Business & Economy

In three months after a violation of anti-competition norms in the Armenian market the state committee on protection of competition found out why the price of egg was drastically increased on the threshold of the New Year resulting in super-profits for a number of companies. At that time the price for one egg was increased …

All our fellow-citizens who have ever had an occasion or better to be said misfortune to undergo the terribly bureaucratic process of business registration perhaps will regret now that they didn’t have such an opportunity then. Thus what did the law-abiding citizens of RA do when they wanted to register their own business officially as …

After the famous consultation of the RA president Serzh Sargsyan, when the latter requested the statesmen to visit the villages, stand by the villager, our statesmen in their warm offices suddenly realized their love and passion to the village and the villager. And so they all rushed to the village. The request was so tensely …

The economic index of this month compared the previous February month amounted to 1.4%. This is mentioned in the statement of the National Statistics Service issued yesterday. Let us remember that in January compared to January of the previous year the economic index was 7.7%. As of the sectors of economy separately then besides construction …

Armenia’ss economy continues growing but the rates of the growth declined compared to the previous year. The data of the Armenian National Statistics Service come to prove that. Those were released yesterday and relate to macroeconomic indices of January-February of the current year. As we have already mentioned the NSS doesn’t calculate the GDP every …

While Prime Minister Tigran Sargsyan’s delegation was visiting the Kingdom of Belgium the Armenian media outlets were mentioning that the Prime Minister is in Belgium to ask for money. These allegations were neither denied nor confirmed. There was no concrete information even after his visit. But the speech of Sargsyan at the floor of the …

It turns out that in Armenia not only the authorities are optimists (or are trying to be optimists) but the owners of private companies as well. We came to the conclusion by reading the results of a survey conducted by the ARKA news agency among finance sector representatives concerning the prospects in 2011. Of course …

In our aviation processes acquired interesting developments. First Zvartnots airport refused to serve the flights of Armavia for several hours. And yesterday Armavia delayed one of its flights for an hour. It delayed the flights in protest of the defined high prices of Zvartnots. The protest of high prices is threatening to become our national …

Last week unknown people organized signature collecting in Hrazdan city asking people to sign documents that in case of using the mines in the vicinity of the city they will leave the places of their residence. People are offered to leave their homes and are promised to be provided with temporary places of living until …

As you know Armenia has a structure, which should be in charge of raising the competitiveness of the country. The foundation is called that way – National Competition Foundation. A few people can only tell what this foundation does to make the country competitive. The only project that was completed was the “wings of Tatev” …