In the Second Half of 2025, HEC Paid 8.636 Billion AMD in Taxes and Fees

The temporary manager of HEC, Romanos Petrosyan, presented statistics on his social media page: "In the second half of 2025, HEC paid a total of 8.636 billion AMD in taxes and fees, which is around 3.4 billion AMD or about 63.7% more than the same period last year. In the same period of 2024, the total amount of taxes and fees paid by HEC was approximately 5.277 billion AMD.

In the second half of 2025, all payments made by HEC to its employees in terms of salaries amounted to 9.547 billion AMD (excluding income tax), which is around 744 million AMD or about 8.5% more than the same period last year. In the same period of 2024, the total payments for salaries made by HEC were approximately 8.803 billion AMD.

Moreover, during the second half of 2025, the total payments made by HEC concerning both taxes and salaries (after the initiation of the administrative proceedings by the SRC and the appointment of the Temporary Manager) significantly exceeded the results of the first half of 2025 as well. During that period, approximately 7.359 billion AMD in taxes and fees were paid, and the total payments for salaries amounted to around 8.238 billion AMD. HEC continues to serve our people."