Project Inter-Invest was set up in 2002 and owns a number of production enterprises and is one of the largest producers of flour in Armenia and is also involved in the field of cargo and transportation. Tis company is owned by businessman Narek Nalbandyan. Nalbandyan has bought several properties, including the Lake Sevan ‘Hayrapet’ Hotel back in 2021 whilst last year he purchased the Tsiran supermarket chain active in Armenia which has almost 40 outlets under the Tsiran and ‘88’ brand names. Nalbandyan recently announced the hotel is up for sale.


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