The ways of cooperation were discussed with the representatives of theEurasian Development Bank


2015-02-25 18:20:35  | Armenia  |   Economy | 2704   
On February 25, Minister of Economy Karen Chshmaritian received the representatives of the Eurasian Development Bank (EDB). Welcoming the guests, Minister Karen Chshmaritian highly appreciated the effectiveness of EDB

Global uncertainty weighs on resurgent business confidence


2015-02-25 11:36:29  | Armenia  |   Economy | 2434   
New research from the Grant Thornton International Business Report (IBR) reveals that while business confidence in 2014 climbed to levels not seen since before the financial crisis, a recent

Hayastan All-Armenian Fund constructing a community center in Mushkapat, Artsakh


2015-02-18 13:21:16  |   |   Economy | 1551   
Yerevan, February 18, 2015 – The Hayastan All-Armenian Fund is building a community center in Mushkapat, a village in Artsakh’s Martuni Region. The project is co-sponsored by the fund’s

Construction of community center in Karin Tak Village nears completion


2015-02-04 13:39:12  |   |   Economy | 1617   
The Hayastan All-Armenian Fund will soon complete the construction of a multifunctional community center in Karin Tak, a village in Artsakh’s Shushi Region. The project is co-sponsored by the

2nd Issue of AMD Denominated Coupon Bonds by European Bank for Reconstruction and Development Placed at NASDAQ Armenia


2015-01-30 18:45:47  | Armenia  |   Economy | 1759   
  Yerevan, Armenia On January 30, 2015 European Bank for Reconstructions and Development (EBRD) placed its 2nd Armenian Dram (AMD) denominated bonds (EBRDB2) via an auction that took place at NASDAQ

Bako Sahakyan visited the Martakert region and partook in a solemn ceremony of handing over keys of a newly-constructed apartment building in the village of Vardadzor


2014-12-26 14:33:01  |   |   Economy | 621   
On 26 December Artsakh Republic President Bako Sahakyan visited the Martakert region and partook in a solemn ceremony of handing over keys of a newly-constructed apartment building in the

The Vanadzor branch of Ardshinbank CJSC was reopened


2014-12-24 14:05:01  |   |   Economy | 2100   
The opening ceremony of the renovated Vanadzor branch of Ardshinbank CJSC took place on December 23, 2014 in Vanadzor, 38 Grigor Lusavorich street.   The Director of retail business Mr. Arthur

A new water supply network will be exploited in Arazap village in 2015


2014-12-22 15:05:29  |   |   Economy | 737   
The water supply network of Arazap village was constructed in the remote 1960s. Over the years of exploitation the cast iron pipes have grown out of use, and the

Haypost and Russian Post signed an agreement to implement “Forsage” money transfer system between Armenia and Russia


2014-12-15 14:58:13  | Armenia  |   Economy | 603   
  HayPost and Russian Post signed an important Agreement in order to implement “Forsage” express money transfers system between Armenia and Russia. According to the Agreement, HayPost and Russian Post

Alternative Energy in the border village Vahan


2014-12-12 11:49:41  | Armenia  |   Economy | 564   
Foundation for the Preservation of Wildlife and Cultural Assets and its General Partner VivaCell-MTS will mark the conclusion and present the results of yet another project implemented within the

Press release


2014-12-11 11:25:13  | Armenia  |   Economy | 567   
We are happy to announce that henceforth every day until late evening, one can make utility payments,  bank transfers, send and receive money through international transfer systems, pay for

Armenia: Access to drinking water for village residents in border area


2014-12-08 16:45:00  |   |   Economy | 561   
Yerevan (ICRC) – Residents of the remote village of Movses, in the Tavush region along the international border with Azerbaijan, now have safer and easier access to clean drinking

Lukashin community will have a new water supply network


2014-12-05 11:32:02  |   |   Economy | 1666   
For Lukashin village of Armavir region the problem of drinking water has existed since the times of the Soviet Union. Some parts of the village, which has 2600 inhabitants,

Minister of Economy receives Kirill Kornilov, the Eastern Europe/Asia Regional Manager of the IBMcorporation


2014-12-02 19:06:10  | Armenia  |   Economy | 481   
On December 2 Minister of Economy Karen Chshmaritian received Kirill Kornilov, the Eastern Europe/Asia Regional Manager of the IBM (International Business Machines) corporation. The meeting was also attended by Naira

New Internet banking with SMS


2014-12-02 18:15:28  | Armenia  |   Economy | 517   
A new type of [email protected] Internet banking service is now available to ProCredit Bank clients. The service enables both business clients and private clients to approvetransactions using a special

President Bako Sahakyan met in Los Angeles with a group of American businessmen of Armenian origin and discussed issues related to different investment programs in Artsakh


2014-11-26 11:22:06  | USA  |   Economy | 552   
  On 25 November Artsakh Republic President Bako Sahakyan met in Los Angeles with a group of American businessmen of Armenian origin and discussed issues related to different investment programs

Minister of Economy receives the Ambassador of Finland to Armenia


2014-11-21 19:10:36  | Armenia  |   Economy | 491   
  On November 21 RA Minister of Economy Karen Chshmaritian received Christer Gustav Michelsson, the Ambassador of Finland to Armenia.  Welcoming the ambassador the Minister of Economy Karen Chshmaritian referred

Bako Sahakyan convoked an enlarged consultation devoted to the discussion of the 2014 budgetary process and the 2015 draft state budget


2014-11-18 14:47:18  |   |   Economy | 482   
On 18 November Artsakh Republic President Bako Sahakyan convoked an enlarged consultation devoted to the discussion of the 2014 budgetary process and the 2015 draft state budget.  Minister of finance

“Ardshininvestbank” CJSC is renamed as “Ardshinbank” CJSC and launches its rebranding process


2014-11-17 16:59:26  | Armenia  |   Economy | 622   
“Ardshininvestbank” CJSC, one of the leading banks in Armenian banking market, announced the launch of a full-scale rebranding from December 24 of the current year. Mher Grigoryan, Chairman of

Ardshininvestbank and Eurasian Development Bank have signed a USD 10 million loan agreement


2014-11-12 14:03:48  | Russia  |   Economy | 727   
On November 11, 2014 Eurasian Development Bank and Armenian Ardshininvestbank have signed a loan agreement in Moscow. Loan proceeds in amount of USD 10 million will be channeled to

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