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Agarak Copper-Molybdenum Combine
CJSC
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With its production capacity Agarak Copper-molybdenum
combine is on the second place after Zangezour Copper-molybdenum combine
in Armenia. It was operated in 1963 and had great achievements.
Despite the fact that the combine had qualified personal with rich
experience in 1990s the link break off with the former republics
in the result of the collapse of the USSR caused serious problems
in the combine. The enterprise was working with long stoppage. Problems
rose concerning the marketing of the produce and the floating capital.
The hard social situation, non-payment of salaries for months and
the growing number of employees leaving their job made the government
to find a way out. A program on collaboration between |
Zangezour and Agarak Copper-molybdenum combines was worked out. The project
implementation started on May 1, 2000. With administrative and engineering
potential of Zangezour Copper-molybdenum combine the production capacity
of Agarak Copper-molybdenum combine was restored.
After the re-operation of the company the production
amounts are increasing year by year providing the natural course of
the production. The amount of the output has increased 2 times as compared
with 2000. In 2002 1873 t ore has been processed. Production of molybdenum
concentrate has reached up to 420 t and copper concentrate up to 3516
t. The output has made 2.4 milliard drams, which is 7 times more than
the indicator in 1998.
The combine involves 883 employees with average salary
of 40.000 drams. Today social situation in Agarak is regulated. Emigration
of employees from the combine has stopped.
The Agarak people are provided with permanent and high-paid job
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