Business & Economy

In one of the previous editions of “168 Hours”, we had mentioned that both the tire producing “Doghagorts” (Tire maker) factory and the “Electron Gold” battery-producing factories, have started doing poor in production thanks to the tires and batteries imported by the “Mets Aniv” (Big Tire) company. The “Mets Aniv” company has “taken control” of …

“The World Bank report on Armenia, which is currently being prepared, is named “Caucasian tiger”. “I am not sure whether this title will be changed or not. It is politicized, but reflects our developments of these five years”, said head of the WB Yerevan office, Roger Robinson, during the discussion held yesterday. He assured that …

Now these two companies offer their products for the same prices. Theoretically these two oligopolies may have arranged the price together so as to get more profit. We asked head of “Ararat Cement”, Sedrak Arustamyan, who said that it was not so and the prices were regulated only by the market, i.e. the prices were …

The “Caucasian tiger” is an adjective used to describe Armenia’s status in the region and the picture shown during the seminar organized by the local specialists of the World Bank was rather diverting. One of the participants stated that he is not in favor of naming Armenia the “Caucasian tiger”, which is part of the …

The Diaspora makes direct foreign investments (DFI) in Armenia, private money exchange, shows political aid and spreads the propaganda of Armenian culture in foreign countries. Based on the experience of other ethnic groups, it has been proven that the Diaspora plays a major role in the development of countries. For example, according to some evaluations, …

The CB has come up with something new once again. “Regnum” agency has been informed by the CB news department that the inflation rate as of March covered 0,3% instead of the planned 0,4%. At the same time, according to the CB this rate is not connected with the 2,6% increase of the prices on …

According to our information, the RA Government has also given 40% out of its 45% share of the Iran-Armenia gas pipe line along with selling the energy block of the Hrazdan electricity station. This means that the Armenian Government now owns only five percents in this company. The press department of the Government neither approved …

“Sistema-Telecom” CJSC, part of the Russian big financial corporation “Sistema”, is interested in the communication system of CIS countries, as well as in “Armentel” company.

In any case, it is hardly possible that such a serious company like “Gazprom” has appended information in their web page by chance. As for this information, a lot of people have already started to make assumptions on the basis of this sentence. For instance reporter of “The New-York Times” newspaper, Roman Elagin writes, “Armenia …

“I think the deal that we made is a good one”, said the RA prime minister in the RA National Academy of Sciences yesterday regarding the fifth bloc of Hrazdan, “We haven’t given the fifth bloc with the purpose of making the gas price down, the price is still the same: it is $110. This …