Armtimes

Haykakan Zhamanak (Armenian Times) is the online successor to Armenian Times newspaper, which was founded by Nikol Pashinyan in 1999 and played a central role in opposition journalism before he became Prime Minister. The print edition ceased publication, and the outlet now operates exclusively online as a socio-political news website.
Haykakan Zhamanak is owned by Dareskizb LLC, whose founders were engaged in politics at the time of its establishment. The outlet is widely perceived as being owned by the family of Prime Minister Pashinyan. Currently, 70% of Dareskizb LLC is held by Kima Mkrtchyan, mother of Anna Hakobyan, who is the wife of Prime Minister Nikol Pashinyan and serves as editor-in-chief of Haykakan Zhamanak.
Hayk Gevorgyan holds 20% of the company. He became a shareholder in 2002 and has worked at Haykakan Zhamanak since its founding. In 2018, he was elected to the National Assembly through the My Step alliance's national electoral list. Petros Makeyan holds the remaining 10%. He is one of the founders of Dareskizb LLC and is a politician who previously served as deputy governor and Member of Parliament.
The outlet publishes its annual financial report on its website, which shows that advertising is its sole source of revenue.
Key Facts
| Audience Share | Missing Data |
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| Ownership Type | Private |
| Geographic Coverage | Transnational |
| Content Type | Free |
| Data Publicly Available | ownership data is easily available from other sources, e. g. public registries etc. |
Ownership
| Ownership Structure | Haykakan Zhamanak is owned by Dareskizb LLC, which has three shareholders. Kima Mkrtchyan holds 70%, Hayk Gevorgyan holds 20%, and Petros Makeyan holds 10%. |
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| Voting Rights | According to the company charter, the governing bodies of Dareskizb LLC are the General Assembly of Participants and the Director. The General Assembly of Participants serves as the highest governing body, holding ultimate authority over all matters of company management and operations. Day-to-day activities are managed by the Director, who is elected by the General Assembly of Participants. |
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Media Companies / Groups
Facts
| Founding Year | 1999 |
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| Contact | Israelyan 37 Yerevan Armenia info@armtimes.com +374 10 581175 armtimes.com |
| Revenue | Missing data |
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| Operating Profit | Missing data |
| Advertising (in % of total funding) | Missing data |
| Market Share | Missing data |
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| Meta Data | Information about Haykakan Zhamanak is derived primarily from public registries and media reports, as the outlet's website contains limited information about its management and operations. The website does publish an annual financial report for Dareskizb LLC, though it is not accessible through a dedicated section and can only be located through search engines. The 2024 report is presented as text rather than as a formal document and refers to Dareskizb LLC rather than specifically to the website's revenues and expenses, making it unclear whether the figures correspond directly to the online outlet's financial activity. MOM Team submitted an information request to the director of Dareskizb LLC seeking clarification about the media outlet's operations and management structure. The company did not respond. | |
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