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Armenia: Gazprom reduces gas tariffs for low-income families by 20%

Armenia: Gazprom reduces gas tariffs for low-income families by 20%

June 20, 2018 - 10:48 AMT  06:48 GMT
the families in question who consume up to 600 cubic meters of natural gas annually, will pay AMD 80 per each cubic meter.
Breaking stereotypes with ‘Kamar’ - Ameriabank unveils new branch

Breaking stereotypes with ‘Kamar’ - Ameriabank unveils new branch

June 19, 2018 - 18:36 AMT  14:36 GMT
The headquarters of Ameriabank was moved to Kamar business center in downtown Yerevan in April 2018.
Schneider Group opening an office in Armenia

Schneider Group opening an office in Armenia

June 19, 2018 - 11:17 AMT  07:17 GMT
Their services include market entry support, accounting outsourcing, tax consulting, import, support in the settlement of disputes.
Fitch affirms Armenia at 'B+'; Outlook Positive

Fitch affirms Armenia at 'B+'; Outlook Positive

June 18, 2018 - 16:26 AMT  12:26 GMT
Fitch Ratings has affirmed Armenia's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+' with a Positive Outlook.
Iran to increase gas export to Armenia by 60% in 2018: NIGS chief

Iran to increase gas export to Armenia by 60% in 2018: NIGS chief

June 18, 2018 - 11:36 AMT  07:36 GMT
It has been agreed that Iran’s gas export volume to Armenia and dispatch of electricity from Armenia back to Iran should grow as of 2018.
Armenia’s apricot exports grew by 57,000% y/y

Armenia’s apricot exports grew by 57,000% y/y

June 15, 2018 - 17:52 AMT  13:52 GMT
Armenia’s export of apricot as of June 15 has grown by an unbelievable 57,000% against the same period last year.
Armenian energy delegation to discuss gas in Iran

Armenian energy delegation to discuss gas in Iran

June 12, 2018 - 17:17 AMT  13:17 GMT
Behzad Babazadeh said that the Armenian side wants imported gas from Iran to be increased from 1 mcm to 1.6 mcm.
First ever UK-Armenia Business Forum wraps in Yerevan

First ever UK-Armenia Business Forum wraps in Yerevan

June 9, 2018 - 10:14 AMT  06:14 GMT
The event was timed to coincide with the visit of a 10-strong delegation of prestigious UK companies led by Mark Pritchard MP.
World Bank revises Armenia’s GDP growth forecast to 4.1% in 2018

World Bank revises Armenia’s GDP growth forecast to 4.1% in 2018

June 6, 2018 - 12:45 AMT  08:45 GMT
The Bank’s new forecast still offers a somewhat duller image compared to that of the government whose program envisages a 4.5%.
10 UK companies exploring investment opportunities in Armenia

10 UK companies exploring investment opportunities in Armenia

June 6, 2018 - 12:08 AMT  08:08 GMT
The two-day intensive programme includes meetings with Armenian high level state authorities and business representatives
Fitch affirms Armenia's capital Yerevan at 'B+'; Outlook Positive

Fitch affirms Armenia's capital Yerevan at 'B+'; Outlook Positive

June 4, 2018 - 17:43 AMT  13:43 GMT
Fitch Ratings has affirmed the Armenian city of Yerevan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+'.
Iranian company starting pistachio orchards in Armenia

Iranian company starting pistachio orchards in Armenia

June 1, 2018 - 14:23 AMT  10:23 GMT
Pistachio orchards will be planted in Armavir province of Armenia with investments from Tana Partez, an Iranian company.
Made-in-Armenia Smart Home systems enter European market

Made-in-Armenia Smart Home systems enter European market

May 29, 2018 - 11:54 AMT  07:54 GMT
The first 1000 made-in-Armenia devices were sold to three large distributors in Scandinavia, Europe and Russia.
Romania’s TAROM to fly to Armenia in 2018

Romania’s TAROM to fly to Armenia in 2018

May 23, 2018 - 18:07 AMT  14:07 GMT
Romania’s state-owned airline, TAROM, will launch flights this year from Bucharest to Yerevan, Odessa, Baku and Tbilisi.
Fitch assigns a ‘В+’ rating  to ACBA-CREDIT AGRICOLE Bank

Fitch assigns a ‘В+’ rating to ACBA-CREDIT AGRICOLE Bank

May 23, 2018 - 16:21 AMT  12:21 GMT
Fitch rating agency has assigned ACBA-CREDIT AGRICOLE Bank a Long-term Issuer Default Rating (IDR) at “B+” with stable outlook.
BSTDB cooperates with Ameriabank to support SME lending in Armenia

BSTDB cooperates with Ameriabank to support SME lending in Armenia

May 22, 2018 - 12:46 AMT  08:46 GMT
The Black Sea Trade and Development Bank (BSTDB) and Ameriabank have signed a $15 million five-year loan agreement.