Armenia`s Union of Employers urges ZCMC employees to engage in  constructive negotiations

ArmInfo. The Republican Union of Employers of Armenia (RUEA) is concerned about the illegal actions taken by a group of employees of Zangezur Copper and Molybdenum Combine CJSC (ZCMC), which have resulted in the disruption of  normal operations at the largest company in the country and the number one taxpayer.

The Union's statement emphasizes that this initiative does not come  from the interests of the employees. Iff the strike is declared  illegal, according to the relevant article of the Labor Code, the  employees involved in the strike will be held jointly and severally  liable for the damage caused to the employer.  In this regard, the  Republican Union of Agricultural Workers urges all protesters to  return to their normal work, engage in constructive negotiations,  find compromises and not interfere with the activities of their  employer company. If negotiations do not lead to an agreement, they  may legally initiate a strike. 

It should be noted that for the third year in a row, the Zangezur  Copper and Molybdenum Combine has topped the list of 1000 large  taxpayers of Armenia. In 2024, the enterprise contributed  approximately 102 billion drams to the state treasury, showing an  annual growth of 44%. This amount includes 2.2 billion drams in  customs duties, 30.2 billion drams in direct taxes (including profit  tax, income tax), and 2.7 billion drams in indirect taxes (including  VAT and excise tax).