Following the collapse of the Soviet Union and Armenia's independence in 1990, the paper was renamed to (Republic of Armenia), which remains a state newspaper today. Context of the Phrase
The text you provided, once decoded from the corrupted characters, appears to refer to the often associated with the phrase: Following the collapse of the Soviet Union and
(Armenia — Soviet Communist Republic)
The specific string of text you shared looks like a formal header or a slogan often found on the masthead of the paper during the Soviet period, emphasizing the ideological identity of the Republic within the USSR. once decoded from the corrupted characters
Sovetakan Hayastan (Սովետական Հայաստան). eventually becoming Sovetakan Hayastan in 1940.
It underwent several name changes, eventually becoming Sovetakan Hayastan in 1940.