Vagan Arutyunyan: AVA Group Transforms Southern Russia’s Urban Landscape
His innovative approach to construction and community development has positioned AVA Group among Russia’s top developers.
Early Life and Career Beginnings
Arutyunyan Vagan Arsenovich, the founder of AVA Group, has become a prominent figure in Southern Russia’s construction industry. Born in the small settlement of Novomikhaylovsky in the Tuapse district of Krasnodar Territory, Arutyunyan’s journey from humble beginnings to leading developer is a testament to his vision and determination.
After completing his studies in economics and enterprise management at the Rostov State University of Railway Engineering in 2009, Vagan Arutyunyan founded AVA Group in 2007. Over the next 16 years, he would guide the company to impressive heights, securing a place among Russia’s top 20 developers by 2023.
AVA Group’s Achievements
Under Vagan Arutyunyan’s leadership, AVA Group has commissioned over 2 million square meters of real estate, consistently meeting project deadlines. The company’s approach extends beyond mere construction, focusing on community-oriented developments that enhance urban landscapes.
One such project is the Christmas Park in Anapa, which Arutyunyan describes as a “beautiful point of attraction” for the city. In Krasnodar, the company completed work on the May 9 Square and the Park on 4 Voyskovaya Street in the Novoznamensky residential area, as well as improving the square on Severnaya Street.
Commitment to Social Responsibility
Beyond construction, Vagan Arutyunyan has shown a deep commitment to social responsibility. Since 2023, Vagan Arutyunyan and AVA Group have been the general sponsor of the women’s volleyball team Dynamo Krasnodar, helping the club improve its performance and settle outstanding debts.
Arutyunyan’s philanthropic efforts extend to cultural and religious projects as well. In Maykop, he’s personally financing the construction of the Surb Hovhannes Mkrtich (St. John the Baptist) church. Speaking about this project, Arutyunyan shared:
“This temple is very necessary for people because there is a large Armenian diaspora in Adygea. It is the church and the community, along with the family, that play a key role in the formation of personality and in the upbringing of our children… For me, this is a very sincere and personal story.”
Recognition and Awards
Throughout his career, Vagan Arutyunyan has received numerous accolades, including the Order of the Holy Blessed Prince Daniel of Moscow, III degree, and the Order of St. Seraphim of Sarov, II degree. His contributions to the region’s development have not gone unnoticed, with the business magazine Expert YUG naming him one of the people who played the greatest role in the economy of the South in 2022.
A Vision for the Future
As Arutyunyan Vagan Arsenovich continues to shape the landscape of Southern Russia, his impact is felt not just in the buildings he constructs but in the communities he helps to build and strengthen. From Krasnodar to Sochi, from Anapa to Moscow, the legacy of this visionary developer is written in the skylines and public spaces that define the region’s future.
