Ararat Cement Plant to Be Nationalized Ahead of Armenia’s June 2026 Elections

Index Box
May 21 2026
Ararat Cement Plant to Be Nationalized Ahead of Armenia’s June 2026 Elections 

The Ararat Cement Plant is set to be nationalized, according to an announcement from the country’s Prime Minister, Nikol Pashinyan. This statement was made ahead of Armenia’s parliamentary elections scheduled for 7 June 2026, as reported by Global Cement. 

The facility, which has a capacity of 0.9 million tons per year, is currently owned by Gagik Tsarukyan. Tsarukyan leads the Prosperous Armenia Party (PAP), the largest opposition party in Armenia. The Prime Minister indicated that the nationalization is a response to the exposure of what he described as mafia schemes operated by Tsarukyan’s son-in-law, Karapet Guloyan. Pashinyan stated that the business foundation of the PAP leader—the Ararat Cement Plant—will soon become state property and belong to the Republic of Armenia because Guloyan’s mafia scheme has been uncovered. 

According to Pashinyan, the government has already received a letter from the prosecutor’s office confirming that the property is subject to nationalization. Authorities will soon appoint a manager for the plant. The Prime Minister congratulated all employees of the plant on their release, noting that from that moment onward, they no longer need to follow any instructions from Tsarukyan or Guloyan, as their employer is now the Republic of Armenia. 

This move follows a similar situation involving electricity distribution licenses owned by Electric Networks of Armenia (ENA), which was taken into public ownership in November 2025.

Russia denies reporting on influence operations in Armenia while escalating ec

OC Media
May 21 2026

Russia’s Foreign Ministry has rejected reporting by the Russian independent media outlet The Insider that detailed the Kremlin’s efforts to influence the upcoming Armenian parliamentary elections. One of The Insider’s key claims — that Russian-Armenian tycoon and opposition figure Samvel Karapetyan had links to Russia’s Federal Security Service (FSB) — was not directly addressed. Meanwhile, Russia has continued to escalate its economic pressure campaign on Armenia, this time by restricting the import of Armenian flowers.

The investigation published by The Insider on Tuesday had cited leaked offline databases allegedly showing that when Karapetyan was issued an international passport in Russia in 1999, his workplace was mentioned in the Information Centre of the FSB. It also detailed the various Russian operatives tasked with managing the Kremlin’s information war against Armenian Prime Minister Nikol Pashinyan.

Russia’s Foreign Ministry responded directly to The Insider on Thursday with a lengthy diatribe, saying the outlet had ‘long ago turned into a tool for media manipulation and false anti-Russian propaganda, and continues to generate fakes, fulfilling the corresponding orders of its foreign masters’.

‘The arguments presented in the “investigation” are nothing more than blatant lies and an organised provocation aimed at exerting psychological pressure on Russian diplomats and intimidating the Armenian public before the elections’.

The Russian Foreign Ministry, which published a photo mashup of Ukrainian President Volodymyr Zelenskyi with Adolf Hitler on Thursday, criticised the ‘professionalism’ of the investigation, claiming, without citing evidence, that it contained ‘numerous factual errors and inaccuracies’.

Links between unnamed individuals in Armenia, likely referring to Karapetyan and fellow tycoon and opposition figure Gagik Tsarukyan, were also downplayed.

‘Any contacts of such figures with the Russian side, participation in international platforms and expert events are automatically declared as “work under the supervision of Russian intelligence”, and the opposition activities themselves are considered part of a “Kremlin operation”. In other words, Armenian society is being forced into a primitive scheme of “government criticism equals a Moscow agent” ’.

The Foreign Ministry further claimed, again without evidence, that The Insider’s investigation was linked to an EU mission to Armenia to combat Russian influence operations.

Separately, Russian Deputy Foreign Minister Mikhail Galuzin rejected a different accusation that Karapetyan’s nephew, Narek Karapetyan, holds Russian citizenship. The previous day, Armenian authorities announced they were looking into the charges, while Karapetyan himself stated he was solely an Armenian citizen.

On Thursday, the Armenian media outlet Factor reported that the citizenship data for Narek Karapetyan in the Russian state registry had been edited to show that he only held Armenian citizenship.

Economic and rhetorical pressure

In its latest effort to put economic pressure on Armenia in response to the country’s reorientation westward, Russia announced ‘temporary restrictions’ on the export of Armenian flowers on Wednesday. The Russian Federal Service for Veterinary and Phytosanitary Surveillance said the move was made to ‘protect Russia’s export potential and phytosanitary safety’.

Russia has repeatedly been accused of imposing such export restrictions as a form of economic coercion on countries, including Armenia.

Earlier in May, Russia suspended the sale of Armenian Jermuk water over alleged regulatory violations.

Separately, the secretary of Russia’s Security Council, Sergei Shoigu, made thinly veiled threats of further economic measures against Armenia as part of wider criticisms of the country on Wednesday.

‘Cooperation with Russia is the main driver of the Armenian economy. It’s difficult to dispute this fact’, Shoigu said.

‘I wonder in what quantities and under what conditions Armenian apricots, trout, and mineral water will be supplied to the European Union’.

Shoigu further accused Armenia of taking a number of ‘unfriendly’ steps recently, including the invitation of Zelenskyi to Yerevan for the European Political Community summit earlier in May.

‘It is no secret that the leadership of that country has taken a number of steps of late that do not correspond to the spirit of allied relations with the Russian Federation’, Shoigu said.

Candidate from Tsarukyan’s Prosperous Armenia party investigated for treason

OC Media
May 21 2026

Armenian authorities are seeking a treason investigation against opposition politician Andranik Tevanyan, a candidate on tycoon Gagik Tsarukyan’s electoral list, as political tensions escalate ahead of the 2026 parliamentary elections.

Prime Minister Nikol Pashinyan announced while campaigning in Armenia’s third-largest city Vanadzor on Wednesday that Armenia’s National Security Service (NSS) would submit a report to the Investigative Committee, ‘expecting that a criminal case will be initiated against Andranik Tevanyan under the article of treason’.

Tevanyan is the second candidate on the list of Tsarukyan’s Prosperous Armenia party, one of the main challengers to Pashinyan’s ruling Civil Contract ahead of the vote.

‘And this spy network, we will ultimately and completely eradicate from the Republic of Armenia’, Pashinyan said.

The statement follows earlier comments by Pashinyan in April claiming that the authorities had compiled a ‘thick file’ of individuals allegedly acting in line with foreign agendas. At the time, he said some political figures were ‘walking along the edge’ of espionage.

‘Once they cross it, there will be a response’, Pashinyan said back then.

After dubbing Civil Contract’s main political opponents, the alliances and parties led by Russian–Armenian tycoon Samvel Karapetyan, ex-President Robert Kocharyan, and Tsarukyan a ‘three-headed war party’, Pashinyan suggested on Wednesday they could instead be ‘rebranded’ a ‘three-headed party of espionage’.

Tevanyan, who was elected to parliament in 2021 as part of the Armenia Alliance faction, stepped down in 2023 to run for Yerevan mayor with the Mother Armenia bloc backed by Kocharyan. His alliance won 15% of the vote and eight seats in Yerevan’s city council.

Although Kocharyan is again running with the Armenia Alliance in 2026, Tevanyan has instead allied himself with Tsarukyan.

Responding to Pashinyan’s remarks, Tevanyan accused the prime minister of treason, claiming he had served the interests of Azerbaijan and Turkey and ‘surrendered [Nagorno-Karabakh] through treason’.

Amid Russia’s criticism over Armenia’s deepening ties with the EU, Tevanyan compared Pashinyan with Ukrainian President Volodymyr Zelenskyi.

‘As an Armenian Zelenskyi, you will not be able to carry out the plan imposed on you from abroad, a plan to which you agreed’, Tevanyan claimed, adding that Pashinyan would end up ‘envying even the fate of [Georgian ex-President Mikheil] Saakashvili’.

Nationalisation of Tsarukyan’s cement factory

Separately, Pashinyan announced plans on Wednesday to nationalise Tsarukyan’s Ararat Cement plant, describing it as the ‘backbone’ of his business empire and alleging irregularities in its privatisation in the early 2000s.

Shortly afterwards, Armenia’s Prosecutor General’s Office announced that it had submitted a report to the Anti-Corruption Committee earlier in May, leading to the opening of a criminal case on 7 May over alleged abuse of office and large-scale money laundering.

In response, Tsarukyan described Pashinyan and Azerbaijani President Ilham Aliyev as Armenia’s remaining ‘threats’. He also referred to the investigation into the cement plant, claiming that by acting so, Pashinyan was paving the way for the import of Azerbaijani cement. No such agreement has been reported.

‘I have said that I cannot exchange my homeland for my possessions’, Tsarukyan said, arguing that the case was launched because Pashinyan feared losing power.

Aside from these cases, Pashinyan had vowed earlier in May to ‘drag [Tsarukyan’s] son [Nver Tsarukyan] back from Belarus by the scruff of his neck and bring him to justice’.

Nver Tsarukyan is wanted in Armenia over a 2024 shooting incident. After the criminal proceedings were announced, he departed for Belarus and Russia on a ‘business trip’, and he has reportedly stayed there since.

Armenian billionaire vows to build Noah’s Ark after construction of world’s tallest Jesus statue

Separately, again in May, Armenian authorities also announced the confiscation of assets belonging to Tsarukyan’s daughter, Rosa Tsarukyan, and her husband, former Kotayk Governor Karapet Guloyan, including a mansion, plot of land, and company shares deemed to be of illicit origin.

These cases come amid growing scrutiny over alleged Russian influence in Armenian politics.

Earlier this week, investigations by the independent Russian outlet The Insider described Tsarukyan and Karapetyan as ‘Russia’s candidates’ in the upcoming elections.

Aside from signing a cooperation agreement with Russia’s ruling United Russia party in 2019, leaked documents suggested that Russian officials received copies of Tsarukyan’s passport as well as financial estimates related to his 2017 election campaign.

Russia Restricts Armenian Flower Imports Amid Strained Relations

The Moscow Times
May 21 2026

Russia’s agricultural watchdog announced Wednesday a temporary restriction on all flower imports originating from or transiting through Armenia, a move that comes amid fraying relations between the two countries.

Rosselkhoznadzor claimed the ban, which takes effect on Thursday, is aimed at protecting domestic plant safety and domestic producers. Out of 96.2 million flowers imported from Armenia, inspectors flagged 135 cases requiring “quarantine” measures, the agency said without providing further details.

The restrictions will remain in place until inspections of Armenian greenhouse facilities can be carried out.

Armenia supplies around 10% of Russia’s cut tulips, and Armenian roses retail for up to 60% less than competing imports from Ecuador, according to the Kommersant business newspaper.

Rosselkhoznadzor’s announcement follows weeks of diplomatic friction ahead of parliamentary elections in Armenia next month. Prime Minister Nikol Pashinyan’s party faces off on June 7 against an array of opposition parties dominated by pro-Russia groups.

While Russia and Armenia are formally allies, relations have deteriorated since neighboring Azerbaijan regained control of the breakaway region of Nagorno-Karabakh in 2023. Armenia accused Russia and its peacekeeping forces of failing to deter Baku’s military offensive.

During recent bilateral talks with President Vladimir Putin, Pashinyan took a subtle swipe at Russia’s tightening authoritarian controls by pointing out that Armenia maintains 100% free social media” — contrasting his country’s open internet with heavy wartime censorship in Russia.

Authorities in Moscow have since banned the operations of a factory that imports Armenian cognac and blocked the sale of 1.1 million bottles of Armenian mineral water.

Putin recently warned that it would be “impossible by definition” for Armenia to remain a member of the Russian-led Eurasian Economic Union if it were to join the European Union. Last year, Armenian lawmakers adopted a law to initiate the EU accession process.

This month, Russia’s Foreign Ministry also scolded Armenia for hosting Ukrainian President Volodymyr Zelensky for a European summit.

‘World’s biggest Jesus’ finally takes shape in Armenia after years of delays

TVP World
May 21 2026

A record-breaking statue of Jesus Christ has started the final stages of construction in Armenia following years of delays and setbacks.

The 33-meter aluminum likeness of Christ will stand atop a 44-meter pedestal, setting a new world record of 77 meters in height.

The statue is being erected on a structural complex housing a visitor center that will bring the total scale of the engineering feat to 101 meters, comfortably dwarfing New York’s iconic 93-meter Statue of Liberty.

The current record is held by the 61-meter Jesus Christ the Savior statue in Sumatra, Indonesia, which stands on an 8-meter plinth. It took the title in 2024, surpassing the previous record set by Poland’s Jesus Christ King of the Universe statue in the western town of Świebodzin.

The Świebodzin monument, like the new project outside the Armenian capital of Yerevan, features a 33-meter Christ figure to represent the 33 years of Jesus’ life. It is situated on top of a huge artificial mound, bringing the height of the entire structure to 52.5 meters.

The record was held for 79 years by the famous Christ the Redeemer statue overlooking Rio de Janeiro, which stands 38 meters high including its 8-meter pedestal.

Delays and opposition

Armenia’s gargantuan project was first announced in 2022 by business tycoon and former politician Gagik Tsarukian. It immediately faced objections from the Armenian Church, which opposes idolatry and accused the project of undermining the country’s long Christian heritage.

Armenia was the first country in the world to adopt Christianity as a national religion, formally embracing the faith in 301 AD.

Despite the Church’s protestations, the Armenian government gave the jumbo Jesus project its blessing until a ground-breaking ceremony damaged an ancient fortress before planning permission had been granted.

The plans were shelved and then in 2025, Culture Minister Zhanna Andreasyan declared the structure could not be built at its intended location, on the summit of the 2,528-meter Mount Hatis around 30 kilometers from Yerevan, over archeological fears.

Work resumed later that year after the foundations were moved several hundred meters away and new permits granted.

The mammoth Messiah currently sits in three pieces in a nearby village, waiting to be airlifted into place by helicopter.

Following the statue’s assembly, completion of the whole project is now tentatively scheduled for 2027, according to planners.

Russia Says Armenia Cannot ‘Dance At Two Weddings’

Eurasia Review
May 21 2026

Moscow cannot accept the policy adopted by official Yerevan regarding membership in the Eurasian Economic Union, under which Armenia intends to retain membership until it succeeds in joining the European Union, Russian Deputy Foreign Minister Mikhail Galuzin said after a meeting of a special Russian Security Council working group.

“Of course, Moscow cannot accept the line currently pursued by Armenia’s leadership, namely the policy of maintaining membership in the Eurasian Economic Union until, so to speak, transitioning to membership in the European Union. Such approaches cannot satisfy us; they are absolutely unacceptable for us,” he said, according to Sputnik Armenia.

Galuzin also recalled that Armenia signed the treaty on the Eurasian Economic Union as well as documents concerning the union’s further development through 2030 and 2045.

“It clearly states that Armenia, like the other members of the union, undertakes to fulfill the provisions of the treaty and to refrain from actions that could jeopardize or hinder Eurasian economic integration,” he said.

The Russian deputy foreign minister added that simultaneous membership in both unions is fundamentally impossible.

“It is impossible to be in two unions at the same time. As they say, Armenia cannot dance at two weddings simultaneously,” Galuzin added, according to RIA Novosti.

He also said that Armenia’s possible accession to the European Union is largely a populist slogan, which Brussels uses in relation to various countries. According to him, similar approaches were previously applied in the cases of Ukraine and Moldova and are now also being used toward Armenia.

During talks with Nikol Pashinyan on April 1, Russian President Vladimir Putin stated that simultaneous participation in the customs unions of the European Union and the EEU is impossible. Russian presidential aide Yuri Ushakov also said Armenia’s authorities are attempting to “sit on two chairs,” which harms the development of bilateral Russian-Armenian relations. On May 9, Putin proposed discussing Armenia’s EU-related plans during the upcoming Eurasian Economic Union summit.

U.S. Senate advances measure curbing Trump’s Iran war powers

Iran11:43, 20 May 2026
Read the article in: ArmenianRussian:

The U.S. Senate has advanced a war-powers resolution that would end the Iran war unless President Donald Trump obtains Congress’ authorization, Reuters reported.

The vote on a procedural measure to advance the resolution was 50 to 47, as four of Trump’s fellow Republicans voted with every Democrat but one in favor. Three Republicans missed the vote, according to Reuters.

The result was a victory for lawmakers who have been arguing that Congress, not the president, should have the power to send troops to war, as spelled out in the Constitution. However, it was only a procedural vote.

Even if it eventually passes the 100-member Senate, the resolution ⁠must also pass the Republican-led House of Representatives and garner two-thirds majorities in both the House and Senate to survive an expected Trump veto.

Democratic Senator Tim Kaine of Virginia, who sponsored the resolution, said a ceasefire offered Trump an ideal opportunity to make his case to Congress as the president has said Tehran has made a new proposal to end the U.S.-Israeli war that began on February 28.

Trump’s Republicans blocked seven previous attempts to advance similar resolutions in the Senate this year. They have also stopped three war-powers resolutions by narrow votes in the House this year.

Read the article in: ArmenianRussian:

Published by Armenpress, original at 

Trump to attend G7 summit in France

U. S.12:41, 20 May 2026
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U.S. President Donald Trump will attend the G7 summit in France in June, Axios reported, citing a White House official.

According to the report, Trump wants to speak about linking U.S. aid with trade, promoting the adoption of U.S.-developed artificial intelligence tools, and reducing China’s control over critical mineral supply chains, among other topics at the meeting.

France is the host of this year’s G7, with a leaders’ summit scheduled for June 15–17 in the lakeside resort of Évian-les-Bains, at the foot of the French Alps.

Published by Armenpress, original at 

Top “Strong Armenia” candidate investigated over citizenship disclosure claim

Law09:09, 20 May 2026
Read the article in: EspañolՀայերենRussian

Armenia’s Investigative Committee announced Wednesday that it had opened a criminal case involving Narek Karapetyan, the top candidate on the “Strong Armenia” alliance’s electoral list, over allegations that he concealed his foreign citizenship status while registering for parliamentary elections.

Narek Karapetyan is the nephew of “Strong Armenia” alliance leader Samvel Karapetyan.

Requirements for running for parliament in Armenia include having resided in the country for at least the previous four years and holding exclusively Armenian citizenship throughout that period.

According to the Investigative Committee, Narek Karapetyan concealed his citizenship status while submitting documents to the authorities.

“According to a report of an apparent crime received by the Yerevan City Investigative Department of the Investigative Committee of Armenia from the Police of Armenia’s Ministry of Internal Affairs, parliamentary candidate Narek Karapetyan — who was nominated as the lead candidate of the ‘Strong Armenia’ alliance for the June 7, 2026 National Assembly elections — despite having been warned about the legal liability for providing false information, deliberately concealed information about possessing or having possessed foreign citizenship. Specifically, he submitted a false application to the Migration and Citizenship Service of the Ministry of Internal Affairs stating that he was not a citizen of another state, thereby concealing information about foreign citizenship that would prevent him from obtaining the status of a public official,” the statement issued by the Investigative Committee said.

It added that criminal proceedings had been initiated under Part 1 of Article 449 of Armenia’s Criminal Code, which concerns concealing information that obstructs obtaining or retaining the status of a public official.

On May 19, reports circulated online claiming that, according to data from Russia’s Unified State Register of Legal Entities, Narek Karapetyan had been listed as a Russian citizen as of 2020.

A document allegedly confirming this was also published.

However, Karapetyan denied the claim during a press briefing, insisting that he holds only Armenian citizenship and has never held foreign citizenship.

By law, even if a candidate held foreign citizenship outside the four-year requirement period, they are still required to disclose it.

Published by Armenpress, original at 

Sebastian Ghiță reacted after his name was mentioned in an Armenian investiga

Informat, Romania
May 20 2026
Lara Maior

Businessman Sebastian Ghiță had a first reaction after his name was mentioned in an investigation by the Armenian publication ‘Fact Investigation Platform’ (FIP), in which a Kremlin agent refers to him in connection with activities aimed at discrediting the President of the Republic of Moldova, Maia Sandu. Ghiță, who is currently in Belgrade with asylum, stated that the accusations are ‘lies and fabrications forced by the Sorosist press’. In the correspondence of the agent, it is not specified whether he had direct contact with Ghiță. Additionally, Ghiță commented on Nicușor Dan, suggesting that certain individuals in the entourage of Prime Minister Ilie Bolojan are trying to control him. He stated that the Soros agents want to suspend President Nicușor Dan and emphasized that Romania should unite with Bessarabia, having Dan as president. Ghiță thus rejected his connections with the Kremlin and reiterated that he will not allow control over Nicușor Dan.

Sources