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Armenia produces, exports and consumes more energy

Armenia produces, exports and consumes more energy

October 20, 2017 - 14:23 AMT  10:23 GMT
"Exports have grown by 9.9%," the minister said, adding that energy consumption has also increased in the reporting period.
Armenia: World Bank forecasts 3.7% GDP growth in 2017

Armenia: World Bank forecasts 3.7% GDP growth in 2017

October 19, 2017 - 17:26 AMT  13:26 GMT
Growth and poverty reduction prospects over the medium term remain positive in the country but subject to significant uncertainty.
More than $1 billion investments made in Armenia in H1: minister

More than $1 billion investments made in Armenia in H1: minister

October 18, 2017 - 15:10 AMT  11:10 GMT
According to him, a new draft bill creates favorable conditions for improving the investors protection institute in the country.
Armenia testing new and modern electric train

Armenia testing new and modern electric train (video)

 October 18, 2017 - 12:55 AMT  08:55 GMT
The train has two cars and 129 seats, ventilation, sterilization, fire protection systems, emergency exit windows and information screens.
Armenia to build new nuke plant if it proves efficient pricewise: minister

Armenia to build new nuke plant if it proves efficient pricewise: minister

October 17, 2017 - 16:24 AMT  12:24 GMT
Armenia will build a new nuclear plant if it is efficient price-wise, justice minister Davit Harutyunyan told reporters.
Armenia lags behind neighbors in terms of GDP per capita

Armenia lags behind neighbors in terms of GDP per capita

October 17, 2017 - 13:54 AMT  09:54 GMT
Azerbaijan, however, leads when the GDP is calculated on a purchasing power parity basis, with $17.430 per capita.
Armenian nuclear plant to shut down under new EU deal

Armenian nuclear plant to shut down under new EU deal

October 14, 2017 - 12:19 AMT  08:19 GMT
The new framework agreement to be signed between Armenia and the European Union stipulates the closure of Medzamor plant.
Production of multifunctional trucks to launch in Armenia

Production of multifunctional trucks to launch in Armenia

October 12, 2017 - 15:46 AMT  11:46 GMT
The new plant will provide 40 jobs in the first two years, and more than 1000 jobs as a result of growth in production volumes.
IMF improves 2017 GDP growth forecast for Armenia

IMF improves 2017 GDP growth forecast for Armenia

October 12, 2017 - 11:34 AMT  07:34 GMT
Later on, however, the country's finance minister Vardan Aramyan said that the economy is set to grow by 4.3% this year.
ARARAT Single Cask: The shortest path from the cask to the glass

ARARAT Single Cask: The shortest path from the cask to the glass

October 9, 2017 - 17:46 AMT  13:46 GMT
ARARAT Single Cask is a limited product of Yerevan Brandy Company with 57% abv, produced solely from the grapes of Tavush province.
Armenia's Mountea starts herbal tea exports, hopes to expand soon

Armenia's Mountea starts herbal tea exports, hopes to expand soon

October 6, 2017 - 13:32 AMT  09:32 GMT
Mountea, an Armenian company producing tea from the mountain herbs has begun to export its products to Russia.
Armenia expected to improve Doing Business standing

Armenia expected to improve Doing Business standing

October 4, 2017 - 12:20 AMT  08:20 GMT
According to the speakers, the country will improve its ranking by several points after carrying out all the reforms slated for 2017.
24% more passengers used services of Armenian airports

24% more passengers used services of Armenian airports

October 3, 2017 - 16:26 AMT  12:26 GMT
Passenger traffic in the two Armenian airports grew by 24% in the nine months of 2017 against the same period last year
Ameriabank brings remote banking solutions to DigiTec Expo 2017

Ameriabank brings remote banking solutions to DigiTec Expo 2017

October 2, 2017 - 18:25 AMT  14:25 GMT
The bank unveiled a series of remote banking solutions, in particular how to quickly fill out an online application, make utility payments.
Level of bribery down in Armenia in past year, new report shows

Level of bribery down in Armenia in past year, new report shows

September 29, 2017 - 16:52 AMT  12:52 GMT
Armenia takes the 61st spot among 137 economies reported, Azerbaijan is the 63rd, while Georgia is ahead on the 30th position.
Armenia eyes 2017 GDP growth of 4.3%, up from predicted 3.2%

Armenia eyes 2017 GDP growth of 4.3%, up from predicted 3.2%

September 28, 2017 - 16:43 AMT  12:43 GMT
The government planned to sell $500 million worth of Eurobonds in 2019 or 2020 to refinance a seven-year bond that matures in 2020.
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