Gleb Trotsenko News Today

Yesterday Tert.am wrote that the Zangezur Copper-Molybdenum Combine (ZCMC) may be under threat of US sanctions. The fact is that Gleb Trotsenko, who was the real beneficiary of ZCMC and on October 27, 2023, alienated his entire indirect stake in the company, fell under American sanctions.

Although the company claims that they are not on any sanctions list and are not subject to sanctions, we learn from the electronic register of the RA government that Svetlana Yershova, who is related to the Trotsenkos in terms of business, is included in the list of ZPMK shareholders.

Armenia’s largest mining enterprise has denied being under Western sanctions or having any of its shareholders who are weeks after the United States put a number of enterprises owned by a Russian businessman linked to it on its sanctions list.