March 28, 2011
Energy security and sufficiency remain among the most important tasks for Armenia, which strengthens relations with its neighbors through diversification of its energy resources. Specifically, Armenia implements a number of ambitious joint projects with Iran. In an interview with PanARMENIAN.Net, Armenia's Minister of Energy and Natural Resources Armen Movsisyan commented on the implementation process as well as on talks for oil pipeline construction and forthcoming visit of Iranian President Mahmoud Ahmadinejad.
January 31, 2011
In 2010, Armenian government took some measures to regulate the cigarette market and determine approaches to local manufacturers and importers. Regional manager of Armenian representation of Philip Morris Management Services B. V., the major cigarette importer in Armenia, Mr. Sargis Tsaghikyan commented on the company's future plans in an interview with PanARMENIAN.Net.
December 9, 2010
Following its strategy of introducing innovative solutions to the banking market, Ameriabank adopted a new tool – classical factoring. The bank’s factoring division specialist Angela Khachatryan commented on the product’s features and advantages in an interview with PanARMENIAN.Net.
September 16, 2010
Leszek Balcerowiczis, Polish economist, former chairman of the National Bank of Poland and Deputy Prime Minister in Tadeusz Mazowiecki's government, who is famous for implementing the Polish economic transformation program, commonly known as shock therapy in the 1990s, visited Armenia lately to attend “Armenia after crisis: challenges and perspectives” conference. In an interview with PanARMENIAN.Net, Mr. Balcerowiczis commented on crisis-prevention tools and prospects of Armenian-Polish relations.
September 13, 2010
2009 was a hard year for Yerevan Brandy Company, its downswing reaching 35%. However, YBC cut grapes purchases by 10% only and registered a 10% growth in sales volumes in July-August 2010. To tackle the crisis, the Company management took a number of measures, including research to expand the sales market, investments and re-equipment of the bottling workshop. YBC executive director Ara Grigoryan commented on the Company's future plans to PanARMENIAN.Net.
June 21, 2010
The First Investment Consulting Company of Bulgaria (ПЬРВА) will establish an office in Yerevan on June 30, 2010. Company’s President Irina Kotlyarova commented on the plans and perspectives in an interview with PanARMENIAN.Net.
June 16, 2010
The Armenian parliament adopted May 18, 2010 a law on obligatory car insurance, which will take effect January 1, 2011. Acting director of the Association of Armenian Insurance market Members Andranik Ohanjanyan commented to PanARMENIAN.Net on the changes which can be expected and how the republic’s population can react to the innovation.
May 21, 2010
High car import customs dues in Armenia are conditioned by the fact that the republic forms the major part of its national budget with taxes paid at the border. Assistant financial director of Karkomavto LLC Mkhitar Mikaelyan commented on this and other peculiarities of Armenian auto business in an interview with PanARMENIAN.Net.
April 7, 2010
According to experts’ forecasts, Armenia’s economy is near to overcome the financial crisis, which has taught good lesson, revealing its most vulnerable sides - weak diversification, dependence on remittances, and bringing forth the necessity to stimulate local manufacturers for boosting export opportunities. General Manager of ProCredit Bank Armenia, Mr. Bertolt Hertzfeldt presented his vision for 2010 in an interview with PanARMENIAN.Net.
December 4, 2009
Minister of Economy Nerses Yeritsyan holds the post of the country's chief economist in a crucial period when Armenia has to recover from the crisis and carry out long-term relief reform to ensure economic growth. In an interview with a PanARMENIAN.Net, Minister Yeritsyan dwelled on his achievements and drawbacks.