Business & Economy

We may have added that the CB would be surprised (because we mean the prices of goods). But to its honor the CB is not surprised at all. Here they quite easily mention that we are approaching the dual-digit inflation and they don’t exclude that the prices may grow higher. And so while the representatives …

“In Armenia the industry hasn’t grown more than 5% during the past 10 years. The reason of that is monopolization because monopolies don’t need industry,” told our reporter and Armenian famous economist, academician of the Russian Academy of Science Abel Aghanbegyan. He mentioned that monopolization mainly relates to importation because the most of the money …

Famous Armenian economist Abel Aghanbegyan is currently in Armenia. Yesterday he was participating in the festival of the Supreme School of Corporative Management of Armenia. This school, which grants an MBA degree, closely cooperates with the Russian Federation Economy Academy, the economy and policy department of which is headed by Abel Aghanbegyan. The 78-year-old professor …

The State Committee of Economic Competition Protection (SCECP) has published the results of their survey in the market of cheese. The reason of this survey was the recent growth of cheese prices in the market, i.e. two months ago the prices of cheese grew by 35-40%. The most interesting thing in the report published by …

The State Committee of Economic Competition Protection (SCECP) has published a report on survey in the market of cheese. People have been waiting for such information or at least explanation for a long time. The SCECP has really did some work and found out certain things, which surprise both the commission and the society. Following …

On November 23 a battery production company named Elbat was opened in Yerevan. The owners of the Armenian-German Elbat company are the former minister of development and existing MP Karen Chshmarityan (24%), the director of the company Samvel Abrahamyan (25%) and Cronimet Mining company (51%). This information was published by the hetq.am, which informs that …

From the very beginning of this project announced by the government people were sure that the benefits of this project would not be adequate to the noise made for it. However, the initiators of the project were insisting on the vice versa, but through the time they understood that something should be changed there too. …

Yesterday one of the online sources released quite interesting news. It turns out that every 5th American suffers from mental and psychological malfunctioning and according to the scientists the main reason of that is the financial crisis, economic instability and its consequences. The survey was conducted by the order of the US government. In Armenia …

It doesn’t matter how much the official statistics is accused in drawing fake numbers, sometimes they publish information which really speaks about the existing situation in the country. Of course it is not done openly and the reality should be found in between the lines. It is done in a context, where they, in order …

More than two hundred angry employees of Armenia’s two largest chemical enterprises Nairit demonstrated yesterday to demand the payment of their back wages for the past 3-4 months. They marched to the Presidential residence. “The management of this factory doesn’t communicate with us. In order to reach them we need to go through 5 locked …