Yerevan (ICRC) – Today, the International Committee of the Red Cross (ICRC) in Armenia completed the distribution of agricultural products in Tavoush region. Under the programme, five rural communities
KAPAN, Syunik province of Armenia, 11 November 2013 – Examining investment prospects for a remote Syunik region of Armenia is the main objective of a three-day forum organized by
In total, VivaCell-MTS allocated 465 million drams for the implementation of long-term program in neonatal care VivaCell-MTS General Manager Ralph Yirikian and Director of BirthLink Kathy Mellor visited the maternity
“Wings of Tatev” aerial tramway joined International Organization for Transportation by Rope (OITAF). The decision was made at the session of the managing board of OITAF in Bolzano. OITAF membership
«Gallery of Arts» Cultural Fund with the general sponsorship of VivaCell-MTS presents the Seventh «Return» Classical Music Festival The Seventh «Return» Classical Music Festival opened at Aram Khachaturian Concert Hall.
890x587px - 589 Kb 800x580px - 624 Kb 700x543px - 475 Kb 800x532px - 593 Kb 800x549px - 581 Kb more 4 photos President Serzh Sargsyan and Mrs. Rita Sargsyan today attended the opening of the Yerevan Show-2013 International Jewelry
Yerevan, October 10, 2013 – The Hayastan All-Armenian Fund’s upcoming Telethon will be dedicated to raising financial support for the construction of the Vardenis-Martakert Highway. The third project of
On October 1 CJSC "South Caucasus Railway" closed season for cruising the train "Armenia" on Yerevan-Batumi-Yerevan route. According to preliminary data from the beginning of the summer season the
On 2 October Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to construction activities held in capital Stepanakert. Special attention was paid to the maintenance of the city’s
South Caucasus Railway conducts work on training the production units and workers for the autumn -winter period. A set of measures are aimed at ensuring the stable operation of
The average monthly salary of South Caucasus Railway last year increased by 11%, from 176,705 drams (in January-August 2012) to 196,043 drams of the same period 2013. At the same
On 12 September Artsakh Republic President convoked a working consultation dedicated to a number of projects implemented in the republic's agricultural sphere. Special attention was paid to the course of
President Serzh Sargsyan received today representatives of the Bankers Club of the Central/National Banks from Central Asia, Black Sea area and Balkan states, who have arrived to Armenia on
On 8 September Artsakh Republic President Bako Sahakyan participated in a solemn ceremony of opening the new building of Ameriabank’s “Stepanakert” branch. President Sahakyan highlighted the role of banking system
President Serzh Sargsyan invited today a meeting which was attended by the RA Prime Minister Tigran Sarkissian, Vice Prime Minister Armen Gevorkian, Minister of Nature Protection Aram Harutyunian, Minister
The official opening ceremony of “HayPost” CJSC renovated Sevan Post Branch and Post Office N 01 in Sevan city, Gegharkunik region, took place on July 25th of this year. In
Cooperation Agreement was signed today on July 18th between “HayPost” and the RA SRC, according to which service points for taxpayers will be created at the renovated and modernized
Between 12 and 17 May 2013, Armenia's Armavir region has been hit by a hail storm damaging almost all crops of more than half of the communities in the
On 16 July Artsakh Republic President Bako Sahakyan visited the Martakert region. In the village of Tsmakahogh Bako Sahakyan met students and professors participating in the “Physical and Biological Complex
The MobiDram branches are now accepting payments for car parking on the territory of Yerevan – AMD 1000 for a week, AMD 2000 for a month, and AMD 12000
On 12 July Artsakh Republic President Bako Sahakyan paid a visit to the Askeran regional center and held a working consultation dedicated to the process of eliminating the consequences
On 6 July Artsakh Republic President Bako Sahakyan met in the town of Kovsakan in the Kashatagh region official delegation of the Republic of Armenia headed by the National
On 4 July Artsakh Republic President Bako Sahakyan visited the country’s eastern wing and inspected on site the harvest process carried out there. The Head of the State thereafter met
The official reopening ceremony of “HayPost” CJSC renovated post offices in Verishen and Tegh communities, Syunik marz, took place on July 4th of this year. Besides the construction and external
On 2 July Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to the issues of capital construction. NKR minister of municipal engineering Karen Shahramanyan delivered a corresponding report. In
On 1 July Artsakh Republic President Bako Sahakyan visited a number of workshops to be opened at the site of former Karabagh silk plant. The Head of the State got
On 29 June Artsakh Republic President Bako Sahakyan received delegation of the Armenian State Commission on defending economic competition led by head of the structure Artak Shaboyan. Issues related to
On 6 June Artsakh Republic President Bako Sahakyan paid a visit to the village of Kolatak in the Martakert region where he had a meeting with the community’s representatives
On 5 June Artsakh Republic President Bako Sahakyan convoked a working consultation on the issues related to eliminating consequences of heavy hail in the Askeran and Martakert regions. Heads of
On 4 June Artsakh Republic President Bako Sahakyan visited Askeran regional center and held there a working consultation dedicated to the consequences of heavy hailing that took place in
The official reopening ceremony of “HayPost” CJSC renovated post office in Berd city, Tavush marz, took place on May 31st of this year. Besides the construction and external decoration works,
The official reopening ceremony of “HayPost” CJSC renovated post offices in Sarukhan and Noratus communities, Gegharkunik marz, took place on May 30th of this year. Besides the construction and external
The official reopening ceremony of “HayPost” CJSC renovated post office N 0701 in Artashat city and Artashat post branch took place on May 22nd of this year. Besides the construction
On May 3rd South Caucasus Railway held a discussion on the results of spring inspection of the tracks, roadbed and structures, devices, power, automation, remote control and communication. The
PRESS RELEASE Yerevan, 16 April 2013 – More than 420 trees were planted by the representatives of the UN Office in Armenia, Government, international community and civil society during a
On Monday at a conference call the CEO of South Caucasus Railway summarized the outcome of the railroad in the first quarter of 2013. According to the data by
On 27 March President Bako Sahakyan visited the town of Askeran and partook at the reporting sitting dedicated to the activities carried out by the regional administration in 2012. Head
The new stock of “Mountain Tea” is already in the market. In February during the world exhibition of organic products Bio Fach 2013 held in Nierenberg, Germany the new stock
On 26 February Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to the issues of water supply in Stepanakert. Minister of municipal engineering Karen Shahramanyan, Stepanakert mayor Suren
In January 2013 the passenger traffic of CJSC "South Caucasus Railway" increased by 5.1% compared to the same period last year. According to statistics in the first month of
From February 18th South Caucasus Railway runs Gyumri-Sanahin-Gyumri electric train. The train will run daily: departure from Gyumri at 7:10 am, arrival in Sanahin at 9:48. In the opposite
On 12th February the official reopening ceremony of completely modernized post office in Garni village, Kotayk province, took place. The ceremony was attended by Ashot Vardanyan, Head of Garni village,
South Caucasus Railway announces lower price for Yerevan-Tbilisi-Yerevan train tickets for February. Due to the company's flexible tariff policy for February ticket prices will be lower by 10% compared
Yerevan, 06 February 2013 – Today, UNDP in Armenia, the EU Delegation to Armenia, the RA National Security Council and the State Revenue Committee jointly presented the objectives and
The new cycle of modernization of the post offices in 2013 started today with reopening ceremony of the 0011 post office in Nork Marash administrative district. The reopening ceremony was
On February 5 at South Caucasian Railway a discussion took place on safety at the railway during the Scientific and Technical Meeting "Road safety - focus on quality". As
VivaCell-MTS tax payment in 2012 exceeded the 2011 record by 22 percent Telecommunications Operator VivaCell-MTS (K-Telecom) ranks the third in the Top Taxpayers List of 2012, with AMD 21,672,938,130 (AMD
5 years ago ProCredit Bank launched its activity in Armenia as part of the German based ProCredit group, which successfully operates in 21 countries across the world. For its
On 24 January Artsakh Republic President Bako Sahakyan visited the town of Martakert where he held a working consultation dedicated to the development of agriculture in the region. In his
Leaders must aim to bring down global inequality at least to 1990 levels says Oxfam An explosion in extreme wealth and income is exacerbating inequality and hindering the world’s ability
“Ardshininvestbank” CJSC provides a wide range of banking services, offering clients comprehensive solutions for foreign trade transactions, using documentary letters of credit and guarantee operations. In December of 2012,
Cargo volume of CJSC "South Caucasian Railway" in January-December 2012 amounted to 3460.2 thousand tons, up 5.8% over the same period of 2011. For 2012 the export by rail reached
CJSC “SCR” Explanations on the Publication “Railway Passengers in the Panic because of a Russian Company” in “Aravot” newspaper of 11.01.2013 CJSC "South Caucasus Railway" since January 1, 2013 has
Grant Thornton today announced record combined global revenues of US$4.2 billion driven by 10.4% growth in US dollars for the year ended 30 September 2012. Grant Thornton led the
During the holiday season from 1 to 7 January South Caucasus Railway has carried more than 7.5 thousand passengers. During the celebrations passengers of the international trains Yerevan-Tbilisi-Yerevan were
Cargo transportation volume of "South Caucasian Railway" in January-November 2012 amounted to 3153.1 thousand tons, up 5.8% over the same period of 2011. For the first 11 months
Due to announced standards compliance, process simplicity, quality and a wide branch network which provides easy and convenient access, Ardshininvestbank was announced the winner of U.S. Embassy visa fee
On December 18th a reconstructed railway bridge on Qober-Tumanyan stretch was opened, which was built in 1898. Reconstruction of the bridge was carried out within the framework of South
Since January 1 2013 suburban train Hrazdan-Almast-Hrazdan will be canceled instead of which another suburban train will run on Kanaker-Almast-Hrazdan route. The train will run on the route every day
South Caucasus Railway approved tariff policy (TP) for freight for 2013 developed due to railway freight provision inside CIS counties. In the international fright traffic from January 1 to March
On 1 December President of the Artsakh Republic Bako Sahakyan received director-general of the “Karabagh-Telecom” closed joint stock company Ralph Eyerikyan. Issues related to developing communication sphere in Artsakh were
On 30 November Artsakh Republic President Bako Sahakyan visited a newly constructed apartment building located in the Toumanyan Street of the capital Stepanakert and got acquainted to its conditions. The
On 25 November Artsakh Republic President Bako Sahakyan visited the Martakert regional center and convoked there a working consultation on the capital reconstruction of the town’s water supply system. NKR
During the November 9 sitting of the NA Standing Committee on Economic Affairs Deputy Minister of Finance Vardan Aramyan presented the agreement with the European Bank for Reconstruction
Armenian PM Tigran Sargsyan received Korean Core Cross company president Juan Jing Sui. As Information and Public Relations department of the Government informed Noyan Tapan, Mr. Sui expressed
The ground breaking ceremony of Meghri HPP kicked off in Meghri, Syunik province on November 8 with the participation of the President of the Republic of Armenia Serzh
Today the official reopening ceremony of completely modernized post offices in Alapars, Bjni and Solak village, Kotayk province, took place. The opening ceremony was attended by the heads
Yerevan, 2 November 2012. - The “Support for Pesticide Quality Control and Residue Monitoring in Armenia” project, in cooperation with the State Service of Food Safety (SSFS)
Yerevan, November 1, 2012. Within the framework of the renovation project of common use premises in multi-apartment buildings the roof renovation of the second building has already started
On October 29, 2012 at CJSC "SCR" the discussion took place on the results of the autumn commission examination and roads preparedness for winter headed by CEO of the
On October 25 SCR opened traffic on the railway bridge on the 2,636th km of Shahali-Tumanyan span (Lori). The bridge, popularly known as "Satani Kamurj", was built in
On October 24, 2012 at the House of the Government of the Republic of Armenia the fifth annual Russian-Armenian industrial exhibition launched in which CJSC "South Caucasus Railway"
The 21st meeting of the U.S.-Armenia Joint Economic Taskforce (USATF) took place on October 18, 2012 in Yerevan. The U.S. delegation was chaired by Eric S. Rubin,
“Harvest and Vayots Dzor Traditional Cuisine” festival and opening ceremony of the first bed &breakfast facility in rural area of Vayots Dzor was held on October 4th in
Event Schedule Highlights Synopsys’ Dedication to Providing Consistent Initiatives that Support the Development of High-tech Industry in Armenia and the Region YEREVAN, Armenia, Oct. 2, 2012 – Synopsys,
From October 2 to 30 SCR holds the autumn examination for preparation of divisions to work in winter 2012-2013. Today the commission headed by the CEO of CJSC "SCR"
Dynamic businesses would be wrong to disregard slower growing developed economies in favour of faster growing emerging markets according to the Grant Thornton Global Dynamism Index (GDI). The new
In the frames of implementation of investment programs on greenhouse construction and development , “Armenian Harvest Promotion Center” CJSC continues negotiations with leading greenhouse
On 29 September Artsakh Republic President Bako Sahakyan visited the Kashatagh region and held a working consultation with the regional administration staff, heads of communities and school directors. Issues
Grant Thornton CJSC will carry out the audit of financial statements of the year 2012 of the Central Bank of Republic of Armenia. Grant Thornton CJSC, the Armenian member
VI Annual Youth Meeting of JSC "Russian Railways" took place from 19 to23 September 2012, which was attended by representatives of the various regional branches of
On 13 September Artsakh Republic President Bako Sahakyan received managers for Europe and the CIS countries of the Yerevan Brandy Company (“Ararat” brand) at the head of its
Since running the brand train "Armenia" of CJSC "South Caucasus Railway" transported 30,575 passengers on Yerevan-Batumi-Yerevan route. This figure is 18.9% higher than in 2011, when in the period
Today the reopening ceremony of post offices in Zvartnots and Vagharshapat communities, Armavir province, took place. The post offices 1109 in Zvartnots of 132m2 and 1101 in Vagharshapat
On July 27, the Railroad Center for Infrastructure Diagnostics hosted the III Meeting of the masters of "South Caucasus Railway", in which the activities were discussed aimed at improving
On July 26 representatives of staffs of CJSC "South Caucasus Railway" held a general conference and approved the draft of a new Collective Bargaining Agreement of the organization. The
Today the reopening ceremony of post offices in Nor Kharberd and Mkhchyan villages took place. The post office in Nor Kharberd of 45m2 and Mkhchyan of 95 m2 spaces
6173 passengers have been transported for the first month of running the brand train "Armenia" of CJSC "South Caucasian Railway" in Yerevan-Batumi-Yerevan route. This figure is 27% higher than
Other water-infrastructure projects are underway throughout Armenia and Artsakh Yerevan, July 17, 2012 – The Hayastan All-Armenian Fund’s U.S. Western Region is building a potable-water network in Artsakh’s
Fans of Lake Sevan can already use the services of SCR electric train of the route Hrazdan-Almast-Shorzha (Tsovagyugh). The seasonal suburban train runs every day from
On 6 July President of the Artsakh Republic Bako Sahakyan received Armenian agriculture minister Sergo Karapetyan. Issues related to development of agriculture as well as cooperation of the two
Gagik Harutyunyan Executive Director of “Noravank” Foundation The European Union, which includes 27 countries and has population of over 500 million, is the biggest economy in the world (at
On 1 July 2012, the representative of the Embassy of Poland in Yerevan handed over to the community of Paravakar in the Tavush province a tractor with a
Yerevan, Armenia, June 26, 2012—IFC, a member of the World Bank Group, with the support of the Government of Canada, is helping HSBC Bank Armenia expand its financing
YEREVAN, June 26, 2012 – On June 29, 2012 NASDAQ OMX Armenia will host the 1st Armenian-Georgian Financial Markets Forum in Dilijan, Armenia. The Forum is remarkable by being
CEO of South Caucasian Railway Victor Rebets met with members of the student building group that will leave for Sochi to the Olympic construction tomorrow. SCR formed the student
Republic of Armenia, Yerevan, June 24, 2012 Ardshininvestbank and Black Sea Trade and Development Bank (BSTDB) signed a loan agreement today aiming at provision ofadditional resources for mortgage lending
The Fund for Peace today released the eighth edition of its annual Failed States Index (FSI), highlighting global political, economic and social pressures experienced by states. Armenia has the best
A three-dimensional approach to development is now needed - one that combines social, economic and environmental concerns. Rio+20 is a landmark for the future. As more than 190 countries gather
On 23 June President of the Artsakh Republic Bako Sahakyan received the delegation of the Armenian State Commission on defending economic competition led by head of the structure
YEREVAN, 7 JUNE, 2012 – Today the 2nd placement of corporate bonds by “National Mortgage Company” Refinancing Credit Organization CJSC (NMC RCO) took place at NASDAQ OMX Armenia.
Since 2008 VivaCell-MTS has given up AMD 165 million for the installation of 23 “Zenith” hail suppression systems in Armavir region June 5, 2012, Yerevan, Armenia Weather conditions
On 5 June President of the Artsakh Republic Bako Sahakyan convoked a meeting of the NKR Security Council. Issues related to the organization of the 2012 crop harvest
FAR, Mediamax and Do Something to start rebuilding music school in Gyumri The story started 23 years ago. A few months after the devastating Spitak earthquake that killed
On 4 June President of Artsakh Republic Bako Sahakyan visited the village Taghavard in the Martouni region and got acquainted with the construction activities of the vegetable oil factory
On 24 May President of the Artsakh Republic Bako Sahakyan visited the village of Gishi in Martouni region and partook at the solemn ceremony of opening a
On 21 May 2012, the EU Advisory Group to Armenia, in close collaboration with the Ministry of Agriculture and the State Service for Food Safety of the Republic of
Following the partnership principles and goals defined by the Memorandum of Understanding, signed on 15 July, 2011 between Habitat for Humanity Armenia Foundation and Inecobank CJSC, the partners started
On 18 May President of the Artsakh Republic Bako Sahakyan partook at the festive events dedicated to the 20th anniversary of the liberation of the town of
IFC, a member of the World Bank Group, in partnership with the Austrian Ministry of Finance is launching an advisory project to help Armenian food producers improve food safety
On May 16 President of Artsakh Republic Bako Sahakyan partook at a groundbreaking ceremony of the new kindergarten in Stepanakert. The Head of the State underlined the importance of the
On 15th of May ProCredit Bank celebrated its Davitashen branch opening ceremony. On this occasion the Bank made a special present to the people living in branch neighborhood: the
Businesses are increasingly looking overseas for mergers and acquisitions (M&A) according to research from the latest Grant Thornton International Business Report (IBR). The results from the 2012 report show
Armenia Tree Project (ATP) and the Acopian Center for the Environment (ACE) are joining together to initiate a new project in Margahovit Village, which is located in the Lori
All SCR branches of production are preparing for passenger traffic in summer season. The railway carries out repairs and inspections of passenger cars and locomotives, checks the security level
Today HSBC Bank Armenia held a ribbon-cutting ceremony for its new HSBC STATUS branch at 4/1 Baghramyan Avenue, with the promise that each customer will receive best in class
On 8 May Artsakh Republic President Bako Sahakyan together with the President of the Republic of Armenia Serzh Sargsyan partook at a solemn ceremony of “Europe” multifunctional complex
Ara Marjanyan Expert, “Noravank” Foundation A number of processes on domestic (national), regional and global levels rise inclination of Turkey for the creation of the nuclear capabilities of its
CJSC “South Caucasian Railway” continues to implement its policy to support domestic production, expanding cooperation with Armenian companies. As an example of this fruitful collaboration is the company “Mobile
On April 21 SCR held the opening ceremony of the railway bridge of Zamanlu, which was attended by the President of RA Serzh Sargsyan, President of GSC
On 17 April President of the Artsakh Republic Bako Sahakyan convoked a working consultation on the issues of road construction. As informs Central Information Department Of
The Statement of the CRONIMET Mining AG regarding the issue of the Kajaran village and adjacent territories "CRONIMET Mining AG, being the main shareholder of the
From 1 April to 20 May South Caucasian Railway commission conducts a full spring inspection of the railroad, subgrade and artificial engineering constructions in order to ensure the smooth
Ameriabank will support a major project in South Caucasus through its trade finance facilities. A world-wide industrial leader, SIEMENS, was commissioned by Armenian ASCE GROUP to lead the
Avalanche work on Jajur-Maisyan site did not affect the train schedule CJSC “SCR”. Currently, all local trains and international train Yerevan-Tbilisi-Yerevan run on schedule without any delays. We remind, that
South Caucasian Railways urges people to follow safety and traffic rules at railway level crossings and the railroad. The company reminds drivers to cross level guarded crossings only with permission
Effective April 13, 2012, the Department of State will adjust visa processing fees. The fees for most nonimmigrant visa applications and Border Crossing Cards will increase, while
The World Bank's Board of Executive Directors on March 27 approved a US$1.82 million grant from the Global Environment Facility (GEF) Trust Fund for the Energy Efficiency Project
Information Technologies sector promote services 2012 program was submitted to the Government of the Republic of Armenia. The program will be on the agenda of the executive body
An International Monetary Fund (IMF) mission led by Mr. Mark Horton visited Yerevan during March 14-27 to conduct discussions for the Fourth Review of the Extended Fund Facility
UN Resident Coordinator in Armenia Dafina Gercheva and Executive Director of the National Competitiveness Foundation of Armenia (NCFA) Arman Khachaturyan signed a cooperation memorandum on developing communities in
WASHINGTON, March 27, 2012 - The World Bank’s Board of Executive Directors today approved a US$1.82 million grant from the Global Environment Facility (GEF) Trust Fund for the Energy
On 28 March President of the Artsakh Republic Bako Sahakyan convoked a working consultation dedicated to the activities of the State Committee of Real Estate Cadastre and the realization
A €5 million contribution from the European Union is helping the EBRD’s Business Advisory Services (BAS) to deliver business advice and consultancy services to micro, small and medium-sized enterprises
SCR still works on reconstruction of Sanahin mechanized road race. Restoration work on the basis of Sanahin recycling depot began in October 2011. Last time such large-scale work at
IFC, a member of the World Bank Group, is partnering with Byblos Bank Armenia to help it expand mortgage lending and offer residential energy-efficiency financing, helping save energy resources
Head of EBRD Resident Office in Yerevan Valeriu Razlog recently has said in a statement that Armenia requires wide-scale activities to commence talks over Armenia's entry into the
The exhibition "Armenian manufacturers to meet the needs of CJSC "SCR"" opens on March 20 at the central office of the South Caucasian Railway. 10 manufacturers involved in
In what authorities in Stepanakert say will be Nagorno-Karabakh's largest economic project in a decade, a leading Armenian mining company has officially announced plans to invest about $80
Armenia's Information Technology (IT) sector is insufficiently informed about the technology-oriented free economic zone to be established in the capital Yerevan, Karen Vardanyan, Executive Director of the
The world's economic competition agencies are not very popular, and that is why they need to cooperate with one another, Bruno Lasserre, President of the Authority of Competition
On 26 March Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to socioeconomic problems in the southern wing of the Hadrout region. Special attention was paid
Yerevan, 26 March 2012 - The United Nations Development Programme (UNDP) in Armenia and the National Competitiveness Foundation of Armenia (NCFA), within the framework of their mandate and missions,
On 26 March President Bako Sahakyan got acquainted on-site with renovation activities being carried out at the Veratsnund square in capital Stepanakert within the frameworks of the Triple
The exhibition "Armenian manufacturers to meet the needs of CJSC “SCR”” opens on March 20 at the central office of the South Caucasian Railway. 10 manufacturers involved in supplying
On 19 March Artsakh Republic President Bako Sahakyan convoked a working consultation on issues related to the exploitation of the Tsakhkashen deposit. As informs Central Information Department of
HSBC Bank Armenia cjsc introduced a new card insurance service to the market today. The service is aimed at protecting ATM and MasterCard international card users from certain
cted in shops, but electronic trade infrastructure is already being set up to create conditions for online trade. The Union of Information Technology Enterprises (UITE) is doing work
The Armenian version of the handbook called "The Sphere Project: Humanitarian Charter and Minimum Standards in Disaster Response" was presented in Yerevan on February 20. In their
Armenia's international reserves made $1.82 billion this January. $1.23 billion or 67.5 % of international reserves are in equities, Central Bank of Armenia informs Armenian News-NEWS.am adding their volume
On February 27 Artsakh Republic President Bako Sahakyan visited filter station N1 in the capital Stepanakert and got acquainted with the process ofconstruction activities. As informs Central Information
Economic genocide has been committed against Hayastan since the declaration of its sovereignty from the Soviet system. The application of the International Financial Institutions (IFI) structural adjustment programs
The Hayastan All-Armenian Fund’s French affiliate has launched the construction of a vocational school in the city of Shushi. The future institution will be named after French-Armenian benefactor Yeznik
Representatives of the United Nations Development Programme (UNDP) are visiting Batumi today to see the progress of the business assistance initiative in the Autonomous Republic of Ajara. Head of
Levels of stress felt by business leaders have shown their lowest annual increase since 2005 according to global research of 6,000 businesses from the Grant Thornton International Business Report
The US dollar’s average exchange rate against the Armenian dram (AMD) was AMD 389/$1, at NASDAQ OMX Armenia stock exchange on Wednesday, and thus the dollar gained value
London School of Business & Finance invites everyone to visit open days of Business School LSBF in Armenia! The event will take place on 15 and 16 February 2012. Venue:
HSBC Bank Armenia was the largest taxpayer in the banking system of Armenia in 2011. According to the results for 2011, the bank ranked 21st in the list of the
Prime Minister of Armenia Tigran Sargsyan met in Tsakhkadzor with the attendees of the Yerevan school of Political Courses January 29. Governmental press office told that the head
Transport and Communication Minister of Armenia Manuk Vardanyan presented at a news conference today the four main priorities of the ministry for 2012. Minister said the first priority
Zangezur Copper-Molybdenum Plant topped the list of Armenia's largest taxpayers of 2011. The company paid taxes at the amount of AMD 29bln 778mln 161.9 thousand in 2011, Mediamax reports. "ArmRosGazprom"
Washington, January 31, 2012 – Georgia’s experience in fighting corruption in public sector has had unique success, and many of its aspects could be adapted and applied in countries
The European Movement International (EMI) welcomes the progress made at the EU Summit on 30th January but warns that the measures taken are not enough. "The results of
The World Bank Group today announced that it is making $27 billion in funding available over the next two years for countries of Emerging Europe and Central Asia
Benoît Scheen, Executive Vice President of FT Europe, who is for the first time in Armenia, has arrived to get acquainted with Orange Armenia staff and with the results
On 25 January Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to the beautification of the Stepanakert city. Special attention was paid to the capital reconstruction of the
On 25 January Artsakh Republic President Bako Saahakyan convoked a working consultation on works carried out in 2011 in the sphere of industrial infrastructures and plans for the year
The world faces the “urgent challenge” of creating 600 million productive jobs over the next decade in order to generate sustainable growth and maintain social cohesion, according to the
On 24 January Artsakh Republic President Bako Sahakyan visited the Stepanakert airport, got acquainted with the ongoing work on site and convoked a working consultation on issues related to
Global business confidence is balancing on a knife edge heading into 2012 according to new figures from Grant Thornton’s International Business Report (IBR). With the global economic outlook dominated
Toward the realization of the Telethon 2011 slogan “A gift of water, a gift of life,” the Hayastan All-Armenian Fund began construction of a potable-water network in the city
On 19 January President of the Artsakh Republic Bako Sahakyan convoked a working consultation on socioeconomic projects to be carried out in the regions this year. Special attention was
IFC, a member of the World Bank Group, is providing Armenia’s ACBA-Credit Agricole Bank with a $30 million loan to expand lending to local micro, small, and
On 19 January Artsakh Republic President Bako Sahakyan convoked a working consultation dedicated to the realization of housing programs. Minister of social security Narine Astsatryan delivered a corresponding report. President Sahakyan
On January 19, U.S. Ambassador to Armenia John Heffern, USAID Armenia Mission Director Jatinder Cheema, and Minister of Health Harutyun Kushkyan signed a two-year grant agreement to improve access
Vienna, Austria, January 17, 2012—Public sector officials from within the European Bank Coordination "Vienna" Initiative met in Vienna on January 16 with the aim to enhance the coordination of
On 16 January President of the Artsakh Republic Bako Sahakyan convoked a consultation dedicated to water supply
The Hayastan All-Armenian Fund recently completed an extensive renovation of the Nephrology and Dialysis departments of Yerevan's St. Gregory the Illuminator (Surb Grigor Lusavorich) Hospital. The refurbishment was made
The Central Depository of Armenia launched services of notifying issuers on securities flow on their accounts. This service is widely used in international markets, and the Depository was the
VivaCell-MTS, a subsidiary of Mobile TeleSystems OJSC, announces that the network handled 4,283,556 SMS messages on December 31, the New Years Eve before midnight, with a further 3,260,562
On 4 December President of the Artsakh Republic Bako Sahakyan together with Armenian President Serzh
On 4 December President of the Artsakh Republic Bako Sahakyan together with President of the Republic
On 20 December Artsakh Republic President Bako Sahakyan visited in Moscow the Estet Jewelry House, got acquainted with the work of the jewelry factory and met head of
Escher, a world leading provider of outsourced, point of sale software to the postal industry, is pleased to announce that its Riposte Essential product has been selected as part
The managing staff of Haypost Trust Management and Haypost CJSC had a meeting with the head of French national postal operator La Poste Jean Paul Forceville. According to the
On 12 December President of the Artsakh Republic Bako Sahakyan met head of the Armenian State Commission on defending economic competition Artak Shaboyan and his deputy Slava Petrosyan. As
HSBC was recognized as “The Best Global Trade Finance Bank” for the forth year in a row by Global Trade Review (GTR) magazine. In GTR’s annual “Leaders in Trade
Heavy snow and rapidly decreasing temperatures presented an added challenge to Armenia Tree Project (ATP) programs this fall. Despite a temporary delay in northern Armenia until the weather cleared,
Just one decade after the European single currency was launched amid fanfare and fireworks, its future is now in doubt as the debt crisis that has engulfed Greece,
On December 2, the Center for Agribusiness and Rural Development (CARD) and the U.S. Embassy held their annual Wine and Cheese Tasting. Each year, this event allows
The slowdown of the economic growth in Armenia during the recent years has posed newchallenges to the country’s agricultural development perspectives. The measures to tackle these challenges are set
Today the first ever IPO of corporate bonds took place at NASDAQ OMX Armenia stock exchange. Discount bonds of “National Mortgae Company” Refinancing Credit Organization CJSC (NMC RCO) for
An Armenian company “Byurakn” has been recognised as overall winner under the “Chairman’s Selection” category of the European Business Awards, which were sponsored by HSBC for the second year.
The Shirak Competitiveness Center will hold its annual Shirak EXPO 2011 on November 24, 2011 in Gyumri. This year, the event is organized as part of the “Support
Today HSBC Bank Armenia reopens its “Komitas 1” branch at “Renault-Nissnan” showroom on 47 Komitas Street, closed in June 2009 due to the bank’s decision to temporarily suspend its
Today, November 11, in the company’s headquarter service center the opening of the first specialized shop took place. The purpose of the service is to create for the
In 2008-2011, the average annual growth of the pharmaceutical industry’s production was 7.1%, exports grew by 19%, Deputy Minister of Economy Karine Minasian said at the 4th International Pharmaceutical
The Stepanakert water supply network, comprised of 13 zones with an overall length of 140 km, was built in 1950s. Due to the poor state of the water-pipes significant
Today, on October 31, all ProCredit Banks operating in 21 countries celebrate the World Savings Day. ProCredit Bank in Armenia congratulates everyone on this occasion and wishes safe and