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Business Armenia promotes investment at EBRD's London event

Business Armenia promotes investment at EBRD's London event

June 25, 2018 - 12:02 AMT  08:02 GMT
The representatives of the Armenian investment promotion agency took part in the EBRD reception held in Westminster Palace.
Romanian carrier TAROM sells two Airbus A310 to Armenia Airways

Romanian carrier TAROM sells two Airbus A310 to Armenia Airways

June 22, 2018 - 15:20 AMT  11:20 GMT
TAROM has sold its two Airbus A310 aircraft, bought in 1991, to Armenia Airways, a newly-established company, for €5.5 million
Innovative and 'green' Kamar business center is unmatched in all of Armenia

Innovative and 'green' Kamar business center is unmatched in all of Armenia

June 20, 2018 - 16:57 AMT  12:57 GMT
Ruben and Mikayel Hasratyan designed the building, while sculptor David Yerevantsi authored the metal tree sculpture adorning the entrance.
Tashir to partially compensate energy costs of low-income families

Tashir to partially compensate energy costs of low-income families

June 20, 2018 - 12:05 AMT  08:05 GMT
According to a statement by the company, the compensation will be provided for a monthly threshold of up to 250 kWh.
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.