Gortsarar Aliq

Gortsarar Aliq (Business Channel) positions itself as "the first and only private socio-political radio station" in Armenia. To distinguish itself from music-focused radio stations, it has adopted the slogan "No Time for Singing," emphasizing its dedication to socio-political and informational content rather than entertainment. The station broadcasts in various formats, offering news coverage, analysis, interviews, and discussions on current affairs.
The media outlet was founded in 2011 by journalist Koryun Khumaryan under the name "Lratvakan Radio" (News Radio). The station broadcasts in Armenia's capital, Yerevan, on FM 106.5. In addition to radio broadcasts, Gortsarar Aliq publishes its content in video format on its YouTube channel.
Until October 2023, the station operated as "Lratvakan Radio," focusing primarily on political topics. Following a rebranding to "Gortsarar Aliq," the editorial focus shifted toward economic and business themes. The original "Lratvakan Radio" YouTube channel and website (lratvakan.am) continue to operate, featuring political programs, while other content is published on the new "Gortsarar Aliq" YouTube channel. Both political and economic programs are broadcast on the FM 106.5 frequency.
The broadcasting license is held by Impulse LLC, which is 100% owned by Alla Abovyan, wife of the company and radio station founder Koryun Khumaryan. Since 2020, their younger son Davit Khumaryan has served as director of Impulse LLC. The radio station's chief editor is Lianna Khachatryan, wife of the Khumaryans' elder son, Garegin.
Key Facts
| Audience Share | Missing Data |
|---|---|
| Ownership Type | Private |
| Geographic Coverage | Local |
| Content Type | Free |
| Data Publicly Available | ownership data is easily available from other sources, e. g. public registries etc. |
Ownership
| Ownership Structure | The broadcasting license for the "Gortsarar aliq" radio program is held by "Impulse" LLC, of which Alla Abovyan, member of the Khumaryan’s family is the 100% owner. |
|---|---|
| Voting Rights | According to the charter of Impulse LLC, the company's supreme governing body is the General Meeting of Participants (or their authorized representatives), which holds final decision-making authority on all matters concerning the company's management and activities. Voting rights are allocated based on ownership shares: participants have voting power proportional to their stake in the company's charter capital. As of September 2025, Alla Abovyan is the sole participant of Impulse LLC, holding 100% ownership and therefore 100% of voting rights. The company's day-to-day operations are managed by the Director, who handles all operational matters except those reserved for the General Meeting of Participants. The Director position is currently held by Davit Khumaryan (since 2020). |
| Individual Owner |
Media Companies / Groups
Facts
| Founding Year | 2011 |
|---|---|
| Founder |
|
| CEO |
|
| Editor-In-Chief |
|
| Other Important People |
|
| Contact | G. Kochar 21 4th floor 0009 Yerevan Armenia impuls@impuls.am, marketing@lratvakan.am +374 (60) 44-12-73 ; +374 (11) 28-00-00 www.lratvakan.am |
| Revenue | Missing Data |
|---|---|
| Operating Profit | Missing Data |
| Advertising (in % of total funding) | Missing Data |
| Market Share | Missing Data |
| Headlines | ||
|---|---|---|
| Meta Data | The website lratvakan.am lacks an "About Us" section and provides no information about the media outlet's history or staff. Personnel data was obtained from open sources and director interviews. The MOM research team contacted management with an information request. Management answered questions but declined to provide financial statements, stating these had been broadcast on air and submitted to the Commission on Television and Radio. No revenue or expense information was provided. Ownership information and the charter of Impulse LLC are available from the State Register of Legal Entities of the Republic of Armenia. | |
| Sources |
| |
| Documents (PDF) |



