  Norvik net income totaled $4.8 million in 2008April 21, 2009 - 16:15 AMT PanARMENIAN.Net - Norvik universal credit organization resumed results of 2008 and started implementation of 2009 plans, organization's PR and marketing department reported. Although 2008 was the second year of operation, the organization's income and total capital has increased. Norvik managing director Tigran Bostanjyan said that according to independent audit conducted by KPMG, Norvik net income totaled $4.8 million in 2008 and even financial crisis did not affect the organization's activity. According to experts, the organization tops the list of Armenian credit companies. Bostanjyan said such success is conditioned by professionalism of organization and new financial services applied by the organization as well as thanks to My Norvik system inserted on organization's website. In September 2006 a new Credit Company Norvik UCO CJSC which is the subsidiary company of Latvia-Iceland Norvik Bank. Norvik was registered and licensed as Norvik Universal Crediting Organization.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news U.S. warns Georgia not to side with Moscow against the west  Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow.Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for childrenMoscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said.Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |
