Business & Economy

The Russian Forbes journal published the list of the richest owners of real estate properties of Russia. The rating list entitled “Kings of real estate” includes either physical persons or groups of physical persons that have huge commercial property. Armenian Samvel Karapetyan, who is the founder and owner of Tashir group, is in the third …

According to our information, the state incomes committee has checked-up the financial activities of Aviaservice company, which belongs to the president of Prosperous Armenia party Gagik Tsarukyan and is occupied in airline catering services and airline ticket sales. According to our sources of information, a lot of violations have been found in this company and …

The New Year comes with analysis of the achievements of the past year and, what is more interesting, predictions for the coming year. It is more interesting especially when there is no chance to be mistaken. Now everybody understands that this year, which is the year of the rabbit, is going to be the year …

We finalized the economic processes of the year in our previous publications to close the economic year. Thus, we have written that the country had only 2.6% DGP growth during this year. It is a very low economic growth in order to be able to speak of successful projects. The GDP growth could be higher …

Hrant Bagratyan Part 1. ECONOMIC EQUILIBRIUM IN GLOBAL WORLD AND MEGAECONOMICS Introduction. The 2008-2009 World Economic Crisis keeps on attracting economists’ attention. Despite the fact that in the 4th quarter of 2009 and the first half of 2010 the macroeconomic results in the majority of countries showed clear progress, specialists outline the Crisis’ incredible consequences …

In the period of January-November 2010 the GDP of Armenia has grown by 2,6% compared to the same period of the previous year (reached 3.1 billion). The production capacity has grown by 9.8%. However, the sectors of construction and agriculture are closing the year with negative growth at 3.8 and 14.5% correspondingly. In the same …

The statistical services of Armenia have published the concluding annual report on the macroeconomic situation in Armenia. According to the statistical services, in the period of January-November the GDP of Armenia grew by 2.6% compared to the same period of the previous year. The final comprehensive report concerning the 12 months of this year will …

Is it possible for an adult to survive for one month with 25,000 drams in Armenia? This is the average pension our state gives to pensioners. Can the official be in their place at least for several days instead of speaking beautiful toasts? Journalists asked this question to the former chief of social protection services …

According to our information by the end of the year the general director of the Armenian Electrical Network Yevgeni Gladunchik will resign from his post. Although officially his resignation will be connected with his appoint to another job the reality is that the Russian owner of the AEN, the Inter RAO YES is dissatisfied with …

The Transparency International organization has published a report entitled World Barometer of Corruption 2010, in which the education system of Armenia is described as one of the worst ones in the world. The biggest problem in this sector is corruption. Everybody knows that corruption is widespread in the country and the way they are struggling …