Radio Van

Logo of Radio Van

"Radio Van" was established in 1997 and has become one of Armenia's most recognized radio stations, offering diverse programming that includes musical, analytical, and informational content across multiple genres. The station gained notable recognition in 2020 when it received the "Best Radio Station of the Year" award at the "Best Armenian Brand"-2020 ceremony.


Beyond its FM-103.1 frequency, Radio Van operates the radiovan.fm website, extending its reach to audiences outside Yerevan. However, the station's digital presence reflects its primary linguistic focus: both the website interface and most content—including materials on its YouTube channel—are available exclusively in Russian. While Radio Van identifies itself as a Russian-language radio station, it does broadcast some programming in Armenian as well.

Key Facts

Audience ShareMissing Data
Ownership TypePrivate
Geographic CoverageLocal
Content TypeFree
Data Publicly Available
ownership data is easily available from other sources, e. g. public registries etc.

Ownership

Ownership Structure

"Radio Van's" ownership is distributed among four shareholders, with Gevorg Nalbandyan holding the largest stake at 49%. Davit Hovsepyan owns the second-largest share at 36%, followed by radio station director Shushanik Arevshatyan with a 10% stake. The remaining 5% belongs to Gohar Yeghiazaryan.

Voting RightsMissing Data
Individual Owner
Group / Individual Owner
  • Gohar Yegiazaryan

    Biographical information about Gohar Yeghiazaryan, who holds a 5% stake in "Radio Van" LLC, is not available from public sources.
    5

Media Companies / Groups

Facts

Founding Year1997

Press publications and the "Radio Van" website list the founding year as 1998, with Shushanik Arevshatyan presented as the founder-director. However, official records from the State Register of Legal Entities of the Ministry of Justice show that "Radio Van" LLC was actually established in 1997, creating a discrepancy between the company's public presentation and its legal registration date.

Founder
  • Tigran Gevorgyan

    Biographical information about the founders is not available from public sources. According to the State Register of Legal Entities of the Republic of Armenia, they also have no recorded involvement in other companies.

  • Ruzan Karapetyan

    Biographical information about the founders is not available from public sources. According to the State Register of Legal Entities of the Republic of Armenia, they also have no recorded involvement in other companies.

  • Yelizaveta Mkrtchyan

    Biographical information about the founders is not available from public sources. According to the State Register of Legal Entities of the Republic of Armenia, they also have no recorded involvement in other companies.

CEO
  • Shushanik Arevshatyan

    Shushanik Arevshatyan serves as director of "Radio Van" and holds a 10% ownership stake in the company, a position she has maintained since 1998. Born in 1963 in Odessa, she studied Russian Language and Literature at Yerevan State University before completing postgraduate studies at the Pushkin Institute of Russian Language in Moscow.

    Her career began in academia as a lecturer at Yerevan State Pedagogical Institute, later expanding into advertising and editorial work. Arevshatyan has also contributed to scholarly discourse through publications addressing linguistic and social issues, demonstrating her expertise beyond radio broadcasting.

ContactKhanjyan 13a
7th floor
0010 Yerevan
Armenia
radiovan@radiovan.am
+37410 56-09-01 (live broadcast), +37410 54-00-02 (for advertising), +37410 54-00-01 (other questions)
www.radiovan.fm
RevenueMissing Data
Operating ProfitMissing Data
Advertising (in % of total funding)Missing Data
Market ShareMissing Data
Headlines
Meta Data

The founding year of the radio station and information about its founders show discrepancies between press reports and the State Register of Legal Entities of Armenia.

Biographical information about most shareholders is almost entirely absent from public sources, with only basic facts available through the State Register of Legal Entities.

The company does not disclose information about employee numbers, audience metrics, market share, or financial performance. No financial reports are publicly available.

According to the February 4, 2025 beneficial owners declaration, Shushanik Arevshatyan and Gohar Yeghiazaryan are listed as beneficial owners, though the declaration does not specify their exact ownership percentages.

The MOM Team submitted information requests to the radio station, but the company did not respond to the inquiry.

Sources
Documents (PDF)
  • Radio Van: founding information (Armenian)
    Link File
  • Radio Van: Ownership (Armenian)
    Link File
  • Davit Hovsepyan at "Mad Monkeyz" LLC(Armenian)
    Link File
  • Radio Van Beneficial ownership declaration (Armenian)
    Link File