  VBT Bank Armenia supports Armenian economyJuly 6, 2009 - 14:21 AMT PanARMENIAN.Net - VBT Bank Armenia, in compliance with the Bank's strategic program for 2008-2010, has sponsored the purchase of incubators for Araks poultry factory to the amount of 1.66 million euro.The poultry factory is planning expand production and ensure output of 400 thousand eggs per day. Presently, the factory produces 350 tons of poultry monthly, what makes 30% of the Armenian market. During the period of 2001-2008 the production increased fivefold.   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 Biden honors resilience of Armenian people on April 24  U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide.Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan.Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says.Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |
