Armenia: The government has appointed David Gevorgyan as the manager of Ararat Cement. Economy Minister Gevorg Papoyan made the announcement, according to the ARKA News Agency.
Gevorgyan was appointed Deputy Minister of Territorial Administration and Development in 2018. He later worked as Governor of Aragatsotn Province from 2018 to 2021. In 2022 he was appointed an assistant to the prime minister. Before working for the government he ran a printing business. Gevorgyan holds an undergraduate degree in marketing from the Armenian State Economics University.
Ararat Cement was placed under the control of the Ministry of Economy in mid-July 2026 following an investigation into the former owner Gagik Tsarukyan under charges of misappropriating assets. Tsarukyan, a businessman and former world arm wrestling champion, ran against the current prime minister’s political party in elections in June 2026.
