Հրազդան. «Հրազդանմաշ» գործարան

“Hrazdanmash” plant was built in 1970 in the place of the mining and chemical combine, growing into a local economic mainstay. In the Soviet years the plant played a key role in air-defense system. In its heyday the plant provided jobs to about 10-12 thousand people. The demise of the enterprise began with the collapse of the USSR: Soviet army was the main buyer of its products. “Demand on our production dropped dramatically starting from the mid-1990s, and the demands of the Armenian army were immeasurable to those in Soviet times. The demise of production was out of the plant’s control,” says Artavazd Makinyan, the lawyer and the head of human relations department of the enterprise. This vitally important enterprise in the town was privatized in 1998 and was restructured into several enterprises based on functions performed by its units.