What is "armenfilm"

Armenfilm (, also known as Hayfilm ) is an Armenian film studio in Yerevan. The film studio was founded on 16 April 1923 as a production unit of 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 studios' 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 studios' assets.