#COMBINE
Downtime at Zangezur combine will affect country's economic indicators - Armenian Economy Minister
The ongoing downtime at Zangezur Copper and Molybdenum Combine (ZCMC), Armenia's industrial leader, and the largest taxpayer will considerably affect the country's economic indicators, Minister of Economy Gevorg Papoyan said on Thursday.What is happening to Zangezur Copper and Molybdenum Combine's shareholders: ARKA news agency looks into the situation
The Zangezur Copper and Molybdenum Combine (ZCMC) released a statement to the press on Thursday about the changes that have taken place in the composition of its shareholders.Mining industry's risks are manageable by government, companies and all stakeholders – Vardan Janyan
Speaking at a press conference on Monday, the Head of the Union of Miners and Metallurgists and First Deputy CEO of Zangezur Copper and Molybdenum Combine Vardan Janyan pointed out that billions of dollars have been invested in the mining and metallurgical industry of Armenia, in building of economic infrastructures and training of personnel.Ten main theses on state of Armenia's mining industry, voiced by head of Union of Miners and Metallurgists
The focus of a press conference called on Monday by Vardan Janyan, the Head of the Union of Miners and Metallurgists and First Deputy CEO of Zangezur Copper and Molybdenum Combine was on the situation in Armenia's mining industry reviewed from the point of view of environmental risk management in order to stave off speculations of Azerbaijani "environmentalists".Azerbaijan uses all means of hybrid warfare to cause damage to Armenian mining industry
Vardan Janyan, the chairman of the Union of Armenian Miners and Metallurgists and First Deputy CEO of Zangezur Copper and Molybdenum Combine, told a press conference on Monday that the main purpose of important changes taking place in Armenia's mining and metallurgical industry is to switch from production of metal concentrates to output of products of advanced processing.Armenia's overall growth remains robust- Pashinyan
The overall growth remains robust, Armenian Prime Minister Nikol Pashinyan told a press conference today, specifying that in the first 4 months of 2023, tax authorities collected as much taxes as they would collect annually between 2000-2010 and approximately as much as in 2021.GeoProMining's ZCMC has tripled tax payments to the state budget of Armenia
According to the results of the three quarters of 2022, the Zangezur Copper-Molybdenum Combine, which is part of the GeoProMining group of companies, retained its leadership among the taxpayers of the Republic of Armenia.Armenia's 1000 largest corporate taxpayers pay over one trillion drams in various taxes in first 9 months 2022- SRC
Armenia's 1000 largest corporate taxpayers paid about one trillion 83 billion drams in various taxes in the first nine months of 2022, the State Revenue Committee (SRC) said today.Another 6.875% of shares of Zangezur Combine handed over to government of Armenia
Under an Armenian government’s decision adopted today, some 188,947 shares of the Zangezur Copper and Molybdenum Combine CJSC (6.875% of the total number of shares) will be handed over to the government, which will hand them over to the trust management of the Armenian National Interest Fund (ANIF).Armenian assets of GeoProMining Group of Companies significantly increase payments to state budget․
According to the results of the first half of 2022, tax payments to the state budget of the Republic of Armenia by the Zangezur Copper-Molybdenum Combine (ZCMC) CJSC, which is part of the international Group of Companies GeoProMining, amounted to 104.7 billion drams.ZCMC continues to work exclusively within the framework of Armenian legislation
In response to the publication in the newspaper “Past” (Fact) dated July 21 of this year, entitled “Is GeoProMining blackmailing the Armenian government?,” the Zangezur Copper-Molybdenum Combine (ZCMC) CJSC considers it necessary to make the following statement:GeoProMining Armenian assets are in the list of ten largest taxpayers
In the first quarter of 2022, the Zangezur Copper-Molybdenum Combine (ZCMC), managed by the GeoProMining Group of Companies, increased tax entries to the state budget of Armenia, as compared to the same period of last year, by 3.6 times, up to 35.5 billion drams.Armenian government hands its 15% equity in Zangezur combine over to trust management of ANIF
The Armenian government has approved today a decision on handing over its 15% equity in the Zangezur Copper and Molybdenum Combine to the trust management of the Armenian National Interest Fund (ANIF).Armenian PM, GeoProMining representative discuss investments in mining industry, construction of new nuclear power plant
Armenia’s Prime Minister Nikol Pashinyan received today Roman Trotsenko, a member of the Board of Directors of Russian GeoProMining Company, whose subsidiary called Industrial Company, acquired earlier this week 60 percent of the Zangezur Copper-Molybdenum Combine (ZCMC), Armenia’s largest mining enterprise and immediately ‘donated’ 25% of shares to the Armenian government.Armenian government nationalizes 25% of Zangezur cooper and molybdenum combine
The government of Armenia said it has agreed to accept as a gift 25% of shares (412,250.75 ordinary shares worth 20 thousand drams each) of the Zangezur Copper-Molybdenum Combine. The decision is published on the government website.News 1 - 20 of 23
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