Business & Economy

According to our information, Russian Itera Development Group is interested in buying Nairit company. This Russian company is included in a large group of international companies Itera, which used to owe 5% in ArmRusGazArd company, which was sold to GazProm in 2008. This information is interested in consideration of another piece of information published one …

According to the economic analysis “Ria-Analitica” center Armenia occupies the last place in the rating of the countries with lowest minimum salary. They have picked the lowest starting point, which cannot be any lower according to the law. In Armenia the minimum monthly salary is 86,8 USD. The next places are occupied by Moldova – …

Next year’s budget continues to be a topic for heated discussions. The government intends to increase tax incomes by 101 billion drams. Particularly, tax incomes will increase by 82.2 billion and mandatory social payments will increase by 18.6 billion. What this increase is accounted for? The prime-minister removed the parentheses a little bit and said …

The theme of small and medium businesses is the inseparable part of the speeches of the Armenian statesmen. They have always said that it’s necessary to develop, cherish and protect the small and medium businesses. However, besides speaking, nothing else is done in that direction. The impression is that they are uttering these words by …

Starting from yesterday Armenia launched an official state census, which will continue till October 21. 2,5 billion AMD will be spent on it. 56% of that amount was allotted by the government. The rest was provided by international structures and other counties. Approximately 12 thousand associates will be visiting homes with questionnaires consisted of 33 …

Last economic week was a week of tariffs. A lot of information was published about tariffs in Armenia. It was too much and very strange. In the beginning Haykakan Zhamanak newspaper published the interview of Armentel company general director Igor Klimko. In answer to the journalist’s question whether it is true that Armentel wanted to …

The RA State Budget 2012 in the center of attention of those citizens of Armenia, who are interested in the economic processes in the country. The budget was days ago approved by the RA government. It still doesn’t have a name. The previous ones had names (social budget, anti-crisis budget, etc) because in the Armenian …

The media is full of publications about the government’s session on Thursday and the debate between PM Tigran Sargsyan and the president of the State Income Committee Gagik Khachatryan. During this session the government discussed the budget of 2012 and the PM said that the budget income part should be increased by 100 billion drams. …

The authorities have started to focus on international organizations and their reports again. We have published information about this in the previous edition, but in this article we will write about one of those reports. This article concerns the recent “Doing business” report and its criteria concerning accessibility to borrowings. In this report published in …

– Mr. Khacahatryan, the demand to modernize the border points was raised by the RA President last year, during his business visit to Tavush. Last year two inter department working–groups were created, which were to present program and schedule for modernization of border points. Taking into account the fact that you are the head of …