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Social projects in Jermuk

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  • Social projects in Jermuk

    Ribbon cutting ceremony of Art Center, and the kindergarten
    `Zatik' renovated by Geoteam took place in Jermuk on Nov 11th.

    RA Deputy Prime Minister, Minister of Territorial Administration Armen
    Gevorgyan, Governor of Vayots Dzor region Edgar Ghazaryan and Mayor of
    Jermuk Vardan Hovhannisyan attended the ribbon cutting ceremony.

    The mayor of Jermuk and Managing Director of Geoteam Mr. Hayk Aloyan
    cut the ribbon of the renovated centers.

    This year Geoteam has expanded the social projects being implemented
    since 2007, and along with the social projects in the Amulsar
    Project's affected communities of Gorayk, Gndevaz and Saravan, Geoteam
    has implemented social projects in Jermuk community as well.

    In particular, 52 million AMD has been allocated for renovation of the
    Art Center. The company has provided 45 million drams for renovating
    the kindergarten `Zatik'. And 1,2 million AMD has been allocated for
    the construction of outdoors sports ground. 24 million AMD have been
    allocated by Geoteam to Jermuk Development Fund and 15 million AMD for
    other improvement projects.

    The Managing Director of Geoteam, Hayk Aloyan emphasized that Geoteam,
    as a subsidiary of an international company- Lydian International is
    carrying out Amulsar project in line with the industry's best practice
    not only in terms of the environmental but social management as well.

    `The well-being and sustainable development of the surrounding
    communities is not only part of our Corporate Social Responsibility,
    but a firm belief. We are certain that a prosperous community is the
    best partner. Amulsar project hasn't yet started the construction and
    production. So we are sure that as the project develops the
    social-economic impact of the project on the communities will grow
    rapidly'.

    ================================================== ========
    Copyright © 2013 Geoteam CJSC, All rights reserved.

    Our mailing address is:
    Hanrapetutyan 37, 4 floor,
    Yerevan, Armenia

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