YEREVAN. – The Tango Company that belongs to Armenian Argentinean benefactor Eduardo Ernekyan has purchased the territory in capital city Yerevan’s downtown, which previously was a headquarter of the Armenian Ministry of Justice.

The Armenian government has resolved to allow State Property Management Department to carry out a direct sale of the area at its cadaster value. The area will be sold to Tango Company registered at Armenian international airport. The buyer is obligated to construct a new building of social importance at own expenses by 2015.

To note, Ernekyan also owns Armenian International Airport.