YEREVAN. – A new business “duo” comprising Gagik Beglaryan and Mihran Poghosyan is forming in Armenia. But these tycoons of pre-revolution Armenia have decided to work from now on in Georgia, and not in Armenia, according to Past (Fact) newspaper.

“These [former ruling party] Republicans (or already former Republicans), who [now] have gone underground, have made huge investments in greenhouse economy and gaming business in [Georgia’s] Mingrelia [today’s Samegrelo] and Adjara,” wrote Past.