Armenia starts 2019 with 6.1% economic activity growth

Armenia starts 2019 with 6.1% economic activity growth

February 25, 2019 - 15:03 AMT  11:03 GMT
According to the National Statistical Service, construction and trade increased by 22.1% and 19.3%, respectively.
Arms producer given green light for $6.7 mln investment in Armenia

Arms producer given green light for $6.7 mln investment in Armenia

February 21, 2019 - 15:02 AMT  11:02 GMT
Weapons manufacturer Arsenal LTD will invest AMD3.26 billion ($6.7 million) in Armenia and create 200 new jobs.
Ameriabank receives EBRD award for Greenhouse Investment

Ameriabank receives EBRD award for Greenhouse Investment

February 21, 2019 - 11:28 AMT  07:28 GMT
Vahan Kajayan said they have supported greenhouses engaged in growing flowers, tomatoes, strawberries.
Armenian economy expanded by 5.2% in 2018

Armenian economy expanded by 5.2% in 2018

February 20, 2019 - 16:49 AMT  12:49 GMT
Agriculture makes up the largest share - 13.7% - followed by processing industry(10.8%) and trade (11%).
Armenian leather will be exported to EU, Asia and Russia

Armenian leather will be exported to EU, Asia and Russia

February 18, 2019 - 12:50 AMT  08:50 GMT
A decision to establish a company in Armenia and engage in export of Armenian goods has been reached.
Global Finance: Ameriabank named Armenia’s best investment bank

Global Finance: Ameriabank named Armenia’s best investment bank

February 15, 2019 - 13:50 AMT  09:50 GMT
The Global Finance magazine has named Ameriabank the best investment bank in Armenia for the fourth year in a row.
Armenia joins OECD’s BEPS Inclusive Framework

Armenia joins OECD’s BEPS Inclusive Framework

February 13, 2019 - 11:08 AMT  07:08 GMT
it allows interested tax jurisdictions to work with the OECD and G-20 nations on monitoring the implementation of the BEPS proposals.
Armenia's textile production expanded 77% in 2018

Armenia's textile production expanded 77% in 2018

February 11, 2019 - 18:23 AMT  14:23 GMT
According to the new statistics, food and tobacco production increased by 10.3% and 8.4%, respectively.
More Armenian companies heading for Moscow's ProdExpo this year

More Armenian companies heading for Moscow's ProdExpo this year

February 11, 2019 - 13:10 AMT  09:10 GMT
Armenian companies will participate in the international exhibition of food and beverage ProdExpo on February 11-15.
Armenia makes ‘record-breaking progress’ in fight against monopolies

Armenia makes ‘record-breaking progress’ in fight against monopolies

February 9, 2019 - 15:37 AMT  11:37 GMT
The country has improved its standing by 9 notches to land the 19th this year, Pashinyan said in a Facebook post.
Ameriabank inks subordinated loan deals with GCPF, responsAbility

Ameriabank inks subordinated loan deals with GCPF, responsAbility

February 7, 2019 - 18:09 AMT  14:09 GMT
Rochus Mommartz said: “Financial institutions with inclusive business models play a key role in driving development.
Tourism in Armenia grew 10.5% in 2018

Tourism in Armenia grew 10.5% in 2018

February 5, 2019 - 16:17 AMT  12:17 GMT
1.651 million international travelers arrived in Armenia in the reporting period against the 1.494 million in 2017.
Business Armenia reports record breaking export indicators

Business Armenia reports record breaking export indicators

February 1, 2019 - 11:18 AMT  07:18 GMT
The National Statistical Service revealed that the country set a new record by selling even more products overseas.
Armenia’s exports hit all-time high

Armenia’s exports hit all-time high

January 31, 2019 - 13:57 AMT  09:57 GMT
Goods and services shipped abroad first surpassed the $2 billion threshold in 2017, when exports totaled $2.242.
UAE businessman establishes eastern bakery in Armenia

UAE businessman establishes eastern bakery in Armenia (video)

 January 30, 2019 - 16:27 AMT  12:27 GMT
The $225,000 foreign investment was made by Khalib Varha, a businessman from the United Arab Emirates.
Armenia, Kalashnikov agree on joint production of AK-12 rifles

Armenia, Kalashnikov agree on joint production of AK-12 rifles

January 30, 2019 - 11:27 AMT  07:27 GMT
Armenian Defense Minister David Tonoyan on Tuesday, January 29 met a delegation representing Russia's Kalashnikov Concern