Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Ucom Supports Free FPV Drone Training for Teenagers by the ArmDrone Community AraratBank’s Special Offer at Leasing Expo Attracts Strong Customer Interest Flexible Terms when Transferring your Mortgage Loan to AraratBankThe Defense Team of the “Sacred Struggle” Releases Evidence Exposing a Fabricated Terrorism Case Unibank Awarded Client Protection Certification by MFR The Power of One Dram April Beneficiary: Davitbek Games NGOUcom and Impact Hub Yerevan Announce the Third Year of Green Innovation FellowshipUnibank Launches Referral Campaign “Invite Friends and Get Bonuses"Team Holding: The second phase of the placement of USD-denominated bonds has been completed. Underwriter - Freedom Broker Armenia. “A friend” needs money urgently. IDBank warns that trust can be exploited on social media.Denationalizing the ‘Map’ (Reflections on the ‘Real Armenia Ideology’)AraratBank at Leasing EXPO 2026: Special Leasing Offer for Energy-Efficient EquipmentUcom Offers Virtual Cloud Server (VPS) ServiceIDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME SectorUp to 25% idcoin When Buying Airline Tickets with IDBank Premium CardsAcba bank and the U.S.-based Interactive Brokers have signed an agreementIDBank and Idram Alongside the “Matemik” NGOIDBank Participates in Regional Conference of the Union of Banks of ArmeniaConverse Bank Receives STP Excellence Award Once AgainUnibank to participate in Leasing Expo 2026 with a special offer
All Timeline »
Economics

Memorandum of Cooperation between Zangezur Copper-Molybdenum Combine and Kapan Municipality was Signed

On April 6, a memorandum of cooperation was signed for the first time between the Kapan Municipality and "Zangezur Copper-Molybdenum Combine" CJSC (ZCMC). The document is a 5-year commitment, where the action plan is outlined according to the years. The parties will cooperate in economic, social, urban development, educational, cultural, sports and other fields.
 
The Memorandum was signed by Roman Khudoli, General Director of "ZCMC" CJSC, and Gevorg Parsyan, Head of Kapan community. Roman Khudoli, General Director of "ZCMC" CJSC, and Gevorg Parsyan, Mayor of Kapan, emphasized the importance of the document, considering it the beginning of a higher level of cooperation between the community and the company on the socio-economic development of the community.
After the signing ceremony of the Memorandum, Roman Khudoli, General Director of ZCMC, stated:
 
"The signing of the Memorandum is a manifestation of the right relationship between business and the community. We do not do charity, but we work together, each of us doing our part. We are commited to having positive social footprint in the communities where we operate. Until now, we have always supported the socio-economic development of the community. Our support will only increase, while becoming more coordinated."
 
Kapan community leader Gevorg Parsyan expressed confidence that this reality will be recorded in the history of cooperation.
 
"I hope that with this we will lay the foundation for a higher level of cooperation. We highly appreciate the level of corporate social responsibility of ZCMC and the manifestation of goodwill of the company in that framework."
 
The first Deputy Director of the company Vardan Jhanyan, Deputy Director Artur Nikoghosyan, Director of Sustainability Armen Stepanyan were also present at the event.