Business & Economy

26,000 tons of pipes to be imported

13.06.2007

There will be 720-millimeter diameter pipes imported to Armenia with the purpose of stretching the gas/transport network. According to head of the public relations department of the “ArmRusGazard” joint-stock company, during the meeting of the suppliers and expeditors the deputy director of the company, Tigran Khachatryan, mentioned that 85 wagons (1700 tons) of pipes have …

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Tourism, construction, fairs, hotels, Internet, taxi service, etc.

12.06.2007

At the end of last year, when Budget 2007 was being planned, it was anticipated to accumulate more than 80 billion AMD, and the state got anxious about how the tax collecting bodies were going to get that money. So about 60%, or 48 billion AMD, was supposed to be gathered at the expense of …

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If we don’t superintend, we will lose the ferryboat

03.06.2007

In one of the previous 168-Zham newspaper editions, we informed that the regular operation of the Caucasus-Poti ferryboat continues to be delayed. Strangely enough, Armenian statesmen aren’t rushing to provide explanations about the reasons for the delay. It was also strange that the Armenian media didn’t broadcast the initial launching of the boat from Caucasus …

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10-20 million USD and control

03.06.2007

The regular operation of the Smat ferryboat is being delayed, as its owner Reserve Capital Corporation has logistical and legal issues to solve with Russian ports and railroads. This was informed by the head of the Industrial and Business Chamber of RA, Arsen Ghazaryan. He said that the ferryboat would be launched on Friday, but …

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Another monopoly?

31.05.2007

The regular operation of the newly-built Caucasus-Poti ferry-boat continue being delayed. Let’s remind that about a month and a half ago the boat made its tentative route and ten days ago the five locomotives of the “Armenian railways” rented from Russia were transported from Caucasus port to Poti port. That wasn’t enough. The “Reserve Capital …

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Ferryboat operation delayed

31.05.2007

According to our information, the regular work of the Caucasus-Poti ferryboat that is intended for transporting Armenian cargo will be delayed. The reason is the fact that they haven’t yet defined the prices for the shipping services. Besides that, Armenia still has a number of documental disagreements with that company. The owners of the ferryboat …

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Who’s that decent archaeologist?

30.05.2007

The landscape of Armenia has started to be researched most actively since 2002. It is when the law on concessions and law on mining started to be applied. Recently, YSU professor and archaeologist Mihran Grigoryan shared his concerns about the ineffective exploitation of minerals with 168-Zham newspaper. According to professional analysis, the mining areas of …

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Pay the fine, go ahead and cheat

30.05.2007

The Economic Competition Protection Commission (ECPC) fined a couple of business managers for careless competition. Careless competition, in this case, is the similarities in trademarks. Many business managers of Armenia, especially small and medium businessmen, produce products with trademarks similar to those of well-known international trademarks and confuse consumers. The consumer notices the similarity and, …

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In the gold market, lead is sold at the price of gold

30.05.2007

Where to keep money? This question may become a nightmare for the average citizen. Hiding money under the mattress is not a very good idea. One day the money may just become paper. Saving money in the bank means if the bank goes bankrupt, you are insolvent as well. Under these circumstances, the best way …

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Purchased a “Boeing”

30.05.2007

On May 15, for the first time ever, “Armavia” airlines scheduled the Yerevan-Odessa flight with the “Boeing-737300” (126 seat) plane. The “Boeing” plane was added to the already existing planes on May 14. Let us mention that “Armavia” no longer organizes elegant ceremonies when purchasing new planes.

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