Armenfilm (Armenia)

Armenfilm(Russian:Арменфильм, also known asHayfilmArmenian:Հայֆիլմ) is an Armenianfilm studio inYerevan. The tudio was founded on 16 April 1923 as aproduction unitof the Soviet State Cinema Organisation, with Daniel Dznuni as the first director.Armenfilm was sold by the state to private investors in 2005 with a long list of conditions of revitalizing the studio's equipment and producing new content. It was rebranded CS Film Studios but failed to produce the required new feature films. In 2015, the Government of the Republic of Armenia decided that the new management had failed to satisfy the conditions of the sale and moved to reclaim the studio's assets.

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