Ensuring business stability and continuity, international investment attraction, unprecedented public expectations and the social burden are key problems for the business community in post-war Armenia. In this context Galaxy Group of Companies and European Business Association Armenia organized a meeting of business breakfast format to discuss how the professional community could unite efforts to provide comprehensive solutions to the nowadays problems. Attendees included about forty heads of business community, representatives of international organizations, and heads of diplomatic missions accredited in Armenia, among others.

The members of the European Business Association welcomed the newly appointed Ambassador Extraordinary and Plenipotentiary of Italy…

Arsen Mnatsakanyan is the Chief Executive Officer at “Timeless” LLC. It represents TI’ME stores which make part of “Galaxy” Group of Companies. The business was founded from the ground up by the founders of “Galaxy”, with only three employees. Prior to “Galaxy”, Arsen Mnatsakanyan worked at “Gazprom Armenia”. He studied and graduated from the Faculty of Economics of Yerevan State University. In 2006, he received a PhD in Finance from the Armenian State University of Economics. In 2016–2018, Arsen Mnatsakanyan continued his education at the University of Sheffield, England, receiving an Executive MBA in Business Administration and Management.

Banks.am talked…

Teryan 5 is a real estate development encompassing a 75-meter-tall 22-story building. The building is first of its kind in Armenia to offer luxury apartments for sale, as well as a full room service for the residences, optionally provided by the hotel.

Located on the crossroad of Teryan and Pushkin streets it is designed by UK leading architects from Broadway Malyan. For over 60 years, they have built a strong reputation across numerous sectors including residential, education, workplace, retail, mixed use, hospitality and others. …

Galaxy Group of Companies and Ayb Educational Foundation launched joint projects directed to advancement of youth, business and entrepreneurship education, start-up and idea management.

Parties signed a memorandum of cooperation for joint activities.

“Galaxy Group of Companies continues to expand cooperation with the field of education prioritising promotion of innovation environment and culture through education. We are ready to invest the best practice and intellectual capital accumulated in the course of business in the field of education. …

A healthy lifestyle and team spirit are the best manifestation of unity, and team sports are one of the best examples of corporate citizenship. Guided by the principle of promoting a healthy lifestyle of the community, Galaxy Group of Companies organised a futsal tournament — Galaxy Champions League 2021 and 8 teams of the companies that are part of Group participated in it. Games, which lasted for about one month were between 80 competitors of Megafood, TI’ME, Yerevan Mall, Kinopark, Santafe, Ucom-1, Ucom-2 teams, and UCOM-1 team was recognised the winner of 2021.

“I would like to congratulate Ucom-1 team…

Galaxy group of companies and Bari mama Non-governmental Organization will join their efforts to implement programs aimed at supporting children with disabilities or the ones from vulnerable social groups and their families. On 1st of June, on the occasion of the Child Protection Day, the parties signed memorandum of cooperation and implemented the first joint social responsibility program for 50 beneficiary children.

“Especially now, especially in such difficult times families of vulnerable social groups need care and children need special attention and it is our duty to be with them through direct participation. Bari mama is the responsible unit cooperation…

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…