Radar ARM LLC

Logo of Radar ARM LLC

Radar ARM LLC was registered in 2021 and owns the online media outlet radar.am. The company was founded by Serzh Varag Siseryan, Harutyun Azgaldyan, and Hayk Grigoryan. According to the State Register of Legal Entities of Armenia, the company's economic activity is classified as other activities in the field of information technologies and computer equipment.


Currently, Siseryan holds 75% of the company, making him the majority shareholder. Hayk Grigoryan and Harutyun Azgaldyan each hold 12.5%. The director of the company is Nzhdeh Hovsepyan, who has served in this position since 2022.


Two key figures at Radar ARM LLC have 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. Director Hovsepyan worked as press secretary to Deputy Prime Minister Avinyan from January to August 2021. Siseryan resigned from his government position and left the Civil Contract party in November 2020, citing disagreement with Prime Minister Nikol Pashinyan following the 2020 Nagorno-Karabakh war.


In 2022, Radar ARM LLC received authorization from the Television and Radio Commission of Armenia to operate as an audiovisual media service provider, permitting the company to broadcast through network operators. The outlet does not publish annual financial reports, and the company did not respond to MOM Team's information request.

Key Facts

Business FormCommercial / For-profit
Legal FormLimited Liability Company

Ownership

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 Outlets

Facts

Founding Year2021
Founder
  • Serzh Varag Siseryan

    Serzh Varag Siseryan is the founder and majority shareholder of Radar ARM LLC, holding 75% of the company. He 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 head of the office of Deputy Prime Minister Tigran Avinyan (currently Mayor of Yerevan) from June 1, 2018, to November 16, 2020. He resigned from this position and left the Civil Contract party following the 2020 Nagorno-Karabakh war, citing disagreement with a social media post by Prime Minister Nikol Pashinyan.

    Siseryan is the son of Ara Siseryan, who previously served as advisor to the Prime Minister of Lebanon.

ContactBryusov 28
Office space 23
Yerevan
Armenia
info@radararmenia.am
+374 41843841; +374 43000843
www.radar.am
Tax / ID NumberLLC 02843793 State Register of Legal Entities of the Ministry of Justice of the Republic of Armenia
RevenueMissing Data
Operating ProfitMissing Data
Advertising (in % of total funding)Missing Data
Other Influential 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 organisation 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 specialising 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 criticised media outlets, stating that the media in Armenia has turned into a big garbage dump.

Headlines
Data Publicly Available
ownership data is easily available from other sources, e. g. public registries etc.
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