Co-founder of Galaxy Group of Companies and Chairman of the Board of Directors of Ucom, Gurgen Khachatryan, has released a statement today, which reads,

“Around this time a year ago, active attempts towards dismantling Ucom began. Illegal activities were aimed at creating an uncontrollable situation in our company by circles that are well-known to everybody, as a result of which they were hopping we would have to alienate the result of our 12 years of daily work, Ucom, and leave it to some dubious entities.

I remember exactly during those days, when my father was deprived of his right to…


As a responsible business, Galaxy Group of Companies has paid more than AMD 11.5 billion (USD 22 million) in taxes to the RA state budget in 2020.

Galaxy Group of Companies, which is one of the biggest taxpayers and employers in Armenia, representing 15 business unites, has published its 2021 socio-economic yearly impact report, summarizing the Group’s activities in 2020. The report includes information about the tax and loan portfolio, number of employees, salary fund, statistics about the impact on Armenia’s GDP and other such important data.

“2020 has undoubtedly been the most difficult year for all of us. It…


The biggest irony of the 21st century is that even with all kinds of automation, work is still full of extremely complicated procedures that get in the way of actual work and hinder development. Businesses of today still haven’t quite caught up with the recent advancements of technology, and although the tools and systems are in place to increase work efficiency, somehow we’re still stuck with the traditional, old-fashioned ways of doing things.

Business professionals around the world advocate for much simpler solutions and streamlining the workflow — all in the name of better effectiveness — yet at the same…


More. More money. More power. More control. Glamour, luxury, influence, attention — we want all of it and, importantly, more of it. It begs the question, is there well and truly anything that we do not want more of? Love? More. Happiness? More. Success? Yes sir, more of that please. A list so endless counting them down one by one wouldn’t add to the point any more sufficiently than it already has.

Wanting more — an inherent human flaw or a defining characteristic? Regardless of any stance, it certainly served as a key attribute in placing our kind on the…


Armenians are going through one of the toughest periods of our modern history — all of us still in great pain and mourning. However, we realize that regardless of the circumstances, our children must feel the festive mood of the New Year and holiday season.

Ahead of the New Year holidays, Galaxy Group of Companies along with World Vision Armenia international charity organization united their efforts around the idea of ​​kindness and care. Within the framework of the “Secret Santa” joint initiative, this year 300 children from Artsakh families, who took refuge in Armenia, received their gifts.


In these difficult days, our whole nation is going through one of the most tragic events in its recent history. We have suffered irreversible human, territorial, emotional and cultural losses. Many of the bright people we have known are now eternally gone, having sacrificed their lives for the salvation of our homeland. We are deeply saddened to announce that we have fallen servicemen among Galaxy Group’s community, who honorably gave their lives in line of duty for the greater good of their country. It is incredibly difficult to find words of consolation at this moment but we bow before them…


The international bestseller, 21 Lessons for the 21st Century, has been translated into Armenian. The book by the world-famous scientist is presented to the Armenian readership by Newmag Publishing House in partnership with Galaxy Group of Companies. In the summer of 2020, Harari’s Sapiens: A Brief History of Humankind book was released, which received a great reception from the Armenian readers and was sold out in all bookstores shortly after its release. In the second book, the author raises the issues of technological progress and value crisis. …


The 2019 tax portfolio of Galaxy Group of Companies was more than USD 31 million which has increased for about USD 4 million compared to the same indicator of 2018. Galaxy Group of Companies, one of the large taxpayers and employers of Armenia which unites about 3000 employees of 15 companies published the 2020 economic and social impact annual report that presents taxes and duties paid to the state by the group of companies, credit portfolio, wage-fund, impact indicator on the country’s GDP and other important information of 2019.

“Armenia is the center of our interests which is evidenced by…


Mediamax and Galaxy Group of Companies have launched a special project, “Moscow-80”, dedicated to the 40th anniversary of the 1980 Moscow Olympic Games. In the upcoming two weeks, the project will tell the stories of Armenian athletes who won medals at the USSR Olympic Games. Project can be accessed on Mediamax’s platform, following this link moscow80.mediamax.am.

“The 1980 Olympic Games have a special place in the memories of many people and one of the reasons is the performances of Armenian athletes and, especially, Yuri Vardanyan’s incredible records. It has been 40 years since the Moscow Games and we decided to…


Coronavirus and the subsuqent crises, acting like a swift one-two punch combo, closed all the possibilities of travel and adventure. Anyhow, neither stopped us from accomplishing new things and striving for bigger dreams, albeit in small steps. So without further ado, let’s summarize the top 5 (there were many but we try to remain modest as can be).

1. Having allocated additional funds by the founders of the group of companies, we overcame the first quarter of the coronacrisis without job cuts. …

Galaxy Group of Companies

Galaxy Group of Companies operates since 1999 uniting more than 3000 people. Represented in 3 countries with over 10 diverse fields of operations.

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