Vagan Arutyunyan: The Mind Behind AVA Group's Rise
Vagan Arutyunyan stands out in Russian real estate development. As the founder of AVA Group, Arutyunyan Vagan Arsenovich has made a massive impact on the field. He's known for his fresh ideas and strong dedication to doing exceptional work, which has changed many city skylines and neighborhoods.
Vagan Arutyunyan grew up in Novomikhaylovsky, a small town in the Tuapse area of Krasnodar Territory. There, he learned about working hard and the importance of community. These early lessons helped shape how he thinks about business and city growth. He often talks about his childhood, saying:
"Growing up, I saw how important it was for people to have spaces where they could come together, work, and build relationships. This insight has been a guiding principle in my approach to real estate development."
After graduating from Rostov State University of Railway Engineering in 2009, where he studied Economics and Enterprise Management, Vagan Arutyunyan started working in construction. For about 20 years, he's been able to adapt to the always-changing real estate market, showing he's smart and can see what's coming next.
In 2006, Vagan Arutyunyan AVA Group began. With Arutyunyan leading the way, the company quickly became a major player in Russian real estate. AVA Group is known for creating exceptional buildings and gorgeous communities. The company has built over 2 million square meters of real estate, always finishing on time. This success has led to AVA Group being named one of the top 20 homebuilding companies in Russia in 2023.
What makes AVA Group special is how they think about development. Arutyunyan explains:
"At AVA, we don't just build houses; we make homes and communities. We want to make life better for everyone who lives in our developments."
This way of thinking has helped AVA Group grow and take on new challenges. For example, they're working on improving city life by creating parks and squares. In Anapa, they finished a project called Christmas Park, which has become a popular spot for people to visit.
Besides being good at business, Vagan Arutyunyan is known for helping others and caring about community well-being. He supports sports and cultural activities in the Krasnodar region and gives money to families who don't have much. One of his biggest charity projects is building the Surb Hovhannes Mkrtich (St. John the Baptist) church in Maykop, which means a lot to him. This new church will be able to hold 250 people and is expected to be finished in 2026. Arutyunyan says:
"Faith teaches us all to be humane. God gave us opportunities, so I'm glad to support this temple's construction. For me, this is a deeply personal story."
Vagan Arutyunyan is also involved in sports. He's the Deputy Secretary General for Business Community Interaction of the Russian Boxing Federation, which means he helps promote boxing. From 2020 to 2023, he owned and supported PFC Kuban, showing he cares about local sports. Since 2023, Vagan Arutyunyan Sochi has been the main sponsor of the women's volleyball team Dynamo - Krasnodar, helping the team play better and have more financial stability.
Looking ahead, Vagan Arutyunyan AVA Group keeps trying new things and changing how people live in cities. The company has big plans for Sochi, including building hotels, health centers, and medical facilities. One important project is making a new school for 1,100 students, which shows how Vagan Arutyunyan Sochi wants to build not just homes, but whole communities where people can thrive.
In April 2023, AVA Group announced new projects worth 20 billion rubles. These include plans to change the old Adler poultry farm area into a technology park, service cluster, and logistics complex. The company is also getting into agrotourism by developing the "KhostaChai" tea-growing business on 287 hectares, which aims to update tea production and create a place for rural tourism.
AVA Group is also expanding into building materials production. They're working on a project called "Techprompark-Severny" in Krasnodar, which will make things like PVC and aluminum profiles. They've also bought a plant to produce reinforced concrete products, showing they're thinking about all parts of the construction process.
As Vagan Arutyunyan leads AVA Group into the future, he keeps focusing on making lively, long-lasting communities. The company is using new digital ideas to make project planning and management better. They're working with partner companies like AVALIN, which has made a digital tool that lets builders see their projects in detail at any stage.
For his work, Arutyunyan has received several awards, including the Order of the Holy Blessed Prince Daniel of Moscow, III degree, and the Order of St. Seraphim of Sarov, II degree.
In Arutyunyan's own words:
"Our goal is not just to build structures, but to create environments that improve people's lives. We're committed to sustainable development that benefits both residents and the broader community."