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.
November 9, 2009
On October 10, Armenian and Turkish Foreign Ministers met in Zurich to sign Protocols on normalization of bilateral ties. In an interview with PanARMENIAN.Net, Member of Parliament Ara Nranyan, ARFD Advisor on Economic Issues, introduced the results of party's report concerning economic prospects for Armenia and Turkey in case of opening of the border.
October 26, 2009
Nowadays, companies should develop and implement innovative technologies for efficient activity and competitiveness. Head of Ameria consultancy Gagik Sahakyan commented on Armenian consulting industry and its problems in an interview with PanARMENIAN.Net.
October 5, 2009
Macro-economic situation in Armenia suffers from the consequences of untimely realization of institutional reforms. At the same time, the country's banking system was able to resist external shocks thanks to the regulation and surveillance system in the sphere, ex-Economy Minister, Professor and Doctor of Economy Edward Sandoyan, Pro-Rector of Russian-Armenian (Slavonic University), told a PanARMENIAN.Net reporter.
July 29, 2009
Economic crisis offer new opportunities for a large number of companies. Financial director of STAR supermarket network Gurgen Narimanyan comments to PanARMENIAN.Net how to float.