Business & Economy

According to “Panorama”, the “Zvartnots” airport is still in a crisis due to the aviation fuel deficit. According to the Civil Aviation Service, the “Zvartnots” airplanes take off with enough fuel to make it to the Russian airports, where they refuel and continue the flight. The Civil Aviation Service also says that on July 9, …

On Saturday Russia closed its border passing point on the border of Georgia. According to the Russian official information, the reason is the reconstruction going on in the passing point and they say that it may take a month. Georgia thinks it has to do with politics. “People just don’t close the border to reconstruct …

On July 7, the RA police made an announcement stating that they had revealed the bank theft at the “Ardshininvestbank” branch in the Malatya community of Yerevan. On July 3 bank officers called the local police department and told them that the bank was robbed, but they didn’t know when the crime took place exactly …

The average Armenian citizen spends most of his money on food and it’s assumed that he pays less in the summer than in the winter. There’s no doubt that vegetables should be cheaper during the summer. The average Armenian citizen waits impatiently for the summer with the hope that he will spend less money. But …

Citizens of Armenia will know the new owner of “ArmenTel” either by late July or beginning of August. Only four companies are eligible to apply for purchase of “Armentel”, including Russian “VimpelCom” (BiLine) and Mobile Telesystems (MTS) companies, “Emirates Telecommunication Corporation” and Indian “VTEL Holdings”. OTE does not give any information concerning the “VTEL Holdings”. …

People are not very interested in the banking system of Armenia. After the collapse of the Soviet Union and the loss of bank deposits, citizens don’t trust the banks with keeping their money anymore. In spite of this, international financial organizations do different things with the purpose of preventing possible money laundering in Armenian banks. …

In spite of the numerous announcements of Armenian officials saying that tourism is growing rapidly in Armenia, there are no professionals working at the tourist agencies and tourists often leave Armenia disappointed. Often travel agencies have to apologize to their tourists for the low level of services in Armenia, and this is not only bad …

On June 30, deputy head of “GazProm” Alexander Ryazanov made yet another announcement concerning Armenia-“GazProm” plans on purchasing the Iran-Armenia gas pipeline still going through construction. According to him, the purchase of that company will help increase the level of gas supply in Armenia. “There are problems with having the gas enter Armenia through Georgia …

On Juley 1-3, a robbery took place at the Malatsia community branch of “Ardshininvestbank”. The staff found out about the robbery on Monday, July 3, when they got back to work after the weekend. According to our information, $600 dollars has been stolen from the bank and there are no victims. The bank guard has …

I have made such an assumption based on the recent crimes in several banks of Yerevan. On July 1-3, there was a robbery in “Ardshininvestbank”’s Malatia-Sebastia community located in the building of the local government of the mentioned community. The most amazing thing is that no one knows exactly when the robbery took place. It …