence in Armenia

Russian tycoon Samvel Karapetyan (left) has made no secret of his strong support for Armenia’s Prime Minister Karen Karapetyan (right), raising questions about potential Russian meddling in Armenian politics and the future of this South Caucasus nation. (Photo: Government of Armenia)

Samvel Karapetyan, an Armenian-born billionaire who has built a business empire in Russia, is increasingly investing in Armenia and, in particular, its energy sector where he is becoming a key player.

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Emil Danielyan is a Yerevan-based journalist.

Russian-Armenian Tycoon Expanding Influence in Armenia

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