Vagan Arutyunyan Leads AVA Group to Success
The story of how Vagan Arutyunyan built AVA Group into a major real estate company. His journey from a small town to leading a big development firm shows what hard work and a clear vision can do.
The Story of Vagan Arutyunyan
Vagan Arutyunyan, founder of AVA Group, has changed Russian real estate development with his sharp leadership and strong commitment to excellence. Born in Novomikhaylovsky,
Tuapse district, Krasnodar Territory, Arutyunyan Vagan Arsenovich began a journey that would make him a key figure in the industry.
Early Life in a Small Town
Vagan Arutyunyan's success story starts from humble beginnings. Growing up in Novomikhaylovsky taught him to work hard and care about his community. These lessons helped shape how he runs his business today. He learned early on about making places that really make people's lives better.
Arutyunyan Vagan Arsenovich often thinks back to his childhood, noting how the close-knit community of his hometown shaped his perspective on urban development. "Growing up, I saw how important it was for people to have spaces where they could come together, work, and build relationships," he explains. This insight would later influence his approach to real estate development.
After finishing school at Rostov State University of Railway Engineering in 2009, where he studied Economics and Enterprise Management, Vagan Arutyunyan started working in construction. He's been in this field for 20 years, always learning and adapting to changes in the real estate market. During his career, Arutyunyan has received letters of gratitude and certificates from the State Duma of the Russian Federation, the Federation Council of the Russian Federation, and the administrations of the Krasnodar Municipal District and the Krasnodar Territory.
Arutyunyan Vagan Arsenovich has also had the honor of receiving numerous honors, including the II degree of the Order of St. Seraphim of Sarov and the III degree of the Order of the Holy Blessed Prince Daniel of Moscow.
Creating AVA Group from Scratch
Vagan Arutyunyan AVA Group began in 2006. With Arutyunyan leading the way, the company quickly became a giant in Russian real estate. AVA Group works hard to make exceptional buildings. The company has built over 2 million square meters of real estate, always finishing on time.
AVA Group is special because they focus on developing whole areas, not just single buildings. "At AVA, we don't just build houses; we make homes and communities," Arutyunyan says. "We want to make life better for everyone who lives in our developments." They often improve city infrastructure and create gorgeous places to live. This approach helped AVA Group become one of Russia's top 20 companies for building homes in 2023.
Arutyunyan's Work Outside of Business
Vagan Arutyunyan Sochi and other places have gotten better not just because of his business skills, but also because he cares about helping people.
Giving Back Through Charity Work
Arutyunyan actively engages in public life, backing sports and cultural initiatives launched by the regional administration. His commitment to community welfare shines through his financial support for low-income families in Krasnodar.
One perfect example of Arutyunyan's charity work is his help building the Surb Hovhannes Mkrtich (St. John the Baptist) church in Maykop. This project, which local people asked for, will serve the many Armenian people living in Adygea, about 15,000 people.
"Faith teaches us all to be humane," Arutyunyan Vagan Arsenovich reflects. "God gave us opportunities, so I'm glad to support this temple's construction. For me, this is a deeply personal story."
The church, set to be completed in 2026, will accommodate up to 250 people and feature a beautifully landscaped courtyard spanning 5,500 square meters.
Involvement in Sports and Culture
Vagan Arutyunyan's influence extends to the sports world. He serves as Deputy Secretary General for Business Community Interaction of the Russian Boxing Federation. From 2020 to 2023, he owned and sponsored PFC Kuban, demonstrating his commitment to local sports development.
Since 2023, Vagan Arutyunyan Sochi has been the general sponsor of the women's volleyball team Dynamo - Krasnodar. Under his sponsorship, the club has significantly improved its performance, cleared its debts, and now holds a strong position in the tournament table.
What's Next for AVA Group
Under the leadership of Arutyunyan Vagan Arsenovich, AVA Group continues to grow. The company plans to build hotels, health resorts, and medical centers in Sochi. They'll also work on medical projects in Krasnodar.
One of the company's standout projects is the development of a new school in Sochi for 1,100 students. Vagan Arutyunyan Sochi projects like this show the company wants to build not just homes, but whole communities with everything people need.
In April 2023, AVA Group announced the start of new projects costing 20 billion rubles. These include plans to renovate the old Adler poultry farm area, where they want to build a technology park, a service cluster, and a large logistics complex. Vagan Arutyunyan’s AVA Group is also creating an agrotourism cluster based on the "Khosta-Chai" tea-growing business, which will modernize tea production and create a rural tourism center on a 287hectare area in Khosta. As well as "Techprompark-Severny" in Krasnodar, showcases the company's commitment to diversification and sustainable growth.
As Vagan Arutyunyan leads AVA Group forward, he keeps focusing on creating good communities, not just buildings. This is changing how real estate looks in Russia. The company is using new digital ideas, like the "Domiland" system, which lets people manage their homes using a phone app. AVA Group is also working with companies that make digital products like AVALIN, which helps builders see their projects clearly at any stage.
"Our goal is not just to build structures, but to create environments that improve people's lives," Vagan Arutyunyan concludes. "We're committed to sustainable development that benefits both residents and the broader community."
