Sport and leisure park

Shah-Arevik LLC, a family-owned tourism company from Ashtarak in the Aragatsotn region, was founded more than 10 years ago. The enterprise is active in the leisure and recreation business.

The company’s tourist attraction, the Arevik recreation resort, is located in a picturesque 1.5 hectare area on the banks of the Kasakh River in a valley near the town of Ashtarak. For many years now, the location has been popular with Armenians and foreign tourists alike for its outstanding natural beauty as well as for the good services. Accordingly, during the peak season, the Arevik resort is visited by more than 1,000 people per day.

Shah-Arevik LLC has been continuously expanding and improving its recreation facilities over the past few years. The recent improvements to the business financed with an EIB sub-loan are particularly noteworthy: the construction of a large swimming pool complex as well as the renovation of about a dozen summer houses and cottages with picnic areas in 2017. Thanks to these investments, the business has succeeded in achieving high quality standards, which has increased demand for Arevik’s services. The improved recreational opportunities enable the company to offer more comprehensive services to its customers. In addition, Shah-Arevik LLC benefits from further advantages, such as:

  • a wider range of services and improved service quality
  • an increased number of customers
  • increased competitiveness and strategic objectives
  • improved safety of personnel and customers
  • enhanced status; improved public opinion of the company
  • increased environmental and sustainability commitment.

International Cooperation and DevelopmentDelegation of the EU to ArmeniaIPC

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