Dareskizb LLC

Dareskizb LLC was founded in December 1999 by several individuals engaged in politics at the time. Only one of the original founders remains as a shareholder.
The company owns Haykakan Zhamanak, the online successor to Armenian Times newspaper, which was founded by Nikol Pashinyan in 1999. Pashinyan served as editor-in-chief until 2012 and as director of Dareskizb LLC from 2006 to 2008. He became Prime Minister of Armenia in 2018 following the Velvet Revolution. The outlet is widely perceived as being owned by the Prime Minister's family.
Currently, 70% of Dareskizb LLC is held by Kima Mkrtchyan, mother of Anna Hakobyan, who is Prime Minister Pashinyan's wife and serves as editor-in-chief of Haykakan Zhamanak. Hayk Gevorgyan holds 20%. He became a shareholder in 2002 and has worked as a journalist 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 original founders and is a politician who previously served as deputy governor and Member of Parliament.
The director of the company is Gevorg Derzyan, who worked as an assistant to Arusyak Manavazyan, a Civil Contract Member of Parliament, from August 2021 to October 2024.
Dareskizb LLC publishes an annual financial report on the Haykakan Zhamanak website, though it can only be located through search engines as the site lacks a dedicated section for financial information. The 2024 report is presented as text rather than as a formal document. According to this report, the company's sole source of revenue was advertising, totaling approximately 52 million AMD (approximately 133,000 USD based on the 2024 annual average exchange rate from the Central Bank of Armenia).
Key Facts
| Business Form | Commercial / For-profit |
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| Legal Form | Limited Liability Company (LLC) |
Ownership
| Individual Owner |
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Media Outlets
Facts
| Founding Year | 1999 |
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| Founder |
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| Contact | Israelyan 37 Yerevan Armenia info@armtimes.com +374 10 581175 www.armtimes.com |
| Tax / ID Number | LLC Tax ID: 00032295 State Registry of Legal Entities of the Ministry of Justice of the Republic of Armenia, accessed on |
| Revenue | AMD 51,985,288 / USD 132,322 (2024) |
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| Operating Profit | AMD -667,285 / USD -1,698 (2024) |
| Advertising (in % of total funding) | AMD 51,985,288 / USD 132,322, 100% of total revenue (2024) |
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| Data Publicly Available | ownership data is easily available from other sources, e. g. public registries etc. | |
| 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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