Business & Economy

On the occasion of the 20th anniversary of Armenia’s independence Mediamax agency took an interview from the former President of Armenia Robert Kocharyan. Ultimately it’s worth mentioning that Kocharyan was the President of independent Armenia over half of its history – 10 years. Indeed the interview will be in-depth discussed in the coming days. But …

A couple of days ago the president of Union of Banks of Armenia Ashot Osipyan summerized the first term of Armenian banking system and mentioned that unprecedented high indices and good results were recorded for the post crisis period. In particular, according to A. Osipyan, during the first half of the current year the actives …

With our competition Armenia occupies 92nd place among 142 states. This was mentioned in the World Competition Report of the World Economic Forum. Although compared to the previous year Armenia improved its position by 8 points but continues yielding to the rest of the countries of the region especially Azerbaijan. Armenia occupied the worst rank …

Quite recently at some occasion the Prime Minister of Armenia Tigran Sargsyan stated that the business environment of our country is improving. As evidence to his statement he reminded of e-register website, which enables to register a company within 15 minutes. It turns out that the businessmen of our country are not very excited either …

After a long break the WikiLeaks has started a new series of scandalous discoveries. A large amount of cables posted in the web site concern Armenia. The first phase was on August 24, when thou8sands of cables were posted on the web site, including several dozen cables concerning Armenia and cables sent by Ambassadors. Later …

Eventually we succeeded in coping with inflation. At least the national statistics has published such information. The recent publication of consumer products prices on part of the National Statistics Service (NSS) for January-August 2011 shows that the inflation rate for 12 months as of August was 4.8%. This means that compared to the same month …

Prime-minister Tigran Sargsyan announced during a recent meeting with the foreign affairs ministry administration and diplomats that in 2011 it is planned to have 4,6% GDP growth. He also made a presentation on the current situation of the economy, the government’s plans and activities for development purposes. The PM said that those efforts and activities …

In parallel with the dismantling of the stalls from Yerevan streets in the gorge of Hrazdan a major construction of a luxurious restaurant complex undergoes as showed in the pictures above. The restaurant named Venice belongs to the mayor of Yerevan Karen Karapetyan. It is not hard to imagine how much drive and cash was …

According to the data of National Statistics Service of Georgia during January-July of the current year the volume of exportation in the country amounted to 1 billion 187 million USD. In the aspect of exportation the biggest partner of Georgia is Azerbaijan. The amount of exportation to Georgia is 188,7 million USD, which is 15,9% …

“Armenia imports one million eggs per month from Ukraine, which is delivered by a poultry company to the ministry of defense,” said deputy minister of agriculture Grisha Baghiyan at a press conference and added that 350,000 eggs had been sent back to the supplier because of unacceptable components had been found in them. Shortly the …