Business & Economy

The Armenian Atomic Electric Station (AAES), which activity was suspended due to planning recovering works and recharging on October 11, will start its operation on November 25. The RA minister of energy Armen Movsisyan has said that the nuclear fuel was already in Armenia at the beginning of September. Just after the transportation of the …

The economic week started with the price shift of gasoline and diesel fuel. According to the already formed tradition it is expected that this fact will automatically raise the price of other products by 10%. Inflation is threatening to become the only topic for the journalists, who write about the country’s economy. There are two …

New activities of estimating the construction of the HES of Meghri on Arax river are being conducted. According to the RA Minister of Energy, Armen Movsisyan it is important to re-assess because the price of the constuction materials has increased. In particular, the price of colored metals has increased about three times. According to his …

The activities of map writing, border adjustments, inoculation of endemic trees and plants, care and treatment, reconstruction of the internal roads and irrigation issues have been solved and completed at the “Shikahogh” state reserve due to 24 million 841 thousand AMD allotted by the RA government current year reserve fund. The previous 10 thousand 300 …

It seems that in coming future we are going to quite often listen to the expression, “years of coldness and darkness”. But the fact that the foreigners have started to speak about that especially if they were not in Armenia during those years, is a real novelty for us. A few days ago the “Business …

“Mika-Cement” company was left outside from the list of 300 major taxpayers of Armenia and has equaled the 800th place by paying only 25 million AMD tax to the budget within 6 months. Let’s mention that during the 9 months of the past year the factory occupied the 117th place in the list by paying …

There are too many parties involved in the first credit project of Yerevan water supply system development – the World Bank(WB), Italian company “A Utility”, The RA government, the RA ministry of finances and economy, the state committee of water economy, Yerevan Water Supply Company (YWC) and other parties. Besides that, there are many famous …

During parliament-government Q/A session the RA minister of transport and communication, Andranik Manukyan said that by giving the “Armenia Railways” under concession management the railways will be saved and will stay being state-owned. He also said that during 17 years only 16 million had been invested in the railways to reconstruct its Yerevan-Ayrum part, which …

There have been no preconditions for the recent increase of cement prices in Armenia. “The cement raw materials are domestic, the energy prices have not been increased either,” said the head of the “Armenian consumers’ rights protection” non-governmental organization Abgar Eghoyan yesterday. According to him, the prices of cement in the Armenian market are managed …

On Sunday in the stores of Yerevan the retail price of 1 kilo sugar was unexpectedly risen by 150-200 drams. If a day ago a sack of sugar cost 11.000 AMD then on Sunday the price was 17.000. And yesterday there was no sugar at all in the stores of Yerevan. As opposed to that …