YEREVAN, SEPTEMBER 14, NOYAN TAPAN. At the September 14 sitting, the Armenian government approved the results of the tender "Provision of Machinery and Mechanisms for Wateruser Societies and Reservoirs" held under the
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. According to the Agency of the State Legal Entities and Private Businessmen Register of the RA Ministry of Justice, since the beginning of 2006, 1,752 legal entities
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. As of June 30, 2006, the total amount of Armenia's foreign and domestic debts made 540 bln 329 mln drams (about 1 bln 290.2 mln USD),
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The Council of Businessmen under the RA Prime Minister discussed the facts of corruption provided by the US embassy and came to the conclusion that these facts
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The recent growth of imports and decline in exports cannot have a significant effect on the country's economy. The RA Minister of Trade and Economic Development Karen
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The quality of communication services provided by ArmenTel is not in line with the high tariffs that the company submitted to the RA Public Services Regulatory Commission.
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. This year Armenia's tax and budgetary policy has been efficient. Tax revenues grew by about 20% in the first eight months of 2006 compared with the same
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. During a visit to Yerevan on August 31 - September 13, the International Monetary Fund's (IMF) mission registered some positive trends in the Armenian economy. Hasan Al-Atrash,
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. At the September 12 meeting, the Armenian Foreign Minister Vartan Oskanian and the Secretary General of the Egyptian Fund for Technical Cooperation with CIS Countries, Ambassador Vahid
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The RA budget expenditures in January-July 2006 made 237 bln 765.8 mln drams (540 mln 266 thousand USD), growing by 23.4% on the same period of last
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. In January-July 2006, the RA state budget revenues and transfers made 232 bln 35.7 mln drams (about 520 mln 976 thousand USD), exceeding by 21.3% the index
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. At the September 12 sitting the Information Technologies Development Support Council (ITDSC), the revised program of events "Information Technologies Month" was discussed and approved.
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The company Aroyan (Syria) imports air-conditioning and water-cooling systems into Armenia, occupying about 10% of the Armenian market of these systems' sale. NT correspondent was informed about
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The official delegation led by RA Minister of Finance and Economy Vardan Khachatrian will be in Singapore on September 13-21 for the purpose of taking part in
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. An Armenian-English electronic translation system based on the artificial logic principles will be displayed at the Digitec 2006 Exhibition to be held on October 6-8, 2006. The
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The 7th volume in the "European Integration Library Series" - "Securitization of Assets in Europe" was prepared for publication by the Armenian European Policy and Legal Advice
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. At the September 12 of the IT Development Assisting Council (DAC), which was conducted by the Council Chairman, Prime Minister Andranik Margarian, a number of proposals were
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. Starting September 10, the 2006 grapes purchase season began at the Yerevan Brandy Company (YBC). Grigor Alexanian, manager of the YBC Armavir branch, informed reporters that this
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The purpose of the program "Armenia: Raising the Energy and Gas Efficiency of City Heating and Hot Water Supply" is to reduce the emission of greenhouse gases
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. 35 mln USD has been spent on the construction of the arrival hall of Zvartnots International Airport's terminal. The arrival hall will operate starting September 14, the
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The names of the winners of the Best Quality contest of the Food and Drink Exhibition held were announced on September 11 during the closing ceremony of
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. It is for the second consecutive year that Karart company is participating in the Armenia Expo Exhibition. After the previous exhibition, this Armenian company has registered an
YEREVAN, SEPTEMER 12, NOYAN TAPAN. In January-July 2006, Armenia's foreign trade made 725 bln 817.1 mln drams or 1 bln 654.6 mln USD, with exports making 228 bln 725.3 mln drams (522.5
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. In the period of January-June 2006, the amount of foreign investments (without those receiced through the state governance and banking systems) in the real sector of the
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. Starting September 14, the arrival hall of Zvartnots Airport's terminal will function, NT correspondent was informed from the airport's press service. To
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. The company Haypost will be passed to the company ING (Netherlands) for trust management, NT correspondent was informed from a reliable source. The above mentioned company
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. In January-July 2006, construction work of 240 bln 302.1 mln drams (over 546 mln USD) was done in Armenia, including production facility construction of 86 bln 190.7
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. The Armenian government and the IT company Sun Microsystems (US) will sign a cooperation agreement on September 20 during the second Armenia-Diaspora economic forum. Bagrat Yengibarian, Director
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. The purchase season will start at the Armavir branch of the Yerevan Brandy Company (YBC) on September 11. The plant's director Philippe Tibaut stated at the September
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. In his open letter published recently in a number of Armenian newspapers, Herve Caroff, director of the Yerevan Brandy Company (YBC), neither denied nor confirmed the facts
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. Yesterday the company ArmenTel deprived, without any warning, 100 companies - Internet phone connection providers of their data transmission connection. Representatives of these companies stated this at the
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. According to the national food balance, in 2005, the daily supply of 14 commodity groups per capita made 2,755.7 kilocalories in Armenia against 2,590 kilocalories in 2004.
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. During the industrial exhibition "15 Jubilee Years of the CIS" to be held in Moscow on October 25-28, Day of Armenia will be celebrated. The delegation of
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. An exhibition-sale of Armenian production will be held in the city of Krasnoyarsk (Russia) on September 26-30. 10-12 companies expressed their intention to participate in the event.
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The program of main measures on realization of Yerevan's Master Plan was approved at the September 7 sitting of the Armenian government. Based on the program, it
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. As of June 1, 2006, the total area of lands sown with agricultul cultured plants made 305.3 thousand hectares, which is less by 23.7 thousand ha compared
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. According to the data on customs declarations and trade conducted by citizens, in the second quarter of 2006, foodstuffs accounted for 16.1% of the goods imported into
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. It is expected that Armenia will be granted status of a free market economy by late 2006. The RA Deputy Minister of Trade and Economic Development Tigran
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. Armenia's GDP will continue growing at high rates in the next few years, mainly due to construction's growth: in 2001, construction accounted for 9.7% of GDP, whereas
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. "The Yerevan Brandy Company is not sold." This is said in the open letter of Herve Caroff, Director General of the Yerevan Brandy Company (YBC), which he
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. Taking into account such factors as ease of registering an enterprise, as well as the legislation regulating the tax sector and trade relations with other countries, the
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. The State Tax Service and the State Customs Committee adjunct to the Armenian government are currently implementing pilot programs on admission and formulation of documents in the
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In January-July 2006, Armenia's metallurgical enterprises manufactured production of 63 bln 596.8 mln drams (about 144.5 mln USD), which exceeds by 5.2% the index of the same
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. RA President Robert Kocharian attaches serious importance to development of reprocessing production in the marz of Aragatsotn, in encouraging of which, in his words, the local authorities
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. The official car of Shahen Hovasapian, the Chief of the Operative Secret Service Department of the RA State Tax Service attached to Government was blown up at
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. In January-July 2006, Armenia's gross agricultural output made 198.1 bln drams (about 49.7 mln USD), which represents a 6.1% decline compared with the index of the same
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. During the September 5 sitting of the RA National Water Council, which was conducted by the Council Chairman, RA Prime Minister Andranik Margarian, the scheme of the
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The famous businessman Mikael Baghdasarov has offered SIL Concern Ltd. to purchase his share of the VTB-Armenia Bank (former Armsavingsbank). Spokeswoman for SIL Concern Anna Mkrtchian told
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The company ArmenTel submitted a bid to the RA Public Services Regulatory Commission, proposing that the tariffs of fixed-line phone and Internet services be increased next year.
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The RA Ministry of Nature Protection deprived the company Global Gold Mining (GGM) of its licence for exploration of the mine in Marjan (Sisian). The RA Minister
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The average monetary per capita incomes grew by 31.3% in Armenia in the second quarter of 2006 on the same period of last year and made
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. In the period of January-July 2006, electricity of 3,594.2 mln kwh was generated in Armenia, which is by 6.1% less than in the same period of last
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. By a September 1 decree of the Armenian President Robert Kocharian, Andranik Norekian has been appointed a member of the Central Bank of Armenia (CBA) Board for
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. In the period of January-July 2006, industrial production of 355 bln 379.1 mln drams (about 807.5 mln USD) was manufactured in Armenia. Production of 361 bln 891.4
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The total volume of revenues of ArmenTel company received from services rendered to population and different institutions and organizations in January-July this year amounted to 66202.8 mln
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. In 2006 January-July the chemical industry enterprises of Armenia manufactured production amounting to 11 bln 157 mln drams (more than 25.3 mln USD) or less by 10.4%
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. As of September 4, 220 thousand tons of grain was harvested in Armenia, which is less by 100 thousand tons than the index as of the
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. With the aim of regulating the motor transport sector, seven legislative packages will be submitted to the National Assembly for discussion at the upcoming session. Karlen Sahakian,
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Yerevan Mayor's Office is taking all measures aimed at street trade regulation. Karen Gevorgian, head of the Trade and Service Department of Yerevan's Mayor Office, stated this
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. A 2.2% price growth was registered in the Armenian food commodity market in August 2006 compared with December 2005, and a 8.9% price growth - compared with
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. A 2.7% growth in consumer prices was registered in August 2006 on December 2005, with the Armenian dram appreciating by 10.6% against the US dollar. According to
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. The tariffs of services delivered to the population in August declined by 0.2% compared with July, which was mainly conditioned by a 1.7%, 0.5% and 0.2% decline
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. On September 1, RA President Robert Kocharian paid a working visit to Vayots Dzor and Syunik regions. According to the report submitted to Noyan Tapan from RA
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. A 2% growth in the prices of gasoline was registered in Armenia in August on July 2006. The prices of diesel fuel grew by 5.8%
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The UNICEF and the RA Ministry of Education and Science on September 1 organized an event on the occasion of the new educational year in the
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The index of consumer prices made 102.7% in Armenia in August 2006 on December 2005, 101.5% in January-August 2006 on January-August 2005, 107.2% - on August 2005,
YEREVAN, AUGUST 31, NOYAN TAPAN. The Armenian-Indian cooperation in the gem and jewellery industry can produce good results, especially in terms of setting up joint ventures. Gagik Mkrtchian, Head of the Gem
YEREVAN, AUGUST 31, NOYAN TAPAN. 60 Armenian specialists are undergoing training in India with scholarships of the Indian government under the Technical and Economic Cooperation Program of this country. The Indian Ambassador
YEREVAN, AUGUST 31, NOYAN TAPAN. The Chamber of Commerce and Industry of the Republic of Armenia and Venice's Chamber of Commerce are implementing a joint technical assistance program with the aim of
YEREVAN, AUGUST 31, NOYAN TAPAN. The first visit of a delegation of India's Jewelry Export Promotion Council to Armenia is scheduled for August 31-September 2. According to the RA Ministry of Trade
YEREVAN, AUGUST 30, NOYAN TAPAN. Speaker for the RA President Victor Soghomonian failed to receive any "official confirmation" that China and Kazakhstan intend to participate in the construction of Kars-Tbilisi-Baku railway. He
YEREVAN, AUGUST 30, NOYAN TAPAN. At the August 29 sitting, the Central Bank of Armenia (CBA) Board raised the repo interest rate by 0.25% to 4.5%. This was the third step
YEREVAN, AUGUST 30, NOYAN TAPAN. Taking into account the fact that Renaissance Insurance company's operating licence was suspended twice in 2006, the Central Bank of Armenia (CBA) Board on August 29 made
YEREVAN, AUGUST 30, NOYAN TAPAN. Eleven Armenian banks (ACBA, Anelik Bank, ArmSwissBank, Armenian Development Bank, ArtsakhBank, BTA InvestBank, HSBC Armenia, InecoBank, Melat Bank, VTB Bank - Armenia) have jointly bought 50.1% of
YEREVAN, AUGUST 30, NOYAN TAPAN. Starting September, the newly established farm Dili (Dilijan) will become the first one to produce Mozzarella and Mozzarella-Pizza cheeses in Armenia. Ashot Tamrazian, founder and head of
HRAZDAN, AUGUST 29, NOYAN TAPAN. The harvest of grain has completed on 10 thousand hectares in low-lying regions of Kotayk marz. Mher Eghiazarian, head of the agriculture department of the Kotayk regional
YEREVAN, AUGUST 28, NOYAN TAPAN. "Armenia's water system is corrupted". Artashes Barseghian, chairman of the NGO "Development of Civil Society Rights", and Hovik Arsenian, lawyer of the same NGO, made this statement
YEREVAN, AUGUST 28, NOYAN TAPAN. Only 27 elevators were registered in May 2006 at the National Technical Safety Center (NTSC) of the RA Ministry of Trade and Economic Development. In July their
YEREVAN, AUGUST 28, NOYAN TAPAN. 10 bln drams (about 25 mln USD) was allocated by the 2006 state budget to the sphere of education. Out of this sum, about 1 bln
YEREVAN, AUGUST 25, NOYAN TAPAN. During the August 25 working meeting with the Armenian President Robert Kocharian, Mayor of Yerevan Yervand Zakharian presented the implementation of programs related to various sectors of
GYUMRI, AUGUST 25, NOYAN TAPAN. An alarm call was received on August 22 that 10-15 head of cattle in the pasture "Artik Woodlands" in Shirak marz showed symptoms of foot-and-mouth disease. According
YEREVAN, AUGUST 24, NOYAN TAPAN. A specialized exhibition of Iranian construction production will be held at the Sport and Culture Center after Karen Demirchian in Yerevan on November 3-11. According to the
YEREVAN, AUGUST 24, NOYAN TAPAN. At the August 24 sitting, the Armenian government made a decision to allocate 300 mln drams (about 750 thousand USD) from its 2006 reserve fund to
YEREVAN, AUGUST 24, NOYAN TAPAN. The Armenian Foreign Ministry has not received any information from the appropriate bodies of the Russian Federation about the opening of the Verin Lars (Upper Lars) border
YEREVAN, AUGUST 24, NOYAN TAPAN. The level of relations between Ukraine and Armenia is quite high. The Ukrainian Ambassador to Armenia Olexandr Bozhko stated this in an interview with NT correspondent. He
YEREVAN, AUGUST 24, NOYAN TAPAN. The second economic forum Armenia-Diaspora to be held on September 20 will have up to 1,000 participants, while the similar event in 2003 had about 800 participants.
GYUMRI, AUGUST 24, NOYAN TAPAN. On August 22, 10-15 head of cattle had symptoms of foot-and-mouth disease at the pasture "Artik Woodlands" of Shirak marz. According to the veterinary of the city
YEREVAN, AUGUST 23, NOYAN TAPAN. The second fair of Armenian production "Golden Pomegranate" will be held in Revolution Square (Moscow) on September 9-10. 35-40 enterprises have applied to the Armenian Development Agency
YEREVAN, AUGUST 23, NOYAN TAPAN. The famous American businessman, Chairman of Huntsman Corporation Jon Huntsman, who is once again in Armenia with some serious programs related to education and health care, has
YEREVAN, AUGUST 23, NOYAN TAPAN. "A multifactor analysis is necessary in order to ascertain causes of the 6.8% decline in the gross agricultural output in January-July 2006 on the same period of
YEREVAN, AUGUST 23, NOYAN TAPAN. A statistical system to evaluate the expenses of arriving and departing tourists will be introduced in Armenia within a year. Vahe Danielian, member of the State
YEREVAN, AUGUST 22, NOYAN TAPAN. The monthly cost of the food basket calculated by the RA National Statistical Service (NSS) made 19,319 drams (about 44 USD) in the second quarter of 2006,
YEREVAN, AUGUST 22, NOYAN TAPAN. The repaired building of Ardshininvestbank's Shengavit branch was put into operation on August 22. A cash dispenser, the 17th one on the list of the bank's cash
YEREVAN, AUGUST 22, NOYAN TAPAN. In 2006, the RA National Statistical Service (NSS) put in use the statistical report form of information technology (IT) enterprises, Head of the NSS Stepan Mnatsakanian stated
YEREVAN, AUGUST 22, NOYAN TAPAN. The RA National Statistical Service and the RA Ministry of Agriculture have jointly developed the draft law on total stock-taking of agriculture, Head of the RA National
YEREVAN, AUGUST 22, NOYAN TAPAN. Implementation of projects of 570 mln drams (about 1 mln 425 thousand USD) is envisaged for the realization of Yerevan's master plan this year. Chief Architect of
YEREVAN, AUGUST 22, NOYAN TAPAN. At the August 22 working meeting with the Armenian President Robert Kocharian, the governor of Gegharkunik marz Arsen Grigorian presented the main problems of the marz and
YEREVAN, AUGUST 21, NOYAN TAPAN. In January-July 2006, Armenia's GDP made 1 trillion 92 billion 907 million drams (about 2 bln 483.4 mln USD), exceeding the respective index of last yeqar by
YEREVAN, AUGUST 21, NOYAN TAPAN. To promote the formation and activities of high technology companies in Armenia, it is necessary that 40-50 venture funds on program financing operate at the same time
YEREVAN, AUGUST 21, NOYAN TAPAN. The company Synopsys Armenia, a branch of Synopsys (US) - international leader in chip design and production of chip design programming tools, will be located in the
YEREVAN, AUGUST 21, NOYAN TAPAN. Experts of Viasphere Park have created a solar power station, which is one of the most efficient ones by international standards. Its model is operating now at
YEREVAN, AUGUST 21, NOYAN TAPAN. It is possible to set up 7-8 technoparks, in particular those of laser technologies, microbiology, superhigh frequency equipment, precision instrument making, on the basis of some institutions
YEREVAN, AUGUST 18, NOYAN TAPAN. At the August 18 sitting, the Armenian government approved the concept on regulation of value added tax (VAT) payment from the sale of agricultural products. NT was
YEREVAN, AUGUST 15, NOYAN TAPAN. 122,528 tourists came to Armenia in the first half of 2006 against 109,750 ones in the same months of last year (a 11.6% increase). According to
YEREVAN, AUGUST 15, NOYAN TAPAN. The Armenian President Robert Kocharian is going on a working visit to Sochi on August 15 where a regular summit of the Eurasian Economic Community's (EurAsEC) Interstate
VANADZOR, AUGUST 14, NOYAN TAPAN. "Today the most serious problem faced by Armenia is a disproportion between the development of Yerevan and the marzes," Armenian President Robert Kocharian stated at a press
VANADZOR, AUGUST 14, NOYAN TAPAN. The small energy sector is gathering momentum in Armenia: 40 newly built small hydropower plants are operating in the country, the construction of more than 50 ones
VANADZOR, AUGUST 14, NOYAN TAPAN. A rapid development of tourism is taking place in Armenia thanks to the fact that the business repsonds correctly to market processes, which is evident from improved
VANADZOR, AUGUST 14, NOYAN TAPAN. It is expected that the big specialized Russian company (its name was not indicated) that has been conducting negotiations with the Armenian side on the purchase of
YEREVAN, AUGUST 14, NOYAN TAPAN. It is likely that in November 2006 the Armenian government will make a decision to pay back the 10% profit taxes charged from the compensations given to
YEREVAN, AUGUST 11, NOYAN TAPAN. A sociological survey conducted under the program "Social Initiative on Consumer Rights Protection in Armenia's Public Service Sector" has identified the public service sector's problems that most concern
YEREVAN, AUGUST 10, NOYAN TAPAN. Under the RA Law on Excise Tax, the Armenian government made a decision at its sitting on August 10 to put in circulation excise stamps "Tobacco"
YEREVAN, AUGUST 10, NOYAN TAPAN. The Canadian company Dundee Precious Metals (DPM) purchased a large stake of Deno Gold Mining Company (DGMC) CJSC (Armenia), which was founded in 2004, and intends to
YEREVAN, AUGUST 10, NOYAN TAPAN. At the August 10 sitting, the RA government approved the draft law on making an addition to the RA Law on Licensing and the draft law
YEREVAN, AUGUST 10, NOYAN TAPAN. The total amount of services delivered in January-June 2006 at current prices made 204 bln 809.9 mln drams (about 461.4 mln USD), increasing by 21.1% on the
YEREVAN, AUGUST 9, NOYAN TAPAN. In 2005, Armenian households received remittances equivalent to about 940 mln USD, 97% of this amount was in dollars. Karine Karapetian, head of the Foreign Section Statistics
ARMAVIR, AUGUST 9, NOYAN TAPAN. Over the last three years, the areas under gain crops in Armavir marz have been reduced almost to half - from 22 thousand ha to 12
YEREVAN, AUGUST 9, NOYAN TAPAN. In January-June 2006, trade conducted in Armenia's shops and consumer goods markets accounted for a large share of retail trade - 77.7% (249 bln 327.7 mln drams
YEREVAN, AUGUST 9, NOYAN TAPAN. In January-June 2006, the volume of the Armenian consumer market made 635 bln 920.3 mln drams (about 1 bln 432.7 USD), exceeding the index of the
YEREVAN, AUGUST 9, NOYAN TAPAN. In January-June 2006, construction work of 165 bln 624.9 mln drams (about 373.1 mln USD) was done in Armenia, including construction of production facilities of 57 bln
YEREVAN, AUGUST 8, NOYAN TAPAN. In 2005-2006 alone, 68 small enterprises have been set up in Armenia's agriculture. These enterprises need serious financial and legislative assistance. The RA Minister of Agriculture Davit
YEREVAN, AUGUST 8, NOYAN TAPAN. The appreciation of the Armenian dram gathered a new speed recently. On August 8, the dollar's exchange rate fell below 400 drams: a US dollar can
ARMAVIR, AUGUST 8, NOYAN TAPAN. 2 mln euros has been earmarked for the construction of a new cleaning station in Metsamor under the credit program of KfW Bank (Germany). Norik Gevorgian, Director
YEREVAN, AUGUST 8, NOYAN TAPAN. In January-June 2006, industrial production of 300 bln 688.5 mln drams (about 677.4 mln USD) was manufactured in Armenia. Production of 305 bln 240.4 mln drams was
YEREVAN, AUGUST 7, NOYAN TAPAN. Since August 6, Armenia has been almost deprived of Internet communication for two days because of the damage of the cable on the Black Sea bed.
YEREVAN, AUGUST 7, NOYAN TAPAN. The number of crimes fixed in Armenia during the first half year of 2006 increased 9.9% or by 434 cases compared with the same period of
YEREVAN, AUGUST 7, NOYAN TAPAN. 607 traffic accidents were fixed in Armenia in the first half year of 2006, in the consequence of what 111 people died and 825 people got
YEREVAN, AUGUST 7, NOYAN TAPAN. At the August 7 sitting, the RA State Commission on Protection of Economic Competition approved the results of studies in several commodity markets.
YEREVAN, AUGUST 4, NOYAN TAPAN. The foreign trade deficit has increased to about 35% of GDP in Armenia. No such index has ever been registered in any other country. Economist Eduard Aghajanov
YEREVAN, AUGUST 4, NOYAN TAPAN. Based on a report submitted by the National Assembly Control Chamber, the RA Prosecutor General's Office registered a number of mistakes made by the government during the
IJEVAN, AUGUST 4, NOYAN TAPAN. The territory near the former market of Bagratashen is a customs, bordering zone and must be set free, and the trade implemented there must be organized in
YEGHEGNADZOR, YEREVAN, AUGUST 4, NOYAN TAPAN. A problem of supplying irrigation water exists in the rural community of Agarakadzor of the marz of Vayots Dzor which has enough reserves of water. Plots
KAPAN, AUGUST 3, NOYAN TAPAN. 145 grain harvest combiners are now operating in Syunik marz, mainly in Sisian and Goris regions. NT correspondent was informed from Kajik Khachatrian, head of the agriculture
ARMAVIR, AUGUST 3, NOYAN TAPAN. "Armavir marz is one of the best Armenian regions and a leading one in the agricultural sector," RA Minister of Agriculture Davit Lokian stated during his visit
YEREVAN, AUGUST 2, NOYAN TAPAN. Since 1993 when the United Nations' World Food Program (WFP) started operating in Armenia, it has made a significant contribution to the community development through investments aimed
YEREVAN, AUGUST 2, NOYAN TAPAN. The total amount of loans provided by the Armenian banks to residents in the second quarter of 2006 made 220.8 bln drams (about 525.7 mln USD), exceeding
YEREVAN, AUGUST 2, NOYAN TAPAN. As of late June, the overall balance capital of the 13 credit institutions registered in Armenia made 5 bln 652 mln drams (about 13.4 mln USD), exceeding
YEREVAN, AUGUST 1, NOYAN TAPAN. Consumer prices grew by 3.6% in July 2006 on December 2005, including a 4.3% increase in food commodity prices (including alcoholic drinks and cigarettes), a 2.2% increase
YEREVAN, AUGUST 1, NOYAN TAPAN. At the July 31 sitting, the Central Bank of Armenia (CBA) Board made a decision to raise the refinancing (repo) interest rate by 0.25 percentage points
VANADZOR, AUGUST 1, NOYAN TAPAN. The frost in April and May was followed by a drought and heavy rains that had quite serious consequences for the agriculture of Lori marz. Vazgen
YEREVAN, AUGUST 1, NOYAN TAPAN. A series of events on the information technologies (IT) sector started with a summer school for children engaged in computer programming, which will be followed by an
YEREVAN, AUGUST 1, NOYAN TAPAN. The Vallex Mining company is conducting a geological survey in the Margahovit ore field near the city of Vanadzor, where, according to preliminary information, there are gold
KAPAN, AUGUST 1, NOYAN TAPAN. The mobile and intercity phone communication failed again in Syunik marz from July 31, 4 pm to August 1, 1 am. Grisha Grigorian, head of the
CAIRO, AUGUST 1, NOYAN TAPAN. The delegation headed by the RA Deputy Minister of Agriculture Samvel Galstian paid a working visit to Egypt on July 25-30 with the aim of promoting
YEREVAN, AUGUST 1, NOYAN TAPAN. In accordance with the RA Law on State Regulation of Technical Safety that took effect on January 1, 2006, the person operating a dangerous production facility has
KAPAN, AUGUST 1, NOYAN TAPAN. RA Prime Minister Andranik Margarian who visited the marz of Syunik on July 28-30 got acquainted at place with the process of construction of the Iran-Armenia gas
YEREVAN, AUGUST 1, NOYAN TAPAN. It is already a week that works of making inventory of the Yerevan "Kozern" district have started. As Yerevan Mayor Yervand Zakharian informed at the July 31
YEREVAN, AUGUST 1, NOYAN TAPAN. By RA President Robert Kocharian's July 27 decree, Hrachia Petrosian was dicharged the post of a member of the RA State Council on Statistics on the occasion
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YEREVAN, JUNE 30, NOYAN TAPAN. Consumer prices grew 4.3% in Armenia in June 2006 on December 2005, including a 6.7% increase in the prices of food commodities (including alcoholic drinks and cigarettes),
YEREVAN, JUNE 30, NOYAN TAPAN. Starting July 1, the holders of ArCa cards will be given an opportunity to make utility payments and purchase prepaid cards, goods and services through the Internet
YEGHEGNADZOR, JUNE 30, NOYAN TAPAN. The Union of Public Defenders (UPD) held a seminar-meeting with regional and city authorities, local NGOs and mass media representatives on June 29.
YEREVAN, JUNE 30, NOYAN TAPAN. The issue of joint MasterCard Standard and MasterCard Cold plastic cards by Anelik Bank (Armenia) and Czech Airlines is of current importance in terms of improving the
ARMAVIR, JUNE 29, NOYAN TAPAN. The repaired water supply system of Armavir started operating on June 29, after two months' interruption, thanks to which 70% of the city population has been provided
YEREVAN, JUNE 29, NOYAN TAPAN. At the June 29 sitting, the Armenian government approved the "Direct Agreement" to be signed by the Armenian government, Armenia International Airports CJSC, European Bank for Reconstruction
YEREVAN, JUNE 29, NOYAN TAPAN. At the June 29 sitting, the Armenian government approved the Order of Organization of Traffic Movement. According to the RA Government Information and PR Department, the decision
YEREVAN, JUNE 29, NOYAN TAPAN. At the June 29 sitting, the Armenian government made a decsion to allocate 115 mln 64.8 thousand drams from its 2006 state budget-envisahed reserve fund to the
ASHTARAK, JUNE 29, NOYAN TAPAN. The RA Minister of Agriculture Davit Lokian was in Aragatsotn marz on June 28. Deputy governor of Aragatsotn marz Sargis Sahakian told NT correspondent that the minister
YEREVAN, JUNE 28, NOYAN TAPAN. Ardshininvestbank CJSC has 51 branches in all Armenian marzes. The bank's overall capital makes over 10 bln drams (about 24 mln USD). The bank manages assets of
HRAZDAN, JUNE 28, NOYAN TAPAN. Haymaking has begun in the low-lying regions of Kotayk marz. However, NT correspondent was informed from the agriculture department of the Kotayk regional administration that according to
YEREVAN, JUNE 28, NOYAN TAPAN. The Armenian President Robert Kocharian on June 27 signed the RA Law on the 2006-2007 Program of State Property Privatization. NT was informed about it from the
YEREVAN, JUNE 28, NOYAN TAPAN. The RA Ministry of Nature Protection expects some explanations from Global Gold Mining (GGM) company regarding the concessional payment for Getik area. Head of the Earth's entrails
ASTRAKHAN, JUNE 28, NOYAN TAPAN. The Armenian official delegation headed by the governor of Ararat marz Alik Sargsian has been on a visit to the Astrakhan region (Russia) on June 26-28. Within
YEREVAN, JUNE 28, NOYAN TAPAN. The Ararat Gold Recovery Company (AGRC) intends to sue the RA Ministry of Nature Protection soon. AGRC lawyer Armen Ter-Tachatian told NT correspondent that the ministry prepared
YEREVAN, JUNE 27, NOYAN TAPAN. The Armenian President Robert Kocharian on June 27 received the delegation of the International Scientific and Technical Center (ISTC), headed by V. Aless, Chairman of the US
ASHTARAK, JUNE 27, NOYAN TAPAN. Haymaking is in full swing in Talin region of Aragatsotn marz. But it is not in all comunities that the work is well organized and proceeds
ASHTARAK, JUNE 27, NOYAN TAPAN. A heavy hail that lasted for about 20 minutes on June 26 has caused damage to fruit gardens and sowing areas in the Tsakhkahovit, Norashen, Geghadzor, Hnaberd,
YEREVAN, JUNE 27, NOYAN TAPAN. More than 11% of Yerevan's population does not have even a 4-hour water supply, which is not in line with the requirements of the RA Public
GAVAR, JUNE 27, NOYAN TAPAN. The Paid Public Work Program is gathering momentum in the city of Gavar. The stairs leading to Freedom Stret of the city are being repaired and
ARMAVIR, JUNE 27, NOYAN TAPAN. This year the harvest of grain crops in Armavir marz began on June 22 - two weeks earlier than last year because of the high temperature
YEREVAN, JUNE 26, NOYAN TAPAN. An Armenian company, which was announced the winner of an international tender, will carry out the work on designing an Armenian-Georgian high-voltage line. According to the head
YEREVAN, JUNE 26, NOYAN TAPAN. The name of the purchaser of 90% of the ArmenTel Company's shares will become known in late July or early August. RA Minister of Transport and
YEREVAN, JUNE 26, NOYAN TAPAN. The 4th regular sitting of the Armenian-Bulgarian intergovernmental commission on trade, economic, scientific and technical cooperation is taking place in Yerevan on June 26-27. The commission's Armenian
CAIRO, JUNE 26, NOYAN TAPAN. The Armenian Ambassador to Egypt Ruben Karapetian was on a working visit to Alexandria, an industrial center of Egypt, on June 21-22 with the aim of discussing
YEREVAN, JUNE 26, NOYAN TAPAN. 6 weeks ago the RA Ministry of Nature Protection deprived the Global Gold Mining (GGM) company of its licence for exploration of the Marjan gold mine (Sisian).
YEREVAN, JUNE 26, NOYAN TAPAN. During the June 26 meeting, the RA Minister of Territorial Administration, Co-Chairman of the Armenian-Egyptian Intergovernmental Commission Hovik Abrahamian and Egypt's Deputy Foreign Minister Fatma Zahra pointed out
YEREVAN, JUNE 26, NOYAN TAPAN. The Armenian Prime Minister Andranik Margarian will go on a working visit to Georgia on July 7 in order to participate in the regular sitting of
KAPAN, JUNE 24, NOYAN TAPAN. 12,360 ha was sown with autumn crops and 8,400 ha with spring crops in Syunik marz. However, 80% of spring grain crops have failed because of
GAVAR, JUNE 23, NOYAN TAPAN. A nearly 40-day drought has already caused damage of about 47 bln drams (about 112 mln USD) to farms of Gegharkunik marz. Vanik Hovhannisian, head of the
YEREVAN, JUNE 23, NOYAN TAPAN. In the third quarter of 2006, the composite economic indices of Armenia were below 100 points. The business environment index made 97.9, the economic activity index - 99.4,
YEREVAN, JUNE 23, NOYAN TAPAN. The company Global Gold Mining (GGM) envisages to invest 54.6 mln USD for operation of Hankavan mine. Ashot Poghosian, director of the company's Armenian subsidiary, told reporters on
ASHTARAK, JUNE 23, NOYAN TAPAN. The process of installing a gas supply network in Aragatsavan - one of the largest settlements of Aragatsotn marz started in early 2005 but was later discontinued
YEREVAN, JUNE 23, NOYAN TAPAN. This year the company Global Gold Mining (GGM) intends to extract the first 75 thousand tons of ore from Tukhmanuk mine (Aragatsotn marz). Director of the company's
YEREVAN, JUNE 23, NOYAN TAPAN. Global Gold Mining (GGM), a company engaged in mineral resource mining in Armenia, operates based on the licences granted by the RA ministry of nature protection and
YEREVAN, JUNE 22, NOYAN TAPAN. The OTE company (Greece) on June 22 published the shortlist of four companies that will be allowed to participate in the second round of the tender for
YEREVAN, JUNE 22, NOYAN TAPAN. At the June 22 sitting, the Armenian government made an amendment to the decision No.220 of March 3, 2005 on making an addition to the RA government's
HRAZDAN, JUNE 22, NOYAN TAPAN. Demand for irrigation water has sharply increased in all the regions of Kotayk marz due to a dry weather. Arshavir Khachatrian, head of the water industry department
YEREVAN, JUNE 22, NOYAN TAPAN. Starting mid September, Transeuroenergy Corporation (Canada) will start drilling near the Armenian settlements of Armavir, Karmir and Shoghaghbyur with the aim of prospecting for oil and gas. During
YEREVAN, JUNE 22, NOYAN TAPAN. The international integration assistance center Master will publish the second catalogue "National Export Register - Armenia 2006-2007" in September 2006. NT correspondent was informed from the center that
YEREVAN, JUNE 22, NOYAN TAPAN. At the June 22 sitting, the Armenian government approved the Geneva Action Plan aimed at formation of the information society and the list of state governance bodies responsible
YEREVAN, JUNE 22, NOYAN TAPAN. In accordance with the Law on the Budgetary System of the RA, the Armenian government decided at the June 22 sitting to increase the revenues and expenditures
YEREVAN, JUNE 22, NOYAN TAPAN. A 6.6% and 0.5% growth was registered in the prices of gasoline and diesel fuel in Armenia in May on April 2006.
YEREVAN, JUNE 21, NOYAN TAPAN. In January-May 2006, Armenia's GDP made 566 bln 577.5 mln drams (about 1 bln 263 mln USD), exceeding by 10.5% the respective index of last year. According
YEREVAN, JUNE 21, NOYAN TAPAN. Issues related to development of small and medium business were discussed during the June 21 meeting of Robert Kocharian and a number of representatives of the sector.
GAVAR, JUNE 21, NOYAN TAPAN. A consultation took place in Gegharkunik marz on June 20 with the participation of the RA Minister of Agriculture Davit Lokian, and the RA National Assembly deputies
IJEVAN, JUNE 21, NOYAN TAPAN. The construction of a road, which links the village of Bagratashen with the motorway by bypassing the Bagratashen crossing point, started in May. Levon II LLC (Noyemberian)
YEREVAN, JUNE 21, NOYAN TAPAN. In parallel with a 2.4% price growth on Armenia's consumer market in May 2006, the Armenian dram appreciated by 2.3% against the US dollar.
YEREVAN, JUNE 21, NOYAN TAPAN. A 4.6% price growth was registered in the Armenian food commodity market in May 2006. According to the RA National Statistical Service, a 0.1-27.4% price growth was
YEREVAN, JUNE 21, NOYAN TAPAN. The 0.1% growth in tariffs of services provided to the Armenian population in May 2006 was mainly due to a 0.6% increase in transport tariffs (conditioned by
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