“168 zham” LLC

"168 Zham" LLC operates the Armenian-language newspaper "168 Zham" and its digital platform 168.am. Established in 2004, the company is classified as an advertising and media services entity under Armenian business regulations.
The company is registered as a turnover tax payer with the State Revenue Committee, indicating annual revenues below 115 million Armenian drams (approximately $300,000 USD) excluding VAT. This classification places it among Armenia's smaller media enterprises in terms of declared revenue.
Satik Seyranyan, who serves as President of the Union of Journalists of Armenia, is both founder and sole proprietor of the company. She has maintained the dual role of owner and director since the company's establishment, providing editorial and operational oversight for nearly two decades.
Key Facts
| Business Form | Commercial / For-profit |
|---|---|
| Legal Form | LImited Liability Company (LLC) |
| Business Sectors | Advertising |
Ownership
| Individual Owner |
|---|
Media Outlets
Other Media Outlets
| Other Online Outlets | 168.am |
|---|
Facts
| Founding Year | 2004 |
|---|---|
| Founder |
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| Employees | 15 |
| Contact | Pushkin 3/1 0010 Yerevan Armenia info@168.am +374 (10) 58-48-31 www.168.am |
| Tax / ID Number | LLC 02574396 State Register of Legal Entities of the Ministry of Justice of the Republic of Armenia |
| Revenue | AMD 58,8 Million / USD 152,444.71 (2024) |
|---|---|
| Operating Profit | AMD 3,2 Million/ USD 8,351 (2024) |
| Advertising (in % of total funding) | AMD 58,2 Million / USD 150,736.78 (2024) |
| Headlines | ||
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| Passive Transparency | upon request, ownership data is easily available from the company/channel | |
| Meta Data | Financial data for "168 Zham" LLC was last publicly available through their 2023 annual report on 168.am. For 2024 financial information including revenue, expenses, and profit margins, we made direct contact with the company. They confirmed that while their 2024 report was published in the print edition of "168 Zham" newspaper, it had not been posted online, and they provided the requested financial data upon inquiry. Staff information is not publicly disclosed on the 168.am website. Employee headcount and organizational details were obtained through direct correspondence with the company. | |
| Sources | ||
| Documents (PDF) |
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