ARMENAL posts 3.7% production drop in 2012 first halfAugust 27, 2012 - 20:58 AMT PanARMENIAN.Net - Yerevan foil rolling plant ARMENAL produced 12 630,1 tons of foil in the first half of 2012, decreasing by 3.7% as compared with the same period last year. Drop in production is conditioned by last winter’s unfavorable weather conditions in Black Sea ports, causing difficulties for ARMENAL to import raw materials from RUSAL factories. According to Armenia’s State Revenue Committee, in Jan-June 2012 ARMENAL replenished RA budget with AMD 672,85 mln, increasing by 11,1% as compared to the last year’s index. Payments to Armenia State Social Security Fund grew by 12,0% to total AMD 137,85 mln, the company’s press service reported. In 2012 first half year, average salary increased by 5% to total AMD 262 105 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 | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |