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A New Investment Milestone in Armenia: “Vardanants” Leads the Way!

May 20, 2025
<p><strong>A New Investment Milestone in Armenia: “Vardanants” Leads the Way!</strong></p>

“Arinterlev” CJSC (Vardanants Innovative Medical Center) has officially become the first healthcare company in Armenia to be listed on the Armenia Stock Exchange (AMX).

Below is the message from Mr. Levon Altunyan, CEO of Vardanants Innovative Medical Center, on this occasion:

Message from Mr. Levon Altunyan

We are pleased to announce the launch of free public trading of bonds issued by Vardanants Innovative Medical Center. I would like to extend my sincere gratitude to the team at Converse Bank, especially my long-time friend, Mr. Andranik Grigoryan, for their support and cooperation.

The organization of the bond issuance and sale process reminded me of a skillfully administered pediatric injection — the child has no time even to be frightened and simply watches the adults, trying “to catch” the moment to cry. We were still celebrating the launch when, on the 11th day, we received word that the sale had been suspended — the bonds had completely sold out!

Without false modesty, I can say that these 11 days reflect the results of over 22 years of dedicated work by the Vardanants team. This milestone was made possible thanks to our team's unwavering commitment, and the effectiveness of our management and quality control systems.

Today’s ringing of the bell at the stock exchange marks the expansion of Armenia’s bond market, introducing opportunities for investment in the new economic sector. With this, healthcare is now officially represented on the Armenia Stock Exchange, and I warmly congratulate Mr. Eghanyan on this achievement.

At Vardanants, we are determined to deepen our presence in the capital markets through effective governance, restrained pricing, policies on financial transparency and strict fiscal discipline.

This is essential to ensure we maintain our development — for the best of our patients!

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