ArmInfo. Governor of the Syunik region of Armenia Robert Ghukasyan met with President of the GeoProMining (GPM) group of companies Roman Khudoli and other representatives of the company.
The meeting was introductory; Roman Khudoli congratulated Robert Ghukasyan on his appointment as governor of Syunik. As the press service of the Group told ArmInfo, the parties noted the important role of two enterprises of the Group operating in the region - Zangezur Copper-Molybdenum Combine (ZCMC) CJSC and Agarak Copper-Molybdenum Combine (ACMC) CJSC - in the life of the region. A wide range of issues related to the deepening of cooperation between the Group's enterprises and local authorities, partnerships in the field of further implementation of social investments and development programs were discussed. An agreement was reached on the preparation in the near future of new projects aimed at the development of social programs in the region, especially from the Zangezur plant, a controlling stake in which was acquired by the Group in September last year. The President of the GPM Group presented his ideas and programs that the company envisages in various areas of the region's life in the short and long term.
The Governor of Syunik thanked the head of the Group for the meeting and spoke about his vision of the development of the region and the principles of joint work for the benefit of the development of the socio-economic, educational and cultural life of Syunik.
It should be reminded that GeoProMining Group of Companies, one of the largest industrial investors in Armenia, has been operating in the country for 15 years. The Armenian assets of the group consist of the Sotk Gold Mine, the Ararat Gold Mining Plant and the Agarak Copper-Molybdenum Combine. Over 15 years of operation, the group has invested more than 400 million US dollars in the modernization of its Armenian enterprises. The amount of the Group's social investments in the development of the regions where it operates exceeds USD 10 million.
In September, Industrial Company managed by GPM Group, acquired a 60% stake in the flagship of the mining industry in Armenia, the Zangezur Copper-Molybdenum Combine, transferring a 25% stake from its share to the Armenian government.
