YEREVAN, NOVEMBER 1, NOYAN TAPAN. By preliminary data of the Central Bank of Armenia (CBA), the monetary base made 333 bln 14 mln drams (about 1
YEREVAN, NOVEMBER 1, NOYAN TAPAN. According to preliminary data of the RA ministry of finance and economy, revenues and official transfers of the RA state budget
YEREVAN, NOVEMBER 1, NOYAN TAPAN. In January-September 2007, trade turnover amounted to 911 bln 618 mln drams in current proces (about 2.6 mln USD), growing by
YEREVAN, NOVEMBER 1, NOYAN TAPAN. According to data of the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, 2,785 commercial
YEREVAN, NOVEMBER 1, NOYAN TAPAN. By the 2008 draft state budget, 54.6 bln drams will be allocated to health care, which is more by 9.5 bln
YEREVAN, OCTOBER 31, NOYAN TAPAN. The 2008 draft state budget envisages expenditures of 218.9 bln drams on social protection, which makes up 26.7% of the budget's
YEREVAN, OCTOBER 31, NOYAN TAPAN. By the 2008 draft state budget, expenditures on recreation, culture and religion (without expenditures on the central staff of state governance bodies)
YEREVAN, OCTOBER 31, NOYAN TAPAN. By the 2008 draft state budget, expenditures on the sphere of education will make 103 bln 684 mln drams, which exceeds
YEREVAN, OCTOBER 31, NOYAN TAPAN. By the 2008 draft state budget, expenditures on the sphere of science will make about 6.8 bln drams. The growth of
YEREVAN, OCTOBER 31, NOYAN TAPAN. The design work and technical studies on construction of the 5th power unit of the Hrazdan Thermal Power Plant have already
YEREVAN, OCTOBER 31, NOYAN TAPAN. The technical task on geological survey of uranium mines in the south of Armenia will be prepared by late 2007. The
YEREVAn, OCTOBER 31, NOYAN TAPAN. In January-September 2007, industrial production of 509 bln 443.1 mln drams (over 1 bln 453.8 mln USD) was made in Armenia.
YEREVAN, OCTOBER 31, NOYAN TAPAN. In January-September 2007, construction of 418 bln 669.6 mln drams (about 1 bln 194.8 mln USD), including construction of production facilities
YEREVAN, OCTOBER 31, NOYAN TAPAN. Feasibility studies are being done with the aim of constructing a new nuclear power-generating unit in Armenia. In all likelihood these studies
YEREVAN, OCTOBER 31, NOYAN TAPAN. In January-September 2007, monetary incomes of the Armenian population amounted to 1 trillion 492 billion 635.7 million drams (about 4 bln
YEREVAN, OCTOBER 30, NOYAN TAPAN. The introduction of compulsory insurance of vehicle owners' responsibility to third persons in Armenia will significantly promote the development of the market
YEREVAN, OCTOBER 30, NOYAN TAPAN. Ingosstrakh company (Russia) has received a CBA (Central Bank of Armenia) licence allowing it to reinsure risks of Armenian insurance companies, Valentin
YEREVAN, OCTOBER 30, NOYAN TAPAN. During the first year of its activities - in 1997, Efes insurance company collected insurance premiums of 7 thousand dollars, while
YEREVAN, OCTOBER 30, NOYAN TAPAN. This year the Yerevan Brandy Company (YBC) has purchased 29 thousand tons of grapes, which is more by a thousand tons
YEREVAN, OCTOBER 30, NOYAN TAPAN. By the 2008 draft state budget, 127 million drams is envisaged for expenditures on the staff of the RA ombudsman, which
YEREVAN, OCTOBER 30, NOYAN TAPAN. The Armenian president Robert Kocharian on October 29 signed the RA Law on Putting Organizations and Natural Persons on the Tax
YEREVAN, OCTOBER 30, NOYAN TAPAN. By the 2008 draft state budget, the total amount of subsidies to be given to local government bodies of Yerevan's 12
YEREVAN, OCTOBER 30, NOYAN TAPAN. The 7th international tourism exhibition "How To Organize Recreation in Armenia and Abroad" will be held in Yerevan on November 2-4
YEREVAN, OCTOBER 30, NOYAN TAPAN. By the 2008 draft state budget, the total amount of expenditures on maintenance of state governance bodies is programmed to make
YEREVAN, OCTOBER 30, NOYAN TAPAN. According to the RA draft state budget, it is envisaged to allocate nearly 660m drams and 717m drams (nearly 2.2m USD),
YEREVAN, OCTOBER 29, NOYAN TAPAN. The RA minister of finance and economy Vardan Khachatrian takes the view that although the 2008 state budget contains some risks,
YEREVAN, OCTOBER 29, NOYAN TAPAN. Current and future programs of cooperation, and issues related to the Armenian banking system were discussed at the October 29 meeting
YEREVAN, OCTOBER 29, NOYAN TAPAN. Employees of the State Tax Service (STS) recently revealed the large-scale production of spirit, vodka and flour without operation licences in
YEREVAN, OCTOBER 29, NOYAN TAPAN. The discussion of the 2008 draft state budget started at the joint sitting of the National Assembly standing committees on October
YEREVAN, OCTOBER 26, NOYAN TAPAN. ArmenTel CJSC has applied to the RA Public Services Regulatory Commission for permission to extend the term of signing written agreements
YEREVAN, OCTOBER 26, NOYAN TAPAN. The opening ceremony of the 90.7-km Kapan-Shikahogh-Meghri alternative motorway took place on October 26 with the participation of the Armenian president Robert
YEREVAN, OCTOBER 26, NOYAN TAPAN. Sibir Avia airline may increase the number of its flights starting from next year - after completion of the repairs of
YEREVAN, OCTOBER 26, NOYAN TAPAN. Since liberalization of Internet international services in Armenia on October 1, a fall in prices of Internet access channels' provision and
YEREVAN, OCTOBER 26, NOYAN TAPAN. The regular holding of DigiTech exhibitions on information, communication and high technologies in Yerevan shows that this sector of the Armenian economy
YEREVAN, OCTOBER 25, NOYAN TAPAN. The RA National Assembly "Orinats Yerkir Party" (OYP) faction proposes delaying the operation of the Teghut mine by Armenian Copper Program
ANKARA, OCTOBER 25, NOYAN TAPAN. The 17th meeting of the council of foreign ministers of the Black Sea Economic Cooperation Organization's (BSEC) member states was held
GYUMRI, OCTOBER 25, NOYAN TAPAN. Repaired Shirak Airport of Gyumri will be put into operation on November 19. Asphalt laying and major repairs of the 2,850-meter
YEREVAN, OCTOBER 25, NOYAN TAPAN. As of September 30, 2007, 20 credit organizations with 35 branches operated in Armenia. According to data of the Central Bank
YEREVAN, OCTOBER 25, NOYAN TAPAN. At the morning sitting on October 25, the RA National Assembly passed in first reading a package of bills prepared by
YEREVAN, OCTOBER 25, NOYAN TAPAN. As of September 30, 2007, 21 commercial banks with 318 branches operated in Armenia. According to data of the Central Bank
YEREVAN, OCTOBER 25, NOYAN TAPAN. The RA Ministry of Trade and Economic Development is currently developing a new long-term (for 20-30 years) concept on tourism development,
YEREVAN, OCTOBER 24, NOYAN TAPAN. During the 5th Armenia - Artsakh - Slovakia business forum held in Yerevan on October 19-20, the Slovakian side proposed that
YEREVAN, OCTOBER 24, NOYAN TAPAN. The results of th 5th Armenia - Artsakh - Slovakia business forum held in Yerevan on October 19-20 are satisfactory both
YEREVAN, OCTOBER 24, NOYAN TAPAN. A study conducted by the Eurasia Foundation shows that Armenian businessmen allocate only 1% of their annual incomes to the social
YEREVAN, OCTOBER 24, NOYAN TAPAN. "Protection of Armenian Consmer Rights" NGO will soon submit a draft law, according to which companies should be fined in the
YEREVAN, OCTOBER 23, NOYAN TAPAN. The Armenian Tourism Development Agency (ATDA) has signed a 8-year cooperation agreement with the Dutch organization CBI (Centrum tot Bevordering van de
YEREVAN, OCTOBER 23, NOYAN TAPAN. On the initiative of the Armenian Society of Travel Agents (ASTA), "Country of Talking Stones" tourism exhibition will be held in
YEREVAN, OCTOBER 23, NOYAN TAPAN. The Central Bank of Armenia (CBA) has assigned ratings to 3 enterprises. NT was informed by the CBA press service that
YEREVAN, OCTOBER 23, NOYAN TAPAN. No rise in granulated sugar prices is envisaged within a year, while the country's stock of granulated sugar currently will suffice
YEREVAN, OCTOBER 23, NOYAN TAPAN. The Iranian side recently expressed a willingness to promote transit transportation of Armenian goods through its territory to the ports of Bendaraabbas
YEREVAN, OCTOBER 23, NOYAN TAPAN. Synopsys company (US), the world leader in electronic automated design, has introduced the principle of "green design" aimed at reduction of
YEREVAN, OCTOBER 23, NOYAN TAPAN. On October 22, 2007, the Central Bank of Armenia (CBA) put into circulation the silver commemorative coins "Armenian Viper" and "Trout"
YEREVAN, OCTOBER 23, NOYAN TAPAN. It is necessary that the interdepartmental working group set up by instruction of the Armenian president envisage the goals of the
YEREVAN, OCTOBER 22, NOYAN TAPAN. The urban development programs in Yerevan are being implemented by the schedule and will be completed within the scheduled period. The
YEREVAN, OCTOBER 19, NOYAN TAPAN. The Armenian High-Tech Virtual Community Portal of the Union of Information Technology Enterprises (UITE) will be put into operation in mid
YEREVAN, OCTOBER 22, NOYAN TAPAN. During the annual conference of the International Monetary Fund (IMF) and the World Bank (WB) in Washington on October 22, Converse
YEREVAN, OCTOBER 19, NOYAN TAPAN. The commodity turnover between Armenia and Slovakia is growing year by year, with the sides being interested in carrying out economic,
YEREVAN, OCTOBER 19, NOYAN TAPAN. In January-September 2007, Armenian GDP grew by 13.2% on the same period of 2006 and made 2 trillion 16 billion 623.2
YEREVAN, OCTOBER 19, NOYAN TAPAN. The Armenian president Robert Kocharian on October 19 received the delegation heeded by Nikolay Ryzhkov, co-chairman of the Armenian-Russian interparliamentary cooperation commission,
YEREVAN, OCTOBER 19, NOYAN TAPAN. During the Yerevan meeting with the mayor of Marseilles, senator Jean-Claude Gaudin, the Armenian president Robert Kocharian appreciated the mayor's consistent policy
YEREVAN, OCTOBER 18, NOYAN TAPAN. About 50 foreign companies, state and educational institutions will participate in the third international exhibition-forum of information and communication technologies "DigiTech 2007".
YEREVAN, OCTOBER 18, NOYAN TAPAN. At the October 18 sitting, the Armenian government approved the bill on making an addition to the RA Law on the
YEREVAN, OCTOBER 18, NOYAN TAPAN. The initiative "Fruitful Armenia" has organized the conference "Paths of Food. Let's Identify the Potential for Armenia's Development" in Yerevan on October
YEREVAN, OCTOBER 17, NOYAN TAPAN. This year Armenia participated for the first time in the annual international tourism exhibition "TopResa Travel Market Show" held in the French
YEREVAN, OCTOBER 17, NOYAN TAPAN. Over the last 4 years, the Food and Agriculture Organization (FAO) of the United Nations has implemented 27 programs in Armenia
YEREVAN, OCTOBER 17, NOYAN TAPAN. A European conference of the Food and Agriculture Organization (FAO) of the United Nations will be held in Armenia in 2010,
YEREVAN, OCTOBER 17, NOYAN TAPAN. Tierras de Armenia company (Argentina) will build an agricultural produce processing plant in the village of Arevadasht (Armavir marz). The company's technical
YEREVAN, OCTOBER 16, NOYAN TAPAN. The RA Public Services Regulatory Commission at its October 16 sitting made a decision on granting of 18 licences for provision
YEREVAN, OCTOBER 16, NOYAN TAPAN. Starting from 2008, Nairit Plant will use the butadiene technology because it is not profitable to produce rubber by using the
YEREVAN, OCTOBER 16, NOYAN TAPAN. Starting from July 1 of next year, the standard forms of contracts for consumers using 6 and 10 tension and high-tension
YEREVAN, OCTOBER 16, NOYAN TAPAN. The 6th sitting of the Armenian-Georgian intergovernmental commission on economic cooperation was held at the Reception House of the Government of the
YEREVAN, OCTOBER 15, NOYAN TAPAN. The 6th sitting of the Armenian-Georgian Intergovernmental Commission on Economic Cooperation was held in Yerevan on October 15, following which the agreement
YEREVAN, OCTOBER 15, NOYAN TAPAN. The official opening of the 6th sitting of the Armenian-Georgian Intergovernmental Commission on Economic Cooperation took place at the Reception House of
YEREVAN, OCTOBER 15, NOYAN TAPAN. Construction and improvement work of 7.2 bln drams (about 21.1 mln USD) was done in Yerevan in January-September 2007. The head
YEREVAN, OCTOBER 15, NOYAN TAPAN. A business forum on problems of the Armenian banking system will be held in Yerevan on October 20. Armine Mekhakian, co-chairwoman
YEREVAN, OCTOBER 15, NOYAN TAPAN. Creative fat-and-oil production company (Ukraine) intends to influence, through its joint venture Cre-Ar, the price policy of similar production sellers in Armenia,
YEREVAN, OCTOBER 12, NOYAN TAPAN. This year Armenia will participate for the 7th time in the annual international tourism exhibition World Travel Market in London, the
YEREVAN, OCTOBER 12, NOYAN TAPAN. During the October 12 discussion conducted by the RA prime minister Serge Sargsian, the minister of transport and communication, the head
YEREVAN, OCTOBER 12, NOYAN TAPAN. The exhibition "Banks and Credits. Charitable Expo - 2007" will be held in Yerevan on October 13-14 on the initiative of
YEREVAN, OCTOBER 12, NOYAN TAPAN. Iberian Resources company (Australia) will build a gold processing plant near Meghri. It is envisaged to put the plant into operation
YEREVAN, OCTOBER 12, NOYAN TAPAN. The 5th Armenia-Artsakh-Slovakia business forum will be held in Yerevan on October 19-20. Its organizers are the Armenian community of Slovakia, the
YEREVAN, OCTOBER 11, NOYAN TAPAN. Global Navigator System LLC has created Autocompanion-Armenia and Autoguide GSM electronic navigation systems. The director general of the company Sergei Simonian told
YEREVAN, OCTOBER 11, NOYAN TAPAN. The RA National Assembly on October 11 completed the work of the special session that began the day before. A dozen
YEREVAN, OCTOBER 11, NOYAN TAPAN. At the October 11 special session, the RA National Assembly passed in first reading the bill on amendments to the Law
YEREVAN, OCTOBER 10, NOYAN TAPAN. Madneuli, one of the companies of Promyshlenye Investory (Russia), will purchase Ararat Gold Recovery Company (AGRC) and Golden Ore company. Madneuli's director
YEREVAN, OCTOBER 10, NOYAN TAPAN. At the October 10 special session, the RA National Assembly discussed in first reading the government's bill envisaging amendments to the
YEREVAN, OCTOBER 10, NOYAN TAPAN. A wide range of issues related to development of Armenian-Austrian relations in various spheres were discussed at the October 10 meeting
YEREVAN, OCTOBER 10, NOYAN TAPAN. The amendment to the Law on Securities Market will provide the Armenian government with a legislative opportunity to sign an agreement
YEREVAN, OCTOBER 10, NOYAN TAPAN. Tax overpayments of a total of 16.6 bln drams were refunded to tax payers (according to their applications) in 2006, overpayments
YEREVAN, OCTOBER 10, NOYAN TAPAN. At the October 10 special session, the RA National Assembly discussed in first reading the government's package of bills, which envisages
YEREVAN, OCTOBER 10, NOYAN TAPAN. Saint Peterburg's Information and Business Center opened at 1/1 Kievian Street in Yerevan. The deputy mayor of Yerevan Kamo Areyan said
YEREVAN, OCTOBER 10, NOYAN TAPAN. 83 out 100 Armenian businessmen believe that turnover volumes of their companies will increase in 2007, whereas only 70% out of
YEREVAN, OCTOBER 10, NOYAN TAPAN. At the October 10 special session, the RA National Assembly passed in first reading the government's bill on putting of organizations
YEREVAN, OCTOBER 9, NOYAN TAPAN. In order to eliminate the existing contradictions in the Armenian legislation on use of the Earth's interior, it is necessary to
YEREVAN, OCTOBER 9, NOYAN TAPAN. The Teghut copper and molybdenum mine is the second largest in Armenia by its resources. In order to start its operation,
YEREVAN, OCTOBER 9, NOYAN TAPAN. Although it was envisaged to make investments of 157 mln USD in the Zangezur Copper and Molybdenum Enterprise (ZCME), another 60
YEREVAN, OCTOBER 9, NOYAN TAPAN. By preliminary data, production of 170 bln drams (about 486 mln USD) was made in Armenia's mining industry in January-September 2007,
YEREVAN, OCTOBER 9, NOYAN TAPAN. In the opinion of Ara Abrahamian, the chairman of the Union of Armenians of Russia and the World Armenian Congress, a
YEREVAN, OCTOBER 9, NOYAN TAPAN. The international tender to choose the concession manager of the Armenian railway will be held on October 15. Two companies: the
YEREVAN, OCTOBER 9, NOYAN TAPAN. The 14th conference of the CIS countries' coordinating board on plant quarantine started in Yerevan on October 9. In parallel with
YEREVAN, OCTOBER 9, NOYAN TAPAN. The foreign trade of Armenia made 934.1 bln drams or 2 bln 659.27 mln USD in current prices in January-August 2007,
YEREVAN, OCTOBER 8, NOYAN TAPAN. By late 2008, 36 Armenian cities, including Sevan, Dilijan, Ashtarak, Charentsavan, Tsakhkadzor, Aparan and Gavar will have a 13-hour water supply
YEREVAN, OCTOBER 8, NOYAN TAPAN. The Armenia-Artsakh-Slovakia business forum will be held in Yerevan on October 19-20. The event's organizers are the Armenian community of Slovakia, the
YEREVAN, OCTOBER 8, NOYAN TAPAN. Wheat purchase prices have almost doubled in Russia this year: in 2006, a ton was purchased for 3,200-3,300 rubles, whereas this
YEREVAN, OCTOBER 8, NOYAN TAPAN. In January-August 2007, the gross agricultural output made 329.1 bln drams (about 935.1 mln USD) in Armenia, excceding by 7.6% the
YEREVAN, OCTOBER 8, NOYAN TAPAN. Armenia has all prerequisites for becoming a regional expo-center for exhibition and sale of cigars, Garo Buldukian, the owner of Garo
YEREVAN, OCTOBER 5, NOYAN TAPAN. A center for preparation and retraining adjunct to the Union of Builders of Armenia (UBA) will be set up. The chairman
YEREVAN, OCTOBER 5, NOYAN TAPAN. The candidacy of chairman of the Control Chamber has not yet been discussed at sittings of neither the political coalition nor
YEREVAN, OCTOBER 5, NOYAN TAPAN. In late June 2007, Armenia's international net investment position was negative by 2 bln 26.04 mln dollars, which was more by
YEREVAN, OCTOBER 5, NOYAN TAPAN. The gross foreign debt of Armenia made 2 bln 261.26 mln USD in late June 2007, growing by 149.8 mln USD
YEREVAN, OCTOBER 4, NOYAN TAPAN. At the October 4 sitting, the Armenian government made a decision to recognize the urban development program being implemented in Yerevan's
YEREVAN, OCTOBER 4, NOYAN TAPAN. In January-June 2007, the deficit of the current account of Armenia's balance of payment made 255.83 mln USD, increasing by 200.4
YEREVAN, OCTOBER 4, NOYAN TAPAN. In accordance with the RA Law on Declaration of Property and Incomes of Natural Persons and the RA Law on Incomes,
YEREVAN, OCTOBER 4, NOYAN TAPAN. The RA National Assembly on October 4 discussed in first reading the bill on granting tax and compulsory social insurance payments-related
YEREVAN, OCTOBER 4, NOYAN TAPAN. In January-August 2007, 59 bln 295 mln drams of 333 bln 649.3 mln drams (over 948 mln USD) of the RA
YEREVAN, OCTOBER 4, NOYAN TAPAN. According to preliminary information of the Central Bank of Armenia (CBA), monetary base made 322 bln 289 mln drams (about 915.7
YEREVAN, OCTOBER 4, NOYAN TAPAN. At the morning sitting on October 4, the RA National Assembly ratified 6 international agreements discussed the day before, including 3
YEREVAN, OCTOBER 4, NOYAN TAPAN. The RA National Assembly on October 4 ratified the agreement on cooperation in construction and operation of hydropwer plants on the
YEREVAN, OCTOBER 4, NOYAN TAPAN. At the invitation of the Yerevan municipality, the delegation of Saint Petersburg's government headed by the deputy governor Alexander Polukeyev will arrive
YEREVAN, OCTOBER 4, NOYAN TAPAN. Construction work of 327 bln 090.3 mln drams (about 934.5 mln USD) was done in Armenia in January-August 2007, including construction
YEREVAN, OCTOBER 4, NOYAN TAPAN. As of October 3, the Armenian processing companies have purchased 85 thousand 880 tons of grapes, which is more by 5870
YEREVAN, OCTOBER 3, NOYAN TAPAN. The revenues and official transfers of the RA state budget made 335 bln 668.1 mln drams (about 953.8 mln USD) in
YEREVAN, OCTOBER 3, NOYAN TAPAN. According to the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, 2,522 commercial legal entities
YEREVAN, OCTOBER 3, NOYAN TAPAN. Part of the road construction work in Yerevan will finish in late October, the prime minister Serge Sargsian stated in the
YEREVAN, OCTOBER 3, NOYAN TAPAN. The increase in prices of some consumer goods has no relation to the forthcoming political developments, the Armenian prime minister Serge
YEREVAN, OCTOBER 3, NOYAN TAPAN. The RA National Assembly on October 3 passed in first reading the draft of the new law on securities market and
YEREVAN, OCTOBER 3, NOYAN TAPAN. The RA National Assembly on October 3 discussed the credit agreement signed between the Republic of Armenia and the European Bank
YEREVAN, OCTOBER 3, NOYAN TAPAN. During the October 3 working meeting with the Armenian president Robert Kocharian, the regional governor of Ararat marz (region) Alik Sargsian presented
YEREVAN, OCTOBER 3, NOYAN TAPAN. The gas supply of Armenia and Georgia resumed on October 3, NT was informed by ArmRusgazprom company. To recap, the gas
YEREVAN, OCTOBER 3, NOYAN TAPAN. At the October 2 special sitting, the Armenian government approved the bill on the 2008 state budget of the RA and
YEREVAN, OCTOBER 3, NOYAN TAPAN. Industrial production of 446 bln 399.5 mln drams (about 1 bln 268.4 USD) was made in Armenia in January-August 2007. Production
YEREVCAN, OCTOBER 3, NOYAN TAPAN. In January-August 2007, monetary incomes of the Armenian population made 1 trillion 215 billion 328 million drams (over 3 bln 453.2
YEREVAN, OCTOBER 3, NOYAN TAPAN. Trade turnover made 794 bln 696 mln drams (over 2 bln 258 mln USD) in current prices in January-August 2007, exceeding
YEREVAN, OCTOBER 2, NOYAN TAPAN. The TWM computer system for customs registration automation is being introduced in the RA State Customs Committee. Armen Stepanian, head of
YEREVAN, OCTOBER 2, NOYAN TAPAN. At the October 2 sitting, the Central Bank of Armenia (CBA) Board made a decision to raise the refinancing interest rate
YEREVAN, OCTOBER 2, NOYAN TAPAN. At the morning sitting on October 2, the RA National Assembly passed the four bills and legislative packages discussed the day
YEREVAN, OCTOBER 2, NOYAN TAPAN. At the morning sitting on October 2, the RA National Assembly started discussing the new Law on Securities Market and the
YEREVAN, OCTOBER 2, NOYAN TAPAN. Negotiations are underway between Armenia and Iran with the aim of agreeing on points of the agreement on free trade. Gagik
YEREVAN, OCTOBER 2, NOYAN TAPAN. Preparation for the tender on public-private cooperation and the tender for engineering advisors is being done under the program on construction
YEREVAN, OCTOBER 2, NOYAN TAPAN. A bilateral agreement on starting the design work of construction of a 400-KV Iran-Armenia high-voltage line has already been signed, Sahak Abrahamian,
YEREVAN, OCTOBER 2, NOYAN TAPAN. The economic cooperation of Armenia and Austria is promising especially in the banking sector, the Armenian ambassador to Austria Ashot Hovakimian stated
YEREVAN, OCTOBER 2, NOYAN TAPAN. The decline in consumer prices and the settlement exchange rate of the Armenian dram against the US dollar made 0.2% and
YEREVAN, OCTOBER 2, NOYAN TAPAN. Bread and flour prices grew by 15.2% and 11.3% respectively in Armenia in September 2007 on December 2006.
YEREVAN, OCTOBER 2, NOYAN TAPAN. A 0.2% fall in consumer prices was registered in Armenia in September 2007 on December 2006 as a result of a
YEREVAN, OCTOBER 2, NOYAN TAPAN. The 0,9% increase in service tariffs in Armenia in September on August 2007 was mainly due to a 3.8% growth in
YEREVAN, OCTOBER 1, NOYAN TAPAN. On October 12, at 12 pm the Armenian Nuclear Power Plant will be stopped for regular refueling and repairs. NT correspondent
YEREVAN, OCTOBER 1, NOYAN TAPAN. The RA National Assembly on October 1 discussed in first reading a package of bills prepared by the government. The package
YEREVAN, OCTOBER 1, NOYAN TAPAN. The RA National Assembly on October 1 discussed in first reading the government's bill which envisages an addition to the RA
YEREVAN, OCTOBER 1, NOYAN TAPAN. "Cigar smoking is a tradition that unifies people with different preferences, creating a unity. Any kind of unity is important and
YEREVAN, OCTOBER 1, NOYAN TAPAN. The RA National Assembly on October 1 discussed in first reading the government's bill, which envisages an addition to the RA
YEREVAN, OCTOBER 1, NOYAN TAPAN. A telecommunication seminar "Modern Solution Technologies of Problems of "Last Mile" is being held in Yerevan with the participation of
YEREVAN, OCTOBER 1, NOYAN TAPAN. The checks conducted by the International Civil Aviation Organization (ICAO) at Yerevan's Zvartnots Airport showed that Armenia may be ranked among developed
YEREVAN, OCTOBER 1, NOYAN TAPAN. The 0.4% price fall in Armenia's non-food commodity market in September 2007 was to some extent influenced by a 1.7% fall
YEREVAN, OCTOBER 1, NOYAN TAPAN. A 1.7% general fall in gasoline and diesel fuel prices was registered in Armenia in September on August 2007.
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. The Armenia Royal Palace Hotel opened on September 28 with the participation of the Armenian president Robert Kocharian. The hotel offers
YEREVAN, SEPTEMBER 28, NOYAN TAPAN. Yerevan Water company is obliged to provide all users with a minimum of 4-hour water supply from 7 am to 12
YEREVAN, SEPTEMBER 27, NOYAN TAPAN. The Central Bank of Armenia (CBA) has calculated the composite economic indices of the 3rd quarter as compared with the 2nd
YEREVAN, SEPTEMBER 27, NOYAN TAPAN. The international cigar festival "High Smoke 2007" will be held in Yerevan on September 29. Cigars and accessories of such Armenian
YEREVAN, SEPTEMBER 27, NOYAN TAPAN. At the September 27 sitting, the Armenian government made amendments and additions to the Decision on Approval of the Order of
YEREVAN, SEPTEMBER 26, NOYAN TAPAN. The results of the Second Annual Microelectronics Olympiad organized by Synopsys company (US), a world leader in electronic design automation software production,
YEREVAN, SEPTEMBER 26, NOYAN TAPAN. In accordance with a decision of the scientific council of the State Engineering (Polytechnic) University of Armenia (SEUA), the title "Honorary Doctor"
YEREVAN, SEPTEMBER 26, NOYAN TAPAN. The purpose of holding Synopsys' Week in Armenia on September 24-28 is to encourage other companies to make investments in Armenia,
YEREVAN, SEPTEMBER 26, NOYAN TAPAN. Although the quality of water supply has improved a bit as compared with last year, there are some problems in the
YEREVAN, SEPTEMBER 26, NOYAN TAPAN. During the September 26 working meeting with the heads of the RA State Tax Service, the Armenian president Robert Kocharian said
YEREVAn, SEPTEMBER 26, NOYAN TAPAN. On the whole, Synopsys views Armenia as a new world for its activities. Although software products of Synopsys Armenia set up
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. The new center of Synopsys Armenia CJSC - a subsidiary of Synopsys company (US), the world's leader in electronic design automation
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. The lack of employees is one of the obstacles to the development of information technologies in Armenia. This gap can be
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. The presentation of placement of bonds issued by Armenian Copper Programme (ACP) CJSC, a company engaged in the production and sale
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. "We are appealing to the Armenian authorities to close down the Armenian Nuclear Power Plant (ANPP) as soon as possible. We
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. A new economic policy to encourage domestic producers and create favorable conditions for the export of their production should be adopted
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. It is the 15th year that DHL company (Germany) on international express delivery of documents and goods has operated in Armenia.
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. "The Central Bank of Armenia (CBA's) monetary and credit policy, which is predominantly of monetary character, has demonstrated its bankruptcy," member of
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. Armenia's economy and many Armenian companies have reached such a development stage by their size, financing requirements and ambitions that they
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. Armimpexbank and the financial advisory unit of Ameria consulting and audit company (Armenia) will merge. According to Ruben Vardanian, the chairman of
YEREVAN, SEPTEMBER 21, NOYAN TAPAN. Troyka Dialog Bank making part of Troyka Dialog group of companies (Russia) has purchased Armimpexbank, the chairman of the Central Bank
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The new concept of IT development, which is being worked out by the interdepartmental working group set up by the Armenian
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The fact that such companies as Synopsys, National Instruments and SUN Microsystems solve regional IT problems through their Armenian offices shows that
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The chairman of the "Nor Zhamanakner" ("New Times") party Aram Karapetian has purchased the management right of 25% of shares of
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. At the suggestion of the RA prime minister Serge Sargsian, at the September 20 sitting of the government, the chairman of
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The Armenian government proposed that the Russian government set up an Armenian-Russian technopark on the basis of Yerevan's Mars company, and
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. A series of events of traditional "IT Month" is successfully held in Armenia, which was stated at the September 20 press
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The advisory stage of the World Bank's credit program on traffic management and safety has begun. The program is being implemented
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. "In order to increase the investment inflow into the Transcaucasian region with the aim of forming a common market, some political
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. Baku-Tbilisi-Kars railway that will be constructed to run through Georgia's Samtskhe-Javakhk region will promote the economic development of this region and help
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. By the order of the Armenian president, an interdepartmental commission was set up on September 17 with the aim of increasing
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. Although serious steps have been taken to improve tax administration in Armenia, the capacities of tax bodies should be strengthened, the
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. During the September 19 meeting with the deputy director of the IMF Department for East and Central Asia Lorenco Peres and
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. It is envisaged to hold conferences of the All-Armenian High-Tech Congress "ArmTech" in Armenia and France in 2008, which will precede
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. The first All-Armenian High-Tech Congress "ArmTech 2007" has proposed that the Armenian government should implement reforms in a number of fields related
YEREVAN, SEPTEMBER 18, NOYAN TAPAN. A regular sitting of representatives of customs services of CIS member states was held in Yerevan on September 18. According to
YEREVAN, SEPTEMBER 18, NOYAN TAPAN. Armenia is in 7th place among Balarus' partners - former soviet republics in terms of commodity turnover, the chairman of the
YEREVAN, SEPTEMBER 18, NOYAN TAPAN. Converse Bank started issuing Visa Mini consumer credit cards and Visa Gift plastic cards, Beniamin Tadevosian, the head of the plastic
YEREVAN, SEPTEMBER 18, NOYAN TAPAN. Converse Bank intends to become at least the second largest Armenian bank in terms of its assets and capital, as well
YEREVAN, SEPTEMBER 18, NOYAN TAPAN. The agreement on free trade between Armenia and Iran will be signed as a result of lasting negotiations, the RA minister
YEREVAN, SEPTEMBER 18, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on September 17 received the delegation headed by the deputy director of the International Monetary
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. Armenia can have a state budget of 2.5 billion dollars in 2008 thanks to maintaining a two-digit economic growth and increasing
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. The main problem of developing the Armenian IT sector is lack of employees, the RA minister of trade and economic development
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. By the order of the Armenian president, an interdepartmental commission was set up on September 17 with the aim of increasing
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. The RA ministry of trade and economic development will finish developing the strategy of its activities in the near future. The
YEGHEGNADZOR, SEPTEMBER 17, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on September 15 paid a working visit to Vayots Dzor marz (region). According to the