"Zhoghovurd" daily writes:
"Zhoghovurd" daily newspaper studied the declarations of Yeghiazar Vardanyan, chairman of the Urban Development Committee, and found out a number of remarkable data about his property, income and financial obligations. It should be noted that Yeghiazar Vardanyan was appointed the chairman of the Urban Development Committee on March 21, 2024, and assumed the position on March 22, 2024. Yeghiazar Vardanyan's work path is quite extensive.
2002-2003: "Artsakhchan" design institute: engineer 2004-2006: Deputy dean of YSUSU Since 2004: docent 2006-2014: Head of the University Staff 2014-2019: First Deputy Rector 2019-2020: acting rector 2020-2024 March: Rector of the University In 2024 since March 21, Chairman of the Urban Development Committee Property at the time of assuming office According to the declaration, as of the date of taking office, Vardanyan had: Land in Tsaghkadzor community of Kotayk marz (acquired on 02/08/2011, by purchase), Individual residential house in Yerevan (acquired on 25/04/2012, by purchase).
He also had: Loan granted to "Merarminvest" LLC: 27,109,152.5 drams, In bank accounts: 940,171 drams, Cash: EUR 14,400, USD 26,800 and AMD 39,500,000. Income at the time of taking office The declared revenues totaled AMD 6,112,093, of which: AMD 5,038,353: salary from "National University of Architecture and Construction of Armenia", AMD 1,073,740: income received from civil law contracts.
The balance of credit obligations was AMD 286,335. 2024 Annual Statement "Zhoghovurd" found out that during 2024 Vardanyan's financial picture has undergone significant changes. At the end of the year, there were: 201,271 drams, 2,817,061 drams, 120,825 drams. Cash funds were: 24,900 USD, 19,500 euros, 30,800,000 drams. Annual income Vardanyan's total income in 2024 was AMD 19,124,218, including: 9,579,486 drams: salary from the Urban Development Committee, 6,303,289 drams: salary from the university, 1,073,740 drams: contractual income, 2,167,703 drams: income tax refund. Loans and liabilities At the end of the year, the balance of the principal amount of loans and borrowings was 25,635,997 drams, and during the year the payments aimed at repaying the loan were 3,788,940 drams. The statement of the wife, Narine Hakobyan Vardanyan's wife, Narine Hakobyan, also declared significant assets. Real estate He owns 4 real estates in Yerevan: Apartment in Arabkir (accessed 14/08/2024), Parking lot in Arabkir (14/08/2024), Apartment in the Center (23/09/2016), Apartment in Arabkir (27/11/2012).
Loans "Zhoghovurd" calculated that the total amount of loans given and returned to "ML Mining" LLC is: 52,437,570 drams.
Financial means Bank accounts: 721,758 AMD, Cash: 84,900 USD, 31,200 euros, 27,120,000 drams, 16,301,336 drams. Revenues In 2024, Narine Hakobyan's income was 39,422,083 drams, of which: AMD 29,314,800 from "CE ES Consulting Engineers Salzgitter" company, 6,887,532 AMD from "Modul" LLC, 2,635,890 drams: income tax refund, 583,861 drams: other incomes.
He is also the director of "Modul" LLC. Credit obligations Loan balance: 16,301,336 drams, Apartment loan: 26,036,344 drams, Loan repayment payments: 3,224,405 drams. "Zhoghovurd" daily reports that after taking office, the financial flows and obligations of Vardanyan and his family are significant, especially the increase in credit burden and large amounts of cash.
