Over a dozen diplomats accredited in Armenia and approximately 50 representatives from the business community took part in one of the most significant events in Armenia’s business community – the annual business breakfast. The gathering aimed to foster discussions on business and culture, exploring potential collaborations. This event, organized for the third consecutive year, was a joint effort of Galaxy Group of Companies and the European Business Association, with active support and participation from European embassies accredited in Armenia.
For far too long, Azerbaijan has been spoiled by the international community, particularly Western countries, blinded by Baku’s vast oil and gas supplies. After its ejection from PACE, Azerbaijan should now be expelled from the Council of Europe.
Ralph Yirikian, Director General of Ucom, shared practical business management skills and successful case studies with students at the School of Ethics. Professionals from various age groups and occupation had the opportunity to attend the lecture, focusing on the utilization of effective business tools. Participants included lawyers, human resource management specialists, doctors, and other professionals who engaged in this hands-on session.
Pres. Ilham Aliyev, the dictator of Baku, gave a 2.5-hour-long press conference to Azeri journalists on January 10, 2024, during which he spewed not only his usual lies, but also made threats to Armenia’s very existence. Here are the highlights of Aliyev’s extremely arrogant and alarming words, emboldened by his military victories in the 2020 and 2023 Artsakh wars.
Ucom continues its projects of care and kindness, extending support to individuals and groups in need. This time, the endeavors were consolidated through the established collaboration between Galaxy Group of Companies and Armenian Red Cross Society. Within this framework, the companies and employees of Galaxy along with substantial financial backing from the founders collectively contributed 100 tons of aid, providing primary food packages to 5,000 families from Artsakh.
Converse Bank has been awarded with the “Best Trade Finance Provider in Armenia” for 2024 award by the prestigious Global Finance magazine.
Converse Bank announces on the completion of Euroterm CJSC corporate bonds allocation ahead of schedule. From 28.11.2023 to 12.01.2024, Converse Bank allocated bonds with total volume of AMD 500 million with a coupon rate of 12.5% and a maturity of 36 months.
Cooperation between Ucom and Arevordi NGOcontinues in the communities of Armenia. A 10.3 kW solar power plant has been installed on the kindergarten’s roof. Thanks to the electricity generated, the building will be heated during the colder months, ensuring a warm environment for the children. The solar plant installation became a reality through the collaboration between Ucom company and SunChild NGO.
In 2023, “ZCMC” CJSC and “ZCMC” Charitable Fund have invested more than 5 billion AMD in the field of social support. Investments were directed to a number of strategic directions, including:
Ralph Yirikian, Director General of Ucom, met with the governors of two regions: Vayots Dzor Governor Kolya Mikaelyan, whom he congratulated on his appointment, and Tavush Governor Hayk Ghalumyan. During the discussion with the governors, he thanked them for their support in providing aid and noted that the sectoral support will continue in those regions.
