radar.am

Logo of radar.am

Radar.am is an Armenian online news website that covers politics, society, international affairs, technology, and other topics. According to the About Us section, the outlet presents analyses from Armenian expert circles on current socio-political and economic developments. The website includes a Radar TV section featuring video-format content.


​​Radar.am is owned by Radar ARM LLC, founded by Serzh Varag Siseryan, who holds 75% of the company. Two key figures at the outlet have significant connections to Yerevan Mayor Tigran Avinyan. Founder Siseryan served as head of Avinyan's office during his tenure as Deputy Prime Minister from 2018 to 2020. Current director Nzhdeh Hovsepyan worked as press secretary to two deputy prime ministers, including Avinyan, from January to August 2021.


In 2022, Radar ARM LLC received authorization from the Television and Radio Commission of Armenia to operate as an audiovisual media service provider, permitting broadcast through network operators. The outlet does not publish financial reports or identify an editor-in-chief on its website.

Key Facts

Ownership TypePrivate
Geographic CoverageTransnational
Content TypeFree
Passive Transparency
upon request, ownership data is easily available from the company/channel

Ownership

Ownership Structure

Radar.am is owned by Radar ARM LLC, which has three shareholders: Serzh Varag Siseryan holds 75%, Hayk Grigoryan holds 12.5%, and Harutyun Azgaldyan holds 12.5%.

Voting RightsAccording to the company charter, the highest governing body is the general meeting of participants, which holds ultimate authority over all matters of company management and operations. Each participant holds votes at the general meeting proportional to their stake in the charter capital. Day-to-day operations are managed by the director, who is elected by the general meeting of participants for a two-year term. The director is authorized to conduct transactions on behalf of the company without additional approval provided the transaction amount does not exceed 25% of the company's net assets.
Individual Owner
Group / Individual Owner
  • Hayk Grigoryan

    No biographical information about Hayk Grigoryan is publicly available beyond his social media profile. According to his Facebook page, Grigoryan has served as an assistant to the Mayor of Yerevan and as Head of the Operations Department at Carolina International, though the timeframes for these positions are not specified.
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  • Harutyun Azgaldyan

    Harutyun Azgaldyan holds a 12.5% stake in Radar ARM LLC. Limited biographical information about him is publicly available. According to publicly available sources, in 2013 Azgaldyan participated in a Radio Liberty program as a member of the Republican Party youth organization. In 2018, hraparak.am identified him as an employee of the Department of Higher and Postgraduate Professional Education at the Ministry of Education and Science (renamed the Ministry of Education, Science, Culture and Sports in 2019 following government restructuring). According to a 2022 mission report published by the State Revenue Committee, Azgaldyan served as Head of the International Cooperation Department. The 2023 mission report lists his position as Deputy Head of the Customs Control Department. No additional biographical information is publicly available. Radar ARM LLC did not respond to MOM Team's information request seeking further details about the company's founders.
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Media Companies / Groups

Facts

Founding Year2021
Founder
  • Serzh Varag Siseryan

    Serzh Varag Siseryan holds 75% of shares in Radar ARM LLC, making him the majority shareholder and founder of the company, which operates the online media outlet radar.am. According to the company charter, this gives him the largest number of votes in management decisions.

    Siseryan was born on November 10, 1988, in Sèvres, France. He earned a bachelor's degree in Environmental Health from the American University of Beirut, a master's degree in International Relations from Yerevan State University in 2012, and a master's degree in Political Science and International Affairs from the American University of Armenia in 2017.

    From 2009 to 2017, Siseryan worked at Radio Sevan in Beirut as Deputy Director, Head of the Armenian Office, and news analyst. He served as a teaching assistant at the American University of Armenia from 2016 to 2018 and as a research analyst at the government's Centre for Strategic Initiatives Foundation from 2017 to 2018.

    From June 1, 2018, to November 16, 2020, Siseryan served as head of the office of Deputy Prime Minister Tigran Avinyan, who currently serves as Mayor of Yerevan. Upon submitting his resignation, Siseryan announced that he was leaving the Civil Contract party, the ruling political force in Armenia. He explained that his decision to resign and withdraw from the party was prompted by a Facebook post made by Prime Minister Nikol Pashinyan following the 2020 Nagorno-Karabakh war, in which the Prime Minister wrote that he was waiting in Yerevan for soldiers from the front line to finally settle the issue of those whining under the walls. Years later, reflecting on that moment, Siseryan said that the post stirred something in him and that he preferred to step away, though leaving the party did not mean a change in his political views.

    Siseryan is the son of Ara Siseryan, who previously served as advisor to the Prime Minister of Lebanon. According to a 2023 investigation by Civilnet, the family of Yerevan Mayor Tigran Avinyan purchased a 1,000-square-meter plot of land in Nork-Marash, Yerevan, from Ara Siseryan at a price ten times lower than the market value in 2022.

CEO
  • Njdeh Hovsepyan

    Nzhdeh Hovsepyan has served as director of Radar ARM LLC since 2022. He is a historian by profession and regularly provides media commentary as an analyst.

    From January to August 2021, Hovsepyan served as press secretary to Deputy Prime Minister Tigran Avinyan. In August 2021, he was appointed press secretary to Deputy Prime Minister Suren Papikyan and held this position until January 2022, when he was dismissed. In 2020, he briefly served as acting director of the Public Relations and Information Centre SNCO for 10 days.

     

Other Important People
  • Tigran Avinyan

    Tigran Avinyan has served as Mayor of Yerevan since 2023. Two key figures at Radar.am, founder Serzh Varag Siseryan and director Nzhdeh Hovsepyan, previously worked in his office during his tenure as Deputy Prime Minister from 2018 to 2021. Siseryan served as head of Avinyan's office from 2018 to 2020, while Hovsepyan worked as press secretary from January to August 2021.

    From 2019 to 2023, Avinyan chaired the Armenia National Interests Fund, an organization established to attract foreign investment. The fund was later dissolved, leaving behind failed projects and ongoing court cases. Prime Minister Nikol Pashinyan publicly described the ANIF experience as a failure and disgrace.

    Avinyan ran in the 2017 parliamentary elections on the Yelk (Way Out) Alliance list, which included Pashinyan's Civil Contract party. Although the alliance entered parliament, Avinyan did not obtain a mandate, as he was placed 32nd on the list. Before entering politics, he founded and managed Irigate, a company specializing in irrigation systems and landscape design. He also worked at the Armenian Development Bank from 2009 to 2013 as a senior business lending specialist.

    Several investigative reports have examined the property and business interests of Avinyan and his family. In 2025, Hetq reported on a villa under construction in Sevan belonging to Avinyan's father, Armen Avinyan. In 2024, CivilNet, in collaboration with the Organized Crime and Corruption Reporting Project, revealed that during Avinyan's tenure as Deputy Prime Minister overseeing agriculture, his family-owned company Irigate served as a contractor for nine beneficiaries of a state program supporting vineyard and orchard development.

    Avinyan has frequently criticized media outlets, stating that the media in Armenia has turned into a big garbage dump.

ContactBryusov 28
Office space 23
Yerevan
Armenia
info@radararmenia.am
+374 41843841 ; +374 43000843
https://radar.am/
RevenueMissing data
Operating ProfitMissing data
Advertising (in % of total funding)Missing data
Market ShareMissing data
Headlines
Meta Data

The About Us section of radar.am identifies the founding company and its shareholders but does not provide information about the editor-in-chief. The website does not publish annual financial reports. Radar ARM LLC did not respond to MOM Team's information request.

In 2022, Radar ARM LLC received authorization to operate as an audiovisual media service provider from the Television and Radio Commission of Armenia. According to the commission, this authorization permits the company to broadcast through network operators but does not constitute a broadcast license.

Sources
Documents (PDF)
  • Radar ARM profile (Armenian)
    Link File
  • Radar ARM Beneficial ownership declaration (Armenian)
    Link File
  • Radar ARM CEO (Armenian)
    Link File
  • Radar ARM charter (Armenian)
    Link File