C-QUADRAT AMPEGA ASSET MANAGEMENT ARMENIA DONATES EUR 40.000 FOR CONSTRUCTION OF A DAY CARE CENTER IN NOYEMBERYAN, ARMENIA10.10.2019
Yerevan, Armenia: C-QUADRAT Ampega Asset Management Armenia, who manages more than AMD100 billion in pension funds in the Republic of Armenia, today announced that, in the framework of its corporate social responsibility, it will donate 40.000 Euro to Tavush Diocese of the Armenian Apostolic Church for construction of a Day Care Center in Noyemberyan city - Tavush region.
The Project aims to contribute to educational, cognitive and spiritual well-being of children and their families who live in Noyemberyan town and its adjacent villages in Tavush region of Armenia.
The day center which currently exists and is running with 110 children has miserable conditions. Hence, it is a basic need for the Center to rebuild into a facility to continue to operate in a full capacity and enhance its impact by serving to more families in Noyemberyan and the satellite villages.
The new Day Care Center will be located on two floors which together will compose the space of 615 sq. m. Thanks to the Project more than 200 vulnerable children and their families in Noyemberyan town and neighboring communities will have access to education, proper care and social services to promote their emotional and cognitive development, as well as to improve their quality of life.
“I am amazed and deeply impressed by Mr. Drayss’s dedication and profound knowledge and love towards Armenia and the Armenian people. Thanks to his efforts and the financing by C-Quadrat Ampega Armenia we will rebuild a great center in Noyemberyan for our kids in Tavush region who live in the most vulnerable conditions. I highly appreciate Mr. Drayss’s devotion and efforts for building strong religious, educational, scientific and cultural relations between Armenia and Germany. I came to know that Mr. Drayss has been awarded with the “St. Nerses the Graceful” medal for his great love and passion for Armenia tangible expression of which was setting up a UNESCO-partnership between Armenia and Germany,” said Bishop Bagrat Galstanyan, the Primate of Tavush Diocese of the Armenian Apostolic Church.
“Allow me some personal remarks. I think back to the way we have gone together over the last 25 years, to the many companions here in Armenia, to the many new friends and to the broadening of the horizon that we have experienced. Armenia preserves and cultivates its culture in a difficult environment - the close border shows what I mean. Armenians are innovative and able to create work and jobs without outside help. In the 25 years that I have been coming here regularly, I have experienced this. It’s hard to imagine how difficult the situation was here. It is very impressive what has been achieved and what potential Armenia has. Let’s take a look around Noyemberyan at the children’s homes and the day care center. Due to deep poverty the children from many families in Tavush appear in boarding schools and orphanages. This usually results in long years of separation and is extremely painful both for the child and the family. As a proven and well-established solution to this above mentioned issue we highly appreciate the dedicated work of the Armenian Apostolic Church and especially the valuable efforts of Bishop Bagrat Galstanyan for constructing and operating Day Care centers,” said Mr. Ernst-Ludwig Drayss, Chairman of the Supervisory Board of C-QUADRAT Ampega Asset Management Armenia.
“C-QUADRAT GROUP, the shareholder of C-QUADRAT Ampega Armenia, has adopted the strategy of financing one impactful project per year in the countries of its operations. This year we have selected Armenia and have been evaluating social wellbeing projects from the beginning of the year and our choice has stopped on the Day Care centers as we highly appreciate this concept and its impact on the vulnerable families in the farther regions of Armenia, ” said Mr. Andreas Wimmer, Senior Group Managing Director of
C-Quadrat Investment Group.
“This project creates an opportunity for the kids in Tavush region to have a brighter future. The concept of the center has proven to be efficient through years and we are happy for the chance to support its further development. It will become an exemplary place for alternative care for the children at the risk of abandonment, it will give an opportunity to parents to raise their children in an inclusive and loving environment,” said Mr. Arman Vardanyan, Chief Executive Officer of C-QUADRAT Ampega Asset Management Armenia.
The preliminary blueprint of Noyemberyan day care center
C-QUADRAT Ampega Asset Management Armenia LLC: The asset management company is a joint venture between C-Quadrat Investment AG, Vienna, Austria, and Talanx Asset Management GmbH, Cologne, Germany.
Currently C-QUADRAT Ampega Asset Management Armenia manages more than AMD100 billion in pension finds in the Republic of Armenia.
Operating a financial entity in Armenia that offers top-quality asset management services in line with best western standards, C-Quadrat Ampega Asset Management Armenia intends to play a leading role in the Armenian financial market and support the development of asset management and investment services in Armenia.
Diocese of Tavush: Diocese of Tavush is one of the newest dioceses of the Armenian Apostolic Church covering the Tavush Province of Armenia. The diocesan headquarters are located in the town of Ijevan. The seat of the bishop is the Saint Nerses Cathedral of Ijevan which was consecrated in 1998.
The diocese was established in 2010, when it was separated from the Diocese of Gougark.
The diocese has 17 churches, 3 monasteries and 9 chapels acting under its jurisdiction.
The primate of the diocese is Bishop Bagrat Galstanyan who is in service since June 2015.
37 Hanrapetutyan Street
Yerevan 0010, Republic of Armenia
+374 10 56 99 21
Bishop Bagrat Galstanyan
5 Melikbekyan Street
Ijevan 4001, Tavush Marz, Republic of Armenia
+374 26 34 03 01
Please be informed that February 1st is a non-working day for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Pension Funds as well as CQ Armenia Growth Investment Fund managed by C-QUADRAT Ampega Asset Management Armenia LLC.Read more
Please be informed that December 24-26 are non-working days for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Pension Funds as well as CQ Armenia Growth Investment Fund managed by C-QUADRAT Ampega Asset Management Armenia LLC.Read more
Please be informed that November 1 is a non-working day for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Pension Funds as well as CQ Armenia Growth Investment Fund managed by C-QUADRAT Ampega Asset Management Armenia LLC.Read more
Please be informed that August 15 is a non-working day for our fund administrator Raiffeisen Bank International AG, who calculates the net asset values (NAV) of the Fixed, Conservative and Balanced Funds managed by C-QUADRAT Ampega Asset Management Armenia LLC.