Business & Economy

The investigation group led by investigator of the public prosecutor’s office department in charge of special importance investigation Hakob Karakhanyan is investigating several versions of the murder of Albert Ghazaryan, the general public prosecutor of Lori marz. “However, the investigation process is confidential and they cannot discover any information”, said the general public prosecutor’s office …

“Haypost” company has found one more conflict of interests, as a result of which the company has lost AMD167mln. As a result of internal audit ordered by the management of “Haypost” the company has found out and announced that since 2001 “Haypost” has rent several trucks for the purpose of transporting cargo from Iran, Meghri, …

According to the famous “Gallup” polling conducting organization 54 percent of some 1,200 people randomly interviewed from July 5-12 said that they believe Armenia is going in the wrong direction. Lingering socioeconomic problems appear to be the key factor behind the gloomy mood, with only 23 percent of respondents saying that they and their families …

Well-informed sources claim that Haykaram Mkhitaryan (who’s also the affairs manager of RA government), the owner of the largest circulator of Armenian newspapers, “Haymamul”, is negotiating with a company to partly or fully sell Haymamul. We were not able to rectify which company Mkhitaryan is negotiating with.

On May 25 of this year, the Economic Court, Judge A. Sargsyan presiding, issued a ruling (already in force) which could signal a turning point in the operations of the Central Bank (CB). This ruling declared void fines imposed through a series of CB decisions against VTB-Armenia Bank executive director Alexander Vartanov. It may prove …

The Russian federal services for veterinary and vegetables control have closed the import of Armenian meat products and vegetables to Russia. The reason is African plague found in Armenia. Ukraine has done the same too. The general veterinarian of the republic, Grisha Baghyan says that besides meat products and vegetables we cannot export cheese either. …

Yesterday we were informed by “Haypost” that during the previous years the company had more than AMD2bln loss occurred by systematic violations in machinery maintenance and management. The Police is going to institute legal proceedings to find out the amounts of violations. As a result of inner audit of machinery maintenance and management of the …

Yesterday in the inspector general’s courtroom judge Surik Ghazaryan passed decision concerning the deception case of Royal Armenia’s president, Gagik Hakobyan. According to the decision Hakobyan is under search. It happens, though, that Hakobyan is in Spain due to health reasons. However, Hakobyan had presented his local address and telephone number to the court, saying …

The transaction of selling Ararat Gold Recovery Company (AGRC) may finish at the end of September month of this year. According to the official information of the company’s web page, the buyer is the Russian “Production Investors” company. Indian “Vedanta Resources” company, which is the owner of AGRC, informs that that 82,4% of the company’s …

Recently our citizens ask each other with sincere astonishment why the dollar rate is stable. In fact it has been quite long (starting from mid July) that the currency rate teeters from 335-336 AMD per USD. The interesting thing is that the factors, which the slump of the USD is connected with, have not been …