Friday, July 15 2022 21:11

ArmInfo.The Day of the Miner and Metallurgist was celebrated on a grand scale at the Zangezur and Agarakskom copper-molybdenum plants. In connection with the professional day, on July 15 and 1July 6, festive events were held.  

Roman Khudoliy, President of the GeoPromining Group of Companies, General Director of the Zangezur Copper-Molybdenum Combine (ZCMC), made a speech at the  solemn ceremony in Kajaran. The Economic Journalists Club, whose  members were invited to the festive events, reports.

In his speech, Roman Khudoliy noted that GeoProMining (GPM) has been  operating in Armenia for 15 years. "Since 2007, we have been an  integral part of the economy of this wonderful country, together  building the country's mining industry. We are also proud that this  year the Group became the majority shareholder of the Armenian mining  giant Zangezur Copper-Molybdenum Combine (CMC). This plant is the  central link of the Armenian economy. We strive for continuous  development, therefore in 2022 we plan to increase production at ZCMC  by 25% compared to 2021. We also strive to create a conceptually new  mining sector with a longer value chain, a modernized and more  efficient sector that will bring more benefits to society and the  country."

As Vardan Janyan, First Deputy General Director of ZCMC, President of  the Union of Miners and Metallurgists of Armenia, stated at the  event, over the past almost 20 years, the mining industry at  different times provided 30-40% of Armenia's exports and 6-10% of  gross domestic product. "These are not just numbers, these numbers  reflect the importance of mining development for our country. We  cannot but admit that there are many problems to be solved in the  field that we must solve together with our partners. The mining  industry in Armenia must become a modern, competitive and responsibly  managed industry that will take other industries after it. I also see  this as one of the important tasks of the Union of Miners and  Metallurgists."

The companies of the GeoPromining Group have always been among the  ten largest taxpayers in the country. The ZCMC remains the first  taxpayer. In 2020, the company paid 42.9 billion drams in taxes, and  in 2021 - 48.8 billion drams. The company is also the largest  socially responsible business structure in Armenia. So, the volume of  social programs implemented by ZCMC in 2020-2021exceeded 15 billion  drams. Projects are being implemented in the areas of infrastructure  development, social assistance, cultural development, sports and  healthcare. The company has about 700 suppliers, of which about 500  are Armenian companies, which are part of the significant multiplier  effect created by the plant and positively affecting the country's  economy.

During the festive session, the award ceremony of veterans and the  best workers of the factory took place.  37 distinguished employees  of the two enterprises were awarded with medals, certificates of  honor and monetary rewards.

It should be noted that the Armenian enterprises of the GeoPromining  group of companies: ZCMC, Agarak Copper-Molybdenum Combine, Armenian  Molybdenum Production (AMP) and GeoProMiningGoldCompany employ a  total of 7,355 employees. According to the data for 2020-2021, 4,450  people work at ZCMC. According to the calculation of the coefficient  of indirect jobs, ZCMC indirectly provides about 15 thousand jobs.

As part of the events dedicated to the professional day, an  exhibition of exhibits from the Kapan Geological Museum and  photographs that present the history of the ZCMC was opened in the  Kajaran Palace of Culture. The festive day ended with concerts that  were held in Kajaran and Agarak with the sponsorship of the  Geopromining group of companies.