Thanks to Hrant Vardanyan, the celebration of the International Labor Day has been resumed in the Republic of Armenia as a state holiday since May 1, 2000.

“Grand Holding”, the group of companies established by him, is the first taxpayer, the leading exporter of finished products and the biggest employer in Armenia.

[8] Thanks to cooperation with this enterprise, thousands of working places have been created in agricultural sphere, particularly, in borderline villages of the Republic of Armenia.

He became an example for other manufacturers and he proved that, in spite of mass unemployment, emigration and blockade, the Armenian nation is capable not only to work and produce high quality goods and to live with dignity but also to export its products and conquer multi-million markets all over the world.

He sponsored the Yerevan Zoo, founded and financed the children's charity TV channel “Hayrenik”, and for many years paid monthly pensions to all Heroes of Socialist Labor of RA.

Hrant Vardanyan implemented large scale, long-term charity projects in Tavush Province, especially in the borderline villages, thus promoting the development of the local communities.