News from Armenia and Diaspora, information-analytic center, Armenian News portal Noyan Tapan


The reason for the world's global financial crisis is the high cost for an oil barrel
  • Economy
  • 2011-10-30 16:24:00

The solution - sea wave energy. SDE has completed the construction of a new model of sea wave energy based power plant - an upgraded and more efficient model

Ara Petrosian: Tourism and mining industry are compatible
  • Economy
  • 2011-10-21 15:59:19

Based on an agreement with the UN World Tourism Organization, an international ministerial congress on tourism will be held in Armenia in the autumn of 2012. Deputy Minister of

Mr. Konstantin Saroyan Appointed as CEO of NASDAQ OMX Armenia
  • Economy
  • 2011-10-21 13:37:25

Starting from October 18, 2011 Mr. Konstantin Saroyan was appointed CEO of NASDAQ OMX Armenia. On October 3, 3011 NASDAQ OMX Armenia Management Board approved Mr. Saroyan as Acting

According to Doing Business 2012 Armenia carried out the most number of reforms
  • Economy
  • 2011-10-20 13:41:31

According to “Doing Business 2012: Doing Business in a More Transparent World” report, published by the International Finance Corporation and the World Bank on October 20, Armenia has

On September Armenia's economic activity index grew by 17%
  • Economy
  • 2011-10-20 13:07:00

On September Armenia's economic activity index grew by 17% percent in comparison with August and by 9% in comparison with the same period of the last year. According

Armenia has a positive attitude towards forming Eurasian Union in Post-Soviet territory
  • Economy
  • 2011-10-19 16:04:58

The working visit of the Armenian Prime Minister Tigran Sargsyan continues in Saint Petersburg. On October 18 late in the evening the joint press conference with the heads of

Eight of eleven CIS member states sign agreement on free economic zone
  • Economy
  • 2011-10-19 14:41:10

Russian Prime Minister Vladimir Putin announced Tuesday evening that the heads of CIS states came to an “unexpected” agreement to sign an agreement on a free economic zone, BBC

Investments with Russian capital in Armenian economy grow, currently making $3 billion
  • Economy
  • 2011-10-18 20:49:26

A meeting of Armenian Prime Minister Tigran Sargsyan and his Russian counterpart Vladimir Putin took place at the Konstantinovsky Palace in Saint Petersburg today. The sides discussed issues related

Were discussed issues related to cooperation of the two Armenian states in the banking sphere
  • Economy
  • 2011-10-15 22:33:40

On October 15 Artsakh Republic President Bako Sahakyan met chairman of the Armenian Central Bank Arthur Javadyan. Central Information Department of the Office of the

Karen Karapetyan: "Armenian-French relations are at the very high level"
  • Economy
  • 2011-10-13 15:20:15

Yerevan Mayor Karen Karapetyan met the delegation headed by deputy president of Ile de France state Philip Kaltenbach. Greeting French colleagues the mayor noted that today Armenian-French relations

Tigran Sargsyan: Raising social benefits and pensions is one of important instruments to reduce poverty
  • Economy
  • 2011-10-12 15:43:20

Armenian Prime Minister Tigran Sargsyan received on October 12 members of the Union of Manufacturers and Businessmen of Armenia. The prime minister told those present that the government will

Armenian gross agricultural output grows 6.2% in August
  • Economy
  • 2011-10-12 13:33:43

Gross agricultural output of Armenia made 131.5 billion drams in August of this year, growing by 62%, Minister of Agriculture Sergo Karapetian said at a press conference on October

Gevorg Poghosian: Local self-government system is one of the most successful ones in Armenia
  • Economy
  • 2011-10-11 15:23:01

The local self-government system with its 915 communities, including 866 rural ones, is one of the most successful ones in Armenia, and now there are problems with their development

Jean-Michel Happi: About 60% of World Bank’s Armenian portfolio is implemented in rural areas
  • Economy
  • 2011-10-11 13:10:05

In the past two years the World Bank has done much work, assisting reconstruction of 290 km of rural roads and 90 km of irrigation canals, as a result

Karen Karapetyan attaches importance to the necessity of establishment of business ties between Yerevan and Kuweit
  • Economy
  • 2011-10-07 15:58:00

Yerevan mayor Karen Karapetyan met the delegation headed by Finance Minister of Kuwait Mustafa Jassim Al Shamali. "Though it is our first step of cooperation I hope that it will

The Armenian Minister of Foreign Affairs received the Minister of Finance of Kuwait
  • Economy
  • 2011-10-06 11:59:44

On October 5, the Minister of Foreign Affairs Mr. Edward Nalbandian received Mr. Mustafa Jassim Al Shamali, the Minister of Finance of Kuwait who arrived in Yerevan to participate

The agreement on Armenian-Kuwaiti air communication is signed
  • Economy
  • 2011-10-05 14:47:10

At the sitting of Armenian-Kuwaiti inter-governmental sitting which took place on October 5 in Yerevan the agreement on air communication between the two countries was signed. According to that

Armenian Government Determined To Continue “MCA-Armenia” Program
  • Economy
  • 2011-10-04 20:10:05

Prime Minister Tigran Sargsyan hosted a reception on successful completion of “Millennium Challenge Account-Armenia” (MCA-Armenia) program. Welcoming the guests, Tigran Sargsyan said the government highly values the opinion

Armenian-French Business Club to operate in Armenia
  • Economy
  • 2011-10-04 17:26:55

The signing ceremony of a document on the foundation of the Armenian-French Business Club took place at the French embassy in Armenia on October 4. The French Ambassador to

Operation of Hrazdan ore mine contradicts environmental laws on one hand and is a source for creation of 2,500 jobs on the other
  • Economy
  • 2011-10-04 16:35:40

Nagin LLC envisages investing $262 million 546 thousand for operation of Hrazdan iron ore mine in Kotayk Marz (Province), thanks to which 2,500 jobs will be created. Minister of Energy

Tigran Sargsyan and Patrick Fayn discuss the perspectives of continuation of "MCA-Armenia" project
  • Economy
  • 2011-10-04 15:13:20

Prime Minister Tigran Sargsyan received today Millennium Challenge Corporation Vice President for Program Implementation Patrick Fine. The meeting was attended by U.S. Charge d’Affaires to Armenia Bruce Donahue. Thankful

"Armenia: Your Partner 2011" international economic fair opens
  • Economy
  • 2011-09-30 16:45:11

On September 30 RA Prime Minister Tigran Sargsyan participated in "Armenia: Your Partner 2011" international economic fair held at Yerevan’s Karen Demirchyan Sports and Concert Complex. The

Patrick Fine, Vice President of the Millennium Challenge Corporation, visits Armenia
  • Economy
  • 2011-09-30 16:12:25

Vice President for Compact Operations of the Millennium Challenge Corporation, Patrick Fine, will visit Armenia October 2-4 to review the results of the five year US-funded MCA-Armenia Program. During

Current order of connecting new commercial users to networks hinders development of small business in Armenia
  • Economy
  • 2011-09-29 12:21:19

On every occasion Armenian authorities speak about the need to develop small and medium business, whereas in reality the current order of connecting new commercial users to power, water,

Number of electronic signature users doubles in Armenia in past year
  • Economy
  • 2011-09-28 17:56:46

More than six thousand people currently use electronic signatures in Armenia. This index grew by about 200 compared with August and doubled compared with September 2010, NT correspondent was

No transaction in U.S. dollars conducted at NASDAQ OMX Armenia OJSC on September 28
  • Economy
  • 2011-09-28 16:38:26

No transaction in U.S. dollars was conducted at NASDAQ OMX Armenia OJSC on September 28, NT was informed by NASDAQ OMX Armenia.

Purchase and sale transactions of $5 million 325 thousand conducted at NASDAQ OMX Armenia OJSC on September 27
  • Economy
  • 2011-09-27 16:23:16

Purchase and sale transactions of $5 million 325 thousand at the weighted average exchange rate of 370 drams against one U.S. dollar were conducted at NASDAQ OMX Armenia OJSC

Armenia’s gas supply resumed
  • Economy
  • 2011-09-27 13:51:48

The supply of natural gas to Armenia was resumed at 2:10 am on September 27, NT was informed by the press service of ArmRusgasprom Company. The supply was discontinued

Purchase and sale transactions of $3.65 million conducted at NASDAQ OMX Armenia OJSC on September 26
  • Economy
  • 2011-09-26 16:56:54

Purchase and sale transactions of $3 million 650 thousand at the weighted average exchange rate of 370.46 drams against one U.S. dollar were conducted at NASDAQ OMX Armenia OJSC

Purchase and sale transactions of $2.2 million conducted at NASDAQ OMX Armenia OJSC on September 23
  • Economy
  • 2011-09-23 19:27:02

Purchase and sale transactions of $2 million 200 thousand at the weighted average exchange rate of 371.71 drams against one US dollar were conducted at NASDAQ OMX Armenia OJSC

Over 1,100 tons of “Elite” high-quality wheat seeds imported into Armenia
  • Economy
  • 2011-09-20 16:01:15

Armenian Prime Minister Tigran Sargsyan on September 20 was present at the unloading of wagons with over 1,100 tons of “Elite” high-quality wheat seeds imported into Armenia from Russia’s

Armenian-Argentinean cooperation memorandum signed
  • Economy
  • 2011-09-19 17:21:38

The 7th international forum Fruitful Armenia opened in the Armenia Marriott Hotel in Yerevan. Opening speeches were made by Armen Gevorgian, Deputy Prime Minister of Armenia, Minister of Territorial

Average monthly nominal wage increases by 6.7% in Armenia in June compared with same month of last year
  • Economy
  • 2011-09-16 13:12:52

The average monthly nominal wage made 116 thousand drams (about $309) in June 2011, increasing by 4.9% compared with the previous month and by 6.7% compared with the

No transaction conducted at NASDAQ OMX Armenia OJSC on September 15
  • Economy
  • 2011-09-15 16:21:19

No transaction in U.S. dollars was conducted at NASDAQ OMX Armenia OJSC on September 15, NT was informed by NASDAQ OMX Armenia.

Proposal made to set concessions for Iran-Armenia electric transmission line construction
  • Economy
  • 2011-09-15 15:13:43

The bill on setting tax and customs concessions for construction of Iran-Armenia 400 kV electric transmission line through the territory of Armenia was approved at the September 15

A UNDP and U.S. Government Funded Agro-Processing Unit to Boost Rural Income Generation
  • Economy
  • 2011-09-14 19:18:19

Agro-processing industry is considered as one of the most important and highly efficient branches of economy in Armenia. Its share in the country’s industrial production is almost 30 percent.

Exports from Armenia grew by 31.4%, imports by 8.7% in January-July 2011 compared with same period of last year
  • Economy
  • 2011-09-14 14:14:53

Exports from Armenia grew by 31.4%, imports by 8.7% in January-July 2011 compared with same period of last year Exports from Armenia made $709 million 545.7 thousand in

International Conference on Development of Local Capital Markets to be held in Armenia
  • Economy
  • 2011-09-13 18:32:29

On October 6, 2011 NASDAQ OMX Armenia and Cetral Depository of Armenia will organize an international conference titled “Global Opportunities of Local Markets: Infrastructure and Regulation”. The Conference is

0.6% price fall was registered in consumer market of Armenia in August 2011
  • Economy
  • 2011-09-13 14:55:00

0.6% price fall was registered in consumer market of Armenia in August 2011. According to the RA National Statistical Service, prices of food commodities fell by 1% in the country,

Caucasus Countries Conclude Meeting in Support of Waste Management Financing
  • Economy
  • 2011-09-10 11:05:34

REC Caucasus News- On September 7, Government representatives from Georgia, Armenia and Azerbaijan concluded a Sub-regional Steering Committee Meeting in Tbilisi, at the Sheraton hotel. At the meeting South

VivaCell-MTS presents - “SMS Extra” – new opportunities for sending text messages
  • Economy
  • 2011-09-09 15:39:33

September 9, 2011, Yerevan, Armenia – VivaCell-MTS, a subsidiary of “Mobile TeleSystems” OJSC, is glad to present “SMS Extra” bundle of services that provides a number of unprecedented opportunities

Bako Sahakyan partook in capital Stepanakert at a solemn ceremony of opening the “Avis” business center
  • Economy
  • 2011-09-07 19:14:13

On 7 September President of the Artsakh Republic Bako Sahakyan partook in capital Stepanakert at a solemn ceremony of opening the “Avis” business center. Bako Sahakyan noted the importance of

Yerevan mayor receives Belarusian Ambassador
  • Economy
  • 2011-09-07 16:18:10

On September 7, Yerevan mayor Karen Karapetyan received Belarusian Extraordinary and Plenipotentiary Ambassador to Armenia Stepan Sukhorenko. Presenting the steps directed to transport reforms in the capital, the mayor

STAR buys “Fresh” supermarkets chain
  • Economy
  • 2011-09-06 18:23:49

The negotiations on purchasing “Fresh” supermarkets by STAR trade chain are over. The parties have already acquired final agreement. On this phase, before the legal implementation of the agreement

Bako Sahakyan visited the construction site of the “Artsakh”
  • Economy
  • 2011-09-06 18:01:39

On 6 September President of the Artsakh Republic Bako Sahakyan visited the construction site of the “Artsakh” dwelling district being built in capital Stepanakert and convoked a working consultation

Sale and purchase transactions of $0.9 million carried out at NASDAQ OMX Armenia OJSC on September 6
  • Economy
  • 2011-09-06 16:24:08

  Sale and purchase transactions of 900 thousand drams at the average weighted exchange rate of 371.5 drams for one U.S. dollar were carried out at NASDAQ OMX Armenia OJSC

Grand opening of Paros Lighthouse foundation’s shelter/women’s center
  • Organizations
  • 2011-09-01 13:15:21

Paros “Lighthouse” Charitable Foundation is proud to announce the Grand Opening of its 13,000 sq. ft. shelter/women’s center in the village of Ptghounk in the Armavir region. This

Bako Sahakyan visited the village of Mets Shen in the Martakert region
  • Economy
  • 2011-08-31 19:23:33

On 31 August President of the Artsakh Republic Bako Sahakyan visited the village of Mets Shen in the Martakert region and partook at a number of solemn events. The Head

Flow of Tourists on the Rise
  • Economy
  • 2011-08-26 12:54:13

Despite the obstacles created by the authorities of Azerbaijan and declaring foreign nationals visiting Nagorno Karabakh "persona non grata", the world continues to show increasing interest in Artsakh. According

Synopsys Posts Financial Results for Third Quarter Fiscal Year 2011
  • Economy
  • 2011-08-18 19:31:53

Synopsys, Inc. (Nasdaq: SNPS), a world leader in software and IP for semiconductor design, verification and manufacturing, today reported results for its third quarter of fiscal year 2011. For the

Yerevan municipality is ready to discuss a mutually beneficial cooperation with “UkrAvto” corporation
  • Economy
  • 2011-08-16 16:12:59

Yerevan Mayor Karen Karapetyan received the delegation headed by the Deputy Director of Ukrainian “UkrAvto” corporation Andrei Shpak. During the meeting the possibilities of import of Ukrainian buses to

Serzh Sargsyan receives the chairman of Armenian Jewelers Association
  • Economy
  • 2011-08-16 15:06:48

On August 16, the RA President Serzh Sargsyan received the delegation headed by the chairman of Armenian Jewelers Association Gagik Gevorgyan. The head of the Republic congratulated Gagik Gevorgyan

Bako Sahakyan received the minister of energy and natural resources of the Republic of Armenia Armen Movsisyan
  • Economy
  • 2011-08-04 19:29:13

On 4 August President of the Artsakh Republic Bako Sahakyan received the minister of energy and natural resources of the Republic of Armenia Armen Movsisyan. Issues related to the development

8, 5% inflation is registered in June this year compared to the same month of the previous year in Armenia
  • Economy
  • 2011-08-02 14:54:29

The inflation was 8, 5% in June this year compared to the same month of the previous year in Armenia. The head of Price Statistics and International Comparisons of

IFC’s record lending to Armenia supports access to finance for businesses
  • Economy
  • 2011-08-02 14:05:41

Yerevan, Armenia, August 1, 2011—IFC, a member of the World Bank Group, committed around $ 70 million in Armenia in the fiscal year ending June 30, 2011 representing its

US debt: House vote on Republican spending cuts delayed
  • Economy
  • 2011-07-29 09:32:00

According to BBC, a vote on a Republican bill to raise the US debt ceiling, cut spending and avert default has been delayed in the face of conservative resistance. House

AAA: Key House Panel Approves $ 40 Million in Aid to Armenia
  • Economy
  • 2011-07-28 13:45:56

Washington, DC, July 27 - Today, the House Appropriations Subcommittee on State, Foreign Operations and Related Programs approved the Fiscal Year (FY) 2012 State-Foreign Operations Appropriations Bill, which calls

Hrant Bagratyan: “Armenia greatly yields both its neighbors and the whole world with its economic growth”
  • Economy
  • 2011-07-27 14:53:40

Armenia greatly yields both its neighbors and other countries of the world with its economic growth. During the press conference on July 27, the RA Former Prime Minister, the

Tigran Sargsyan: “Armenia is interested in forming favorable conditions for investment companies
  • Economy
  • 2011-07-27 13:13:11

On July 27, the Prime Minister Tigran Sarsgyan received the delegation of "Haniel Group" company, comprising of representatives of "Eurodress", "Hess Natur" and "VKS Armenia" company. The head of

Hillary Clinton is sure the problem of USA State Secretary to be solved
  • Economy
  • 2011-07-25 13:10:33

According to vesti.ru U.S State Secretary Hillary Clinton has no doubt that Barack Obama and Congress will come to a compromise on the issue of raising the limit of

Moody's has cut Greece's rating
  • Economy
  • 2011-07-25 11:50:24

Credit rating agency Moody's has cut Greece's rating, warning that a planned debt swap would constitute a default. The rating was cut another three notches from Caa1 to Ca -

Iran and Syria to sign a contract
  • Economy
  • 2011-07-25 08:53:38

On July 25, Iran will sign a $10 billion contract to export natural gas to Iraq and Syria. The gas will be shipped from the South Pars field via a

The memorandum of understanding on the establishment of “The association of Armenian and Turkish travel agencies” is signed
  • Economy
  • 2011-07-22 14:57:44

On July 22, the meeting of Armenian and Turkish businessmen who work in the fields of tourism, transport, small industry, construction, jewelry and trade took place. The meeting

283,100 passengers have used South Caucasus Railway
  • Economy
  • 2011-07-21 12:43:51

In the first term of the year 283,100 passengers used South Caucasus Railway. This result is less by 29,4 percent compared to the results within the same period. The

Japaneese exportation recovers after the earthquake
  • Economy
  • 2011-07-21 08:21:00

The government of Japan declared that they managed to go back to the positive balance of foreign trade after the disasterous earthquake. This is reported by BBC. According to

Majority of Americans is sure U.S economy is getting worse
  • Economy
  • 2011-07-21 07:55:00

It was found out at the result of the social survey carried out by the American Fox News TV company that the majority of Americans is sure that USA

In June the economic activity rises by 2,3% in Armenia
  • Economy
  • 2011-07-20 16:54:14

In June, 2011 the index of economic activity in Armenia has risen by 2,3% compared to the same month of the last year and it has risen by 9,6%

IFC Trains Armenian Banks to Enhance Liquidity Management and Improve Efficiency
  • Economy
  • 2011-07-20 15:41:33

IFC, a member of the World Bank Group, is training Armenian bankers in specific aspects of risk management to help make the banking system more stable and efficient, which

The consultation with the RA Minister of Transport and Communication Manuk Vardanyan takes place
  • Economy
  • 2011-07-20 14:13:06

On July 20, the consultation with the RA Minister of Transport and Communication Manuk Vardanyan took place and the staff of “South Caucasus railways” company headed by the general

Apple has more than 7.31bn USD income from the sale of iPad and iPhone
  • Economy
  • 2011-07-20 07:42:00

Apple has more than 7.31bn USD income from the sale of iPad and iPhone. As BBC reports net income was 7.31bn USD in the three months to 25

Economists predict that Armenia’s economy will become stable in the second half of this year
  • Economy
  • 2011-07-19 14:04:00

In the second half of this year the economic state in Armenia will be stabile compared to the same period of the last year and the rise of agricultural

Seyran Ohanyan: “Apartments constructed for spas are of modern construction standards”
  • Economy
  • 2011-07-19 12:22:22

On July 18, RA Minister of Defense Seyran Ohanyan visited the border region of Southern-East of Armenia and took part in the festive opening ceremony of the dwelling house

EU and Georgia sign an agreement on mutual protection of geographical names
  • Economy
  • 2011-07-15 17:46:45

On July 14, EU and Georgia signed an agreement on mutual protection of geographical names. As “RIA-NOVOSTI” reports, by the agreement EU accepted that the products exported to EU

The first geothermal power station to be built in Armenia
  • Economy
  • 2011-07-15 13:35:48

By the support of Italian “Shlyumberzhe” company “Armenian fund of renewable energy and energy efficiency” carries out the study of the possibility of the construction of the first

The activity of the UN Development Program continues in the directions planned by all programs
  • Economy
  • 2011-07-15 13:26:23

On July 14, the RA Deputy Foreign Minister Arman Kirakosyan received the deputy of the head of the UN Developent Proogram, the director of the regional office of Europe

US debt talks deadlock drags on
  • Economy
  • 2011-07-15 08:57:26

According to “The Washington Post” the USA President Barack Obama told lawmakers he wants agreement on a US debt deal till July 16, otherwise the Congressmen must be present

According to Bloomberg world oil prices have declined
  • Economy
  • 2011-07-15 07:31:51

According to the data of July 14, oil prices have increased in the world market. This is based on the statement of the U.S. Federal Reserve System (FRS) Ben

ARMENIA AND UK SIGN DOUBLE TAXATION AGREEMENT
  • Economy
  • 2011-07-14 19:56:32

Armenian Foreign Minister Edward Nalbandyan and UK Minister for Europe David Lidington signed a Double Taxation Agreement during Mr Nalbandyan's working visit in London on 13 July. The agreement

The possibility of the cooperation between Yerevan and French Development Agency is discussed
  • Economy
  • 2011-07-14 19:38:38

On July 14, during the meeting Yerevan mayor Karen Karapetyan and French Development Agency (AFD) Assistant director Jaques Moineville discussed issues on possible cooperation. Presenting the main directions of the

Armenia and China exchang letters on provision of public buses to Armenia
  • Economy
  • 2011-07-14 18:41:29

On July 14 Armenian Deputy Foreign Minister Sergey Manasaryan and the Ambassador of China to Armenia, Tian Chungchan, exchanged letters on provision of public buses to Armenia worth 55

Free economic zone to be created in the area of “Zvartnots” airport
  • Economy
  • 2011-07-14 16:09:19

On July 14, RA Economy Minister Tigran Davtyann and Marcello Vende, general manager of "Armenia" International Airports CJSC, on behalf of the Corporación América S.A, signed an agreement at

The meeting at the RA Ministry of Agriculture
  • Economy
  • 2011-07-14 15:13:38

The RA Minister of Agriculture S. Karapetyan received the head of the department of cooperation and business of UNIDO business, investments and technological services J. Patakonni, which was accompanied

European Union allocates €19.1 million for institutional reforms in Armenia
  • Economy
  • 2011-07-14 14:55:50

On 13 July 2011 the Commission adopted the first part of the Annual Action Programme 2011 for Armenia, which will help to strengthen the technical and administrative capacity of

European Union allocates 19.1 million Euro for institutional reforms in Armenia
  • Economy
  • 2011-07-14 14:53:42

On 13 July 2011 the European Commission adopted the first part of the Annual Action Program 2011 for Armenia, which will help to strengthen the technical and administrative capacity

Tigran Davtyan relies on “Fitch”, “Moody's” and “Standard & Poor's” and not “Forbes”
  • Economy
  • 2011-07-13 21:08:49

RA Minister of Economy Tigran Davtyan considers nonsense the fact of “Forbes” magazine to consider Armenia the second country with the worst economy. According to Minister, it is possible

Armen Movsisyan: “Till April, 2012, the rise of gas price isn’t expected in Armenia”
  • Economy
  • 2011-07-13 20:00:28

During the press conference held on July 13 the RA Minister of Energy and Natural Resources Armen Movsisyan denied the rumors of the rise of gas price. In

RA Ministry of Finance: “The revelations of Mr. Fisher are suspicious”
  • Economy
  • 2011-07-13 18:18:30

The RA Ministry of Finance commented on the article of Daniel Fisher about ‘The countries with worst economies” announced in Forbes magazine on July 5. "The title of the

Armen Movsisyan: The production of energy rises in Armenia by 16% and the output of mine industry by 28%
  • Economy
  • 2011-07-13 17:56:23

In the first quarter of this year, in comparison with the same period of the last year, the production of electricity has risen by 16% and over 7, 45%

RA Prime Minister: “We can’t lead effective economic policy not taking into account the global situation and trends”
  • Economy
  • 2011-07-13 15:47:34

The RA Prime Minister Tigran Sargsyan handed diplomas to 81 students of bachelor’s and master’s degree of YSU Faculty of Economics. Before handing the diplomas, he came forth with

Armenian manufacturers to have the opportunity to become one of the main providers of the European retail network
  • Economy
  • 2011-07-12 18:15:46

On July 12, RA vice Prime Minister, Minister of Territorial Administration Armen Gevorgyan received Gerardo Patacconi, chief of the Cluster and Business Linkages Unit at the Business, Investment and


Grigory Grigoryan is dismissed from the office of the head of the State Service of Food Safety
  • Economy
  • 2011-07-12 17:58:26

By the decision of Armenian Prime Minister Tigran Sargsyan Grigory Grigoryan is dismissed from the office of the head of the State Service of Food Safety of the RA

Ambassador Ashot Yeghiazaryan meets Deputy Minister of Agriculture of Brazil Milton Ortolan
  • Economy
  • 2011-07-12 17:50:20

On July 10, Armenian Ambassador to Brazil Ashot Yeghiazaryan had a meeting with the Deputy Minister of Agriculture of Brazil Milton Ortolan. During the meeting interlocutors discussed a wide

On July 12, Armenian President Serzh Sargsyan signs a number of laws
  • Economy
  • 2011-07-12 16:13:35

On July 12, Armenian President Serzh Sargsyan signed a number of laws adopted by the National Assembly.In particular, President Sargsyan approved law on taxes on vehicles parking, the amendments

The RA Prime Minister underlined the necessity of full realization the whole potential of the Armenian-Ukrainian economic cooperation
  • Economy
  • 2011-07-11 19:08:13

The RA Prime Minister Tigran Sargsyan received the delegation headed by the chairman of the Ukrainian Verkhovna Rada Vladimir Litvin. Greeting the guests, Tigran Sargsyan higly praised the level of

IMF chief Christine Laggard: “The USA can become the cause of failure of fund markets”
  • Economy
  • 2011-07-11 15:43:54

If the USA fails to raise its borrowing limit "real nasty consequences" will be for global economies. The International Monetary Fund's new chief Christine Laggard said in an

Tigran Sargsyan visits the newly constructed Armenian St Harutyun church in Rostov-on-Don
  • Economy
  • 2011-07-09 14:45:54

In the morning of July 9, the delegation headed by Armenian Prime Minister Tigran Sargsyan visited the newly constructed Armenian church in Rostov-on-Don - St Harutyun church, and attended

The 13th sitting of the Armenian-Russian intergovernmental commission on economic cooperation starts in Rostov
  • Economy
  • 2011-07-08 16:47:15

On July 8, the 13th sitting of the Armenian-Russian intergovernmental commission on economic cooperation started in Rostov.Welcoming the participants of the sitting Armenian Prime Minister Tigran Sargsyan expressed gratitude

IFC Launches Risk Management Certification to Strengthen the Financial Sector in Armenia
  • Economy
  • 2011-07-08 16:11:59

IFC, a member of the World Bank Group, is helping strengthen the financial sector in Armenia by launching a formal risk management education and certification program to enable financial

The President Serzh Sargsyan pays a working visit to Ararat region
  • Economy
  • 2011-07-06 15:51:17

On July 6, the President Serzh Sargsyan paid an official visit to Ararat region. The head of the government visited gold mining plant of Ararat, where “GeoProMining” company envisages

World oil prices have increased. Bloomberg
  • Economy
  • 2011-07-06 08:51:30

On July 5, according to Bloomberg news agency oil price increase was recorded on World markets compared with the background of the USA and China economic growth. In London ICE

A huge natural gas field has been found in Brazil
  • Economy
  • 2011-07-05 10:47:08

A huge natural gas field has been found a short distance off Rio de Janeiro's coastline, Petrobras, Brazil's state-controlled oil company says. The company believes the new field, Jupiter,

President of the Artsakh Republic Bako Sahakyan considered successful the Turpanjian rural development
  • Economy
  • 2011-07-05 01:00:18

On 4 July President of the Artsakh Republic Bako Sahakyan received honorable president of American University of Armenia Harutyun Armenyan and program leader of the AUA's Turpanjian rural development

Tigran Sargsyan: “As a ruling party, the Republican Party is obliged to solve social and economic problems of the country”
  • Economy
  • 2011-07-04 13:23:04

On July 3, the Prime Minister Tigran Sargsyan visited Gegharquniq region. He visited Lchashen community, got acquainted with the process of reconstruction work of the way linking Sevan to

Serzh Sargsyan: “Today the Ukraine is the sixth trade partner of Armenia”
  • Economy
  • 2011-07-01 22:55:18

RA President Serzh Sargsyan, who is on official visit to Ukraine, participated with his Ukrainian counterpart Viktor Yanukovich in Armenian-Ukrainian business forum opening at trade-industrial palace. Serzh Sargsyan delivered a

Vladimir Movsisyan: The rise of the level of the Lake Sevan is everybody’s great achievement
  • Economy
  • 2011-07-01 14:35:00

RA President Serzh Sargsyan who visited Gegharquniq region during the discussion of issues of nature protection of the Lake Sevan ordered the cleaning of forests, forming new graphic of

FREDA 2011-2015 program of military development is confirmed
  • Economy
  • 2011-07-01 14:32:33

On June 28, during the session of the board of trustees of FREDA headed by the Prime Minister, the head of the board Tigran Sargsyan the financial statements and

The fourth Global Armenian High Tech Business Conference ArmTech Congress’11will be held in October in Yerevan
  • Economy
  • 2011-06-30 23:53:58

The fourth Global Armenian High Tech Business Conference ArmTech Congress’11will be held under the patronage of the Prime Minister of the Republic of Armenia on October 10-11, 2011, at

The delegation of Elgava city of Lithuania to arrive in Armenia
  • Economy
  • 2011-06-29 13:18:19

The delegation of Elgava city of Lithuania headed by the mayor Andris Rovanish will pay a working visit to Armenia. On July 1, in the frames of the visit

Christine Lagarde is a new head of the IMF
  • Economy
  • 2011-06-29 09:23:44

The Executive Board of the International Monetary Fund (IMF) selected Christine Lagarde to serve as IMF Managing Director for a five-year term starting on July 5, 2011. Let’s note

Artak Shaboyan highlights the necessity of creating a Public Council adjunct to NKR competitive body
  • Economy
  • 2011-06-27 13:00:51

On June 24, Artak Shaboyan, the RA Chairman of the State Commission for the Protection of Economic Competition (SCPEC) had a working visit in Nagorno-Karabakh. Artak Shaboyan, together with

NASDAQ OMX Armenia Participated in Saint-Petersburg International Economic Forum
  • Economy
  • 2011-06-24 20:35:30

On June 16-18, 2011 Mr. Karen Zakaryan, Acting CEO of NASDAQ OMX Armenia, participated in Saint-Petersburg International Economic Forum, being the only speaker from Armenia. During the session moderated by

The annual DigiTec Business Forum kicks off in Yerevan
  • Economy
  • 2011-06-24 16:27:58

On June 24, the annual Digitec Business Forum started in Yerevan held under the high patronage of the RA Prime Minister Tigran Sargsyan. The general partner of the forum

The president of the RA Central Bank to take part in the annual general meeting of the Bank for International Settlements (BIS)
  • Economy
  • 2011-06-24 12:24:00

On June 24-27, Artur Javadyan, the president of the RA Central Bank and Andranik Grigoryan, the Head of Financial System Regulation Department will take part in the annual general

National Assembly ratified three loan agreements signed between RA and Asian Development Bank
  • Economy
  • 2011-06-23 17:54:02

On June 23, in the extraordinary session the National Assembly ratified three loan agreements signed between RA and the Asian Development Bank. By the financing agreement “Urban

The government has approved the project by number 17 decision which gives tax and customs privileges in case of the investment program exceeding 300 million AMD
  • Economy
  • 2011-06-23 13:34:33

On June 23, the project referring to the Armenian law “On the development and state support to the small and medium enterprise” was approved at the sitting of the

The Pumping Station restored under the “MCA-Armenia” program is open in Achajur
  • Economy
  • 2011-06-22 19:36:42

On June 22, RA Deputy Prime Minister, Minister of Territorial Administration Armen Gevorgyan, within the frames of his visit to Tavush region, took part in the opening ceremony of

Scientific-Technical Council put on the agenda the discussion of the program of the development of small and medium-size chemistry and perspectives of biotechnology in the Republic of Armenia
  • Economy
  • 2011-06-22 19:14:32

On June 22 during the Scientific-Technical Council’s third meeting chaired by the head of the council, the Prime Minister Tigran Sargsyan the program of expansion “Ariak” close joint-stock

The 2011 action plan for the implementation of CANDLE project was approved
  • Economy
  • 2011-06-22 19:06:26

On June 22, during the session of the CANDLE project coordination council, chaired by the head of the council, the Prime Minister Tigran Sargsyan, the council took note

In the first quarter of this year business environment index has decreased, while economic activity index has increased in Armenia
  • Economy
  • 2011-06-22 17:37:34

In the first quarter of this year business environment index has decreased and made 96% and it made 94.2% compared with the same quarter of the last year. According to

From July 1 the underground fare will rise twice
  • Economy
  • 2011-06-21 14:15:52

From July 1 the fare of Yerevan Metropolitan will become 100 drams instead of 50 drams. Yerevan Mayor Karen Karapetyan announced this today. The municipality also plans to replace

EU gives another 5 million euro to support vocational education and training in Armenia
  • Economy
  • 2011-06-21 12:15:40

In June 2011, the European Commission released EUR 5 million from the AP 2009 Sector Policy Programme in support of vocational education and training (VET) in Armenia. The expected

Stepanakert Retirement Home is being reconstructed
  • Economy
  • 2011-06-20 12:04:41

Hayastan All-Armenian Fund begins reconstruction of Stepanakert Retirement Home The extensive project is made possible by major donation from fund benefactor Armen Shakhazizyan. The Hayastan All-Armenian Fund has launched extensive renovations

On May in consumer market of Armenia 0,04% inflation was registered
  • Economy
  • 2011-06-20 11:16:30

On May in Armenian consumer market 0,04% inflation was registered. The general level of prices of food products (including alcoholic drinks and cigarette) has remained unchanged, the price of

Oil Products Depot In Armenia on Agenda
  • Economy
  • 2011-06-18 18:41:43

18 Jun 2011 Managing director of the National Iranian Oil Refining and Distribution Company NIORDC) on Friday outlined the outcome of talks with Armenia on exporting oil products and said

ARARATBANK will publish obligations for the 4th time
  • Economy
  • 2011-06-17 19:47:51

On June 17, ARARATBANK announced that next week it would begin the distribution of the 4th edition of its obligation. As the executive director of ARARATBANK informs, this

The action titled “Let’s grow more, feed our planet” is held in Yerevan”
  • Economy
  • 2011-06-17 16:13:43

On June 17, a surprise was in store for the employees of the RA Ministry of Economy and the State Commission for the Protection of Economic Competition as they

“Locally produced food is much more secure compared to the imported one”, assures the National Consumers Association
  • Economy
  • 2011-06-17 14:04:44

Locally produced food is much more secure for consumers compared to the imported one. This is reported at the press conference titled “Food market credibility in the context of

The Armenian delegation will take part in the work of the 15th International economic conference of St. Petersburg
  • Economy
  • 2011-06-16 19:06:21

On June 17, the delegation headed by RA Deputy Prime Minister, the Minister of Territorial Administration Armen Gevorgyan will take part in the 15th International economic conference of St.

Tigran Sargsyan presented to the Armenian businessmen in Diaspora the business environment in Armenia and the perspectives of investment projects
  • Economy
  • 2011-06-15 21:21:08

On June 15, RA Prime Minister Tigran Sargsyan arrived in the United Kingdom of Great Britain and Northern Ireland on a working visit. Earlier today, Tigran Sargsyan met the

VivaCell-MTS has rendered AMD 25 million of assistance to the Agriculture and Village Assistance Fund of the Ministry of Agriculture
  • Economy
  • 2011-06-15 19:12:00

VivaCell-MTS, a subsidiary of “Mobile TeleSystems” OJSC, informs that AMD 25 million was allocated for supporting Armenian farmers in Armavir region, which suffered the most from hails and rainfalls.

Armenia will not refuse the construction of new nuclear power plant (NPP)
  • Economy
  • 2011-06-15 13:50:14

The tragic events at NPP "Fukushima-1" in Japan cannot lead to a refusal of Armenia from the project of building new nuclear power in Armenian NPP, declared Armen

According to Artur Javadyan this year Armenian banking system has a good index
  • Economy
  • 2011-06-15 13:10:35

According to the data of 5 months of this year the Armenian banking system has improved its several indices. President of the Central Bank Artur Javadyan, declaring about

The program of peasant crediting will continue
  • Economy
  • 2011-06-15 12:57:41

During the last two months, RA government undertook such called program of peasant crediting. It took the currency risks of the banks and the compensation of 4-6 percentage point

Armenian-German Foundation refinances necessary programs
  • Economy
  • 2011-06-14 23:38:16

“Armenian-German Foundation” was formed in 1999-2001, by the support of Germanic KfW bank and RA Central Bank. Nowadays, the foundation carries out 6 programs, which are financed by different

GDP growth: Hares and tortoises
  • Economy
  • 2011-06-14 10:00:28

The Economist online- Which countries have had most, and least, GDP growth per person since 2001? FOR all its faults, GDP per person is still the measure that gives the

World Bank says developing countries need to shift from crisis-fighting to policies that will sustain growth
  • Economy
  • 2011-06-13 16:40:39

WASHINGTON, June 7, 2011 – As they put the financial crisis behind them, developing countries need to focus on tackling country-specific challenges such as achieving balanced growth through structural

Hayastan All-Armenian Fund builds gas network in Artsni
  • Economy
  • 2011-06-10 11:44:20

The Hayastan All-Armenian Fund is building a natural-gas system in Artsni, a village in Armenia’s Lori Region. The project is sponsored by the fund’s German affiliate. “Our goal is to

Hovhannes Mkrtchyan: " Up to now there has been recorded no decline of animals due to an acute infection in the Republic”
  • Economy
  • 2011-06-09 18:17:39

The imported vaccines against 10 diseases for agricultural animals have already been divided among all the regions of the country were the inoculation activities have already begun and will

Arsen Nazaryan: " The meeting will help to understand the problems of business environment more clearly"
  • Economy
  • 2011-06-09 12:40:33

IFC Helps Armenia Simplify Export and Import Procedures, Improving Investment Climate Yerevan, Armenia, June 7, 2011—IFC, a member of the World Bank Group, is providing advice to Armenia on how

Tigran Sargsyan: “The World Economic Forum should reveal the potential of cooperation of Europe, Asia, Caucasus”
  • Economy
  • 2011-06-08 20:13:59

The main goal of the World Economic Forum on Europe and Central Asia is to view the global developments in the pre-context of the existing regional issues and also

RA Prime Minister Tigran Sargsyan met the Prime Ministers of Ukraine and Austria
  • Economy
  • 2011-06-08 18:50:37

The Prime Minister is in Vienna for participation in the World Economic Forum on Europe and Central Asia. In the agenda of RA Prime Minister Tigran Sargsyan bilateral meetings

On June 7, the governmental delegation headed by Tigran Sargsyan will leave for Vienna
  • Economy
  • 2011-06-06 18:05:13

On June 7, the governmental delegation headed RA Prime Minister Tigran Sargsyan will leave for Wien to participate in the meeting of World Economic Summit on the issues of

Cascade Insurance staff members helped Davtyans family to build their house
  • Economy
  • 2011-06-06 15:21:43

June 6, 2011 -Cascade Insurance 13 Staff members joined Fuller Center for Housing Armenia beneficiary family of Davtyans at the building site in the village of Ashnak, Aragatsotn region. Cascade

The tax projects during the next five years will contribute to the development of the livestock farms of mountainous communities in Armenia
  • Economy
  • 2011-06-03 18:18:22

On March 22 of the current year the World Bank Board of Executive Directors approved the 16 million USD loan for “The project of the management and competitiveness of

“We have not seen any extraordinary things during the checkups in the Armenian Nuclear Power Plant,” OSART Mission head says
  • Economy
  • 2011-06-02 21:41:12

An international group of experts for the security of nuclear devices, OSART mission, led by the International Agency for Atomic Energy (IAAE), implemented checkups in Metsamor Nuclear Power

Armen Movsisian and Marie L. Yovanovitch signed a Memorandum of Understanding on energy resources
  • Economy
  • 2011-06-02 15:09:10

On June 2, Ambassador Marie L. Yovanovitch and Minister of Energy and Natural Resources Armen Movsisian signed a Memorandum of Understanding on conventional and unconventional energy resources. This

Inecobank opened a new branch in Kentron district.
  • Economy
  • 2011-06-02 14:55:37

The opening ceremony of “Tigran Mets” branch of Inecobank is another step to be more available for costumers On June 1, 2011 the official opening of Inecobank’s new “Tigran Mets”

In 2011 ProCredit Bank will use additional USD 10 million for development of the SME
lending
  • Economy
  • 2011-06-02 11:15:11

Within the scopes of the loan agreements signed with EBRD (London) and BlueOrchard Finance SA (Geneva), in the year 2011 ProCredit Bank will allocate USD 10 million more for the development

Tigran Sargsyan and Asad Alam discussed a number of issues referring to the cooperation between RA government and World Bank
  • Economy
  • 2011-06-01 18:49:21

On June 1, the Prime Minister Tigran Sargsyan received WB Regional Director for the South Caucasus Asad Alam. During the meeting the sides discussed a number of issues referring

Tigran Davtyan: “All necessary conditions exist in Armenia for investments and success in business”
  • Economy
  • 2011-06-01 16:16:14

On June 1, the opening ceremony of “Pepsi Cola Botler Armenia” fabric of “Jermuk International” took place in Yerevan and RA President Serzh Sargsyan were present there. As

Serzh Sargsyan visited “Pepsi Cola Botler Armenia” factory
  • Economy
  • 2011-06-01 15:11:50

On June 1, RA President Serzh Sargsyan visited “Pepsi Cola Botler Armenia” factory of “Jermuk International” opened in Qanaqer-Zeytun. After the opening ceremony President Sargsyan toured the fabric and

“Saur” was offered to take part in the coming competition of Yerevan scavenging and sanitary cleaning service
  • Economy
  • 2011-05-31 13:47:43

On May 31, Yerevan Mayor Karen Karapetyan met the director of the Armenian branch of French “Saur” company Patrik Loren, and the manager of Armenian Water Sewerage company,

The official opening ceremony of “Gyumush pumping station” will take place on June 1
  • Economy
  • 2011-05-31 13:01:52

On June 1, in Karenis community of Kotayk region the official opening ceremony of “Gyumush pumping station” will take place. The press service of “Yerevan Jur” company informed

Launch of “ProCredit Bank Young Banker
  • Economy
  • 2011-05-27 12:28:44

ProCredit Bank announces the launch of the “Young Banker Program”. The program, which lasts for 6 months, offers a unique opportunity to promising young, motivated people, selected on a competitive basis,

Bako Sahakyan convoked a working consultation dedicated to the activities carried out in the sphere of agriculture
  • Economy
  • 2011-05-25 19:05:21

On 25 May President of the Artsakh Republic Bako Sahakyan convoked a working consultation dedicated to the activities carried out in the sphere of agriculture. The issue of eliminating consequences

RA Prime Minister and RF Ambassador discussed the issues of deepening cooperation on the interregional level
  • Economy
  • 2011-05-25 14:54:22

On May 25, RA Deputy Prime Minister, the Minister of Territorial Administration Armen Gevorgyan received RF Ambassador to Armenia Vyacheslav Kobalenko. The First Deputy of TC Ministry V. Terteryan

Karen Karapetyan: “Nowadays favourable business environment is formed from the point of view of investment in Yerevan”
  • Economy
  • 2011-05-25 14:50:05

On May 25, during the meeting of Yerevan Mayor Karen Karapetyan and the first deputy for Transcaucasia of the head of Czech Finance Ministry State Guarantees Department Irzhi Skura

VivaCell-MTS’ Career Development Program presented at Youth Career and Development Expo
  • Economy
  • 2011-05-23 10:32:20

May 22 VivaCell-MTS, a subsidiary of “Mobile TeleSystems” OJSC, informs that the Company’s Career Development Program was presented at Youth Career and Development Expo, organized by Youth Professional Orientation

Bako Sahakyan met chairman of the Armenian Central Bank Arthur Javadyan
  • Economy
  • 2011-05-21 16:12:04

On 21 May President of the Artsakh Republic Bako Sahakyan met chairman of the Armenian Central Bank Arthur Javadyan. According to the Central Information Department of the Office of the

Issues related to developing agriculture as well as cooperation of the two Armenian states in this sphere were discussed
  • Economy
  • 2011-05-21 13:43:33

On 21 May President of the Artsakh Republic Bako Sahakyan received minister of agriculture of the Republic of Armenia Sergo Karapetyan and his deputy Grisha Baghiyan. Issues related to developing

Bako Sahakyan: The authorities of the republic are interested in developing bioenergetics in Artsakh
  • Economy
  • 2011-05-19 18:54:58

On 19 May President of the Artsakh Republic Bako Sahakyan convoked a consultation dedicated to the issues of developing bioenergetics in the republic. The Head of the State noted the

Sergo Karapetyan: “The Ministry of Agriculture is your partner”
  • Economy
  • 2011-05-17 16:12:32

The Ministry of Agriculture is your partner. I also view you as my partners. With that said, we have to work sincerely in a field of transparency so that

During April tree planting took place in 22 villages of Armeia
  • Economy
  • 2011-05-17 12:51:46

Armenian youth plants trees in their communities Cooperation project between Heifer International, Polish Aid and Development Principles NGO Yerevan, Armenia, May 17, 2011 In the Framework of Young Agriculturist Network as

Repair works will be carried out in six arts and music schools of the capital Yerevan
  • Economy
  • 2011-05-17 12:11:52

Repair works will be carried out in six arts and music schools of the capital Yerevan This time AMD 17 million is allotted for the renovation of sanitary infrastructure

EU approved the decision of giving financial support to Portugal
  • Economy
  • 2011-05-17 11:14:41

The Ministers of Finance of European countries approved the decision of giving Portugal 78 milliard Euro credit, which is more than 110 milliard USD. During the meeting held in

Fuller Center for Housing Inc. board members from U.S.A. visiting Armenia for one week and building with an Armenian family in need of a proper house
  • Economy
  • 2011-05-13 15:54:44

May 13, 2011 - Fuller Center for Housing Inc. board members from U.S.A. brought work clothes to Armenia and joined Gyozalyan family in Dasht village, Armavir region to build

Second Issue of Artsakh HEK ojsc Stocks Listed at NASDAQ OMX Armenia
  • Economy
  • 2011-05-11 18:11:33

Starting May 11, 2011, common nominal stocks issued by Artsakh HEK open joint stock company will be listed on B market of NASDAQ OMX Armenia. A total of 1,400,000

RA Deputy Prime Minister and the president of UAE Federation of chambers of commerce and industry underlined the necessity of development of trade industrial relations
  • Economy
  • 2011-05-11 16:01:18

Today, RA Deputy Prime Minister, the Minister of territorial management Armen Gevorgyan in the frames of the visit to United Arab Emirates met the president of UAE Federation ofchambers

The "Park Hotel Artsakh" hotel complex opened in Stepanakert
  • Economy
  • 2011-05-11 13:10:44

On 11 May President Bako Sahakyan partook at the solemn ceremony of opening the “Park Hotel Artsakh” hotel complex in capital Stepanakert. The Head of the State considered hotel network

Tondo Renco is ready to contribute to the deepening of the Armenian-Italian Relations
  • Economy
  • 2011-05-11 11:44:40

The mayor of Yerevan Karen Karapetyan met the delegation of Friuli Venice Julia region of Italy in Yerevan and the Ambassador of Italy to RA Bruno Skapini. Karen Karapetyan,

"We have no fate because of the gold under our feet", say the people of Armanis
  • Economy
  • 2011-05-11 11:19:25

It is already three years that in Armanis village of Stepanavan district of Lori region blasting jobs are carried out in the polymetallic mine to take out the gold.

The month of Work safety started in the SCR
  • Economy
  • 2011-05-10 13:07:57

On May 10, in the “South Caucasus Railway” CJSC the month of the Work safety started. The event is carried out because of the discovery of the deficiencies and

Daniel W. Yohannes Attends the Opening of the First Pumping Station Completed under MCA-Armenia Program
  • Economy
  • 2011-05-05 19:24:43

During the third day of his three-day visit to Armenia, Chief Executive Officer of the Millennium Challenge Corporation (MCC) Daniel W. Yohannes, accompanied by RA Prime Minister Mr. Tigran

Arayik Vardanyan: “We need to raise the awareness of Armenian businessmen”
  • Economy
  • 2011-05-05 14:31:26

“Armenian Trade Network” company formed during the conference of the representatives of the Armenian trade industrial chambers and business unions held at the end of April in Yerevan, elected

U.S. Government will provide $ 27 million assistance to Armenia this year
  • Economy
  • 2011-05-03 16:19:23

USAID Senior Deputy Assistant Administrator for Europe and Eurasia Roberta Mahoney arrived in Armenia on April 30 on a four-day working visit, during which she met with representatives of

On May 3, the Executive Director of The Challenge of Millennium Corporation Daniel Johannes will pay an official visit to Armenia
  • Economy
  • 2011-05-02 13:21:45

From 3 to 5 of May the Executive Director of The Challenge Millennium Corporation (CMC) Daniel Johannes will pay an officiall visit Armenia. He will meet RA high-ranking officials

Bako Sahakyan convoked a working consultation dedicated to the development of information and telecommunication technologies in the republic
  • Economy
  • 2011-04-30 15:03:03

On 30 April President Bako Sahakyan convoked a working consultation dedicated to the development of information and telecommunication technologies in the republic. Special attention was paid to the issue of

Bako Sahakyan noted the importance of developing small and medium business in the southern section of the Kashatagh region
  • Economy
  • 2011-04-29 17:55:52

On 29 April President Bako Sahakyan visited the construction sites of a new hospital being built in the Berdzor regional center and Syunik-2 hydropower station near the Aghavno settlement

The steps are taken in uniting the trade potential of Armenia and Diaspora
  • Economy
  • 2011-04-29 17:49:37

The representatives of Armenian Chamber of Commerce and Business Union began their work on April 29, in Yerevan. Their aim is to stimulate the development of activation and cooperation

World Bank Yerevan Office Announces the Essay Competition Results
  • Economy
  • 2011-04-28 16:22:44

The World Bank Yerevan Office announces the results of the nation-wide essay competition for students held in the period of February 1 - March 10, 2011. The results of

Serzh Sargsyan visited the new constructed factory complex of “Polimer Trub” Ltd
  • Economy
  • 2011-04-27 15:06:21

On April 27 the president Serzh Sargsyan visited the new constructed factory complex of “Polimer Trub” Ltd located at Merdzavan village in Armavir region. After the opening ceremony of

Armenian energetic system can any time cause serious crashes
  • Economy
  • 2011-04-27 14:57:58

Today "The Armenian energetic association" social organization wrote to the Public council of RA and expressed its thoughts concerning the extremely bad state of techniques of the Armenian energetic

The Minister of Transport and Communication received the ambassador of Romania
  • Economy
  • 2011-04-27 13:44:53

On April 27 the Minister of Transport and Communication Manuk Vardanyan received the ambassador of Romania to Armenia Krina Rodiqa Pronariu. During the meeting the perspective programs of cooperation

The cooperation between the Ministry of Agriculture and "Orange Armenia"
  • Economy
  • 2011-04-27 01:41:03

The Minister of Agriculture Sergo Karapetyan received the chief director of "Orange Armenia" Bruno Dyutua. The plans concerning the cooperation were discussed during the meeting. Sergo Krapetyan noted, "I

Orange decreases tariffs for off-net calls
  • Economy
  • 2011-04-21 15:03:29

Orange today announced about several changes in the tariff plans of Let’s Talk prepaid service. From now on, Orange Let’s Talk customers can call customers of other operators in Armenia

ProCredit Bank Introduces a New Service: Cumulative Term Deposit “Pro+”
  • Economy
  • 2011-04-21 13:50:33

To enhance its customer satisfaction level, ProCredit Bank expands the range of provided services and presents a new cumulative term deposit to private individual customers. Cumulative term deposit is an alternative option

The dwellers of Sotq claim on preventing the illegal construction of the grinding and sorting complex in the goldmine

  • Economy
  • 2011-04-20 15:04:49

In the community house of Sotq of Gegharquniq region, on April 19, a public discussion took place dealing with the problem of legality of the construction of the grinding

New "Simple" tariff plan at Orange
  • Economy
  • 2011-04-19 15:45:20

The same 20 AMD/min tariff to call the subscribers of all networks in Armenia Today Orange presented a new tariff plan for subscribers of "Let’s Talk" prepaid voice services, which,

A number of companies which produce meat have been fined for the manifestation of unfair competition
  • Economy
  • 2011-04-18 13:26:02

At the result of the monitoring carried out by the State Committee of Protection of Economic Competition of RA, meat types of different production companies have been found out

More than 70 regions are included in Armenian-Russian cooperation program
  • Economy
  • 2011-04-18 13:22:07

Having understood the importance of the conference, Tigran Sargsyan noted, "I am happy that the plan of tightening the regional relations between the presidents is carried out. I am

“Банк ВТБ (Армения)” подключился к системе де
  • Economy
  • 2011-04-13 15:57:54

“Банк ВТБ (Армения)” подключился к очередной международной системе денежных переводов - “Лидер”. Начиная с 11-го апреля с.г., физические лица – клиенты Банка получили возможность отправлять и получать денежные переводы

The “South Caucasus Railway” seeks to become a regional transport operator
  • Economy
  • 2011-04-12 14:04:46

The sitting of the permanent Committee of the development of the normative-legal base of calculations of international Railway started in Yerevan. At the sitting, which will end on April

HSBC BANK ARMENIA CJSC WINS THE BEST BANK IN ARMENIA AWARD
  • Economy
  • 2011-04-04 15:44:18

HSBC Bank Armenia cjsc was named the “Best Bank in Armenia” for the third year and HSBC was the “Regional Winner’ in a Global Finance survey which listed

Bako Sahakyan visited the villages of Avetaranots and Aknakhbyur of the Askeran region
  • Economy
  • 2011-04-02 23:11:34

On 2 April President of the Artsakh Republic Bako Sahakyan visited the villages of Avetaranots and Aknakhbyur of the Askeran region and met with representatives of the communities. In the

Prime Minister meets with WB representatives
  • Economy
  • 2011-04-01 17:34:00

Prime Minister Tigran Sargsyan received a World Bank delegation led by leading economist for South Caucasian Pedro Rodriguez. In attendance was head of the World Bank Armenia office Jean-Michel

The enterprise of Jermuk International Company is due to be commissioned this May
  • Economy
  • 2011-04-01 15:37:42

On visit to Jermuk International Company, which is the Armenia representative of PepsiCo International, Prime Minister Tigran Sargsyan familiarized himself with the pace running works at the newly founded

Tigran Sargsyan and Micheline Calmy-Rey discussed possibilities for economic interaction
  • Economy
  • 2011-04-01 13:38:01

Prime Minister Tigran Sargsyan met with President of Switzerland Micheline Calmy-Rey on the sidelines of Swiss President’s official visit to Armenia. On behalf of the Prime Minister of the Republic

U.S. Government Funded MCA-Armenia Program Trains 45,000 Armenian Farmers
  • Economy
  • 2011-03-31 12:42:04

MCA-Armenia conducted its last training session of the Water-to-Market program (WtM) on March 30, 2011 in the Alapars community of Kotayk Marz. Certificates of completion were awarded to the

IFC will provide a $20 million loan to ACBA-Credit Agricole Bank
  • Economy
  • 2011-03-30 18:35:31

IFC, a member of the World Bank Group, is helping Armenia’s ACBA-Credit Agricole Bank expand microfinance and lending to small and medium-sized companies, including those operating in agribusiness sector,

M&A volumes look to increase as privately held businesses plan for strategic growth
  • Economy
  • 2011-03-29 12:22:48

An increasing number of privately held businesses (PHBs) are planning to grow through acquisition according to the Grant Thornton International Business Report (IBR), which provides insight into the views