#ARMENIA
Russia’s cumulative investments in Armenia’s economy reach $4.5 billion
Russia’s cumulative investments in Armenia’s real sector economy have reached almost $4.5 billion., Russian transport minister Maxim Sokolov, who is also a co-chair of the Russian-Armenian intergovernmental commission on economic cooperation, said today in Yerevan.Armenia discuses exports of wines to Russia under single brand
Armenia’s Agriculture Minister Ignat Arakelyan told journalists on Thursday that during his recent working visit to Moscow he discussed with Russian colleagues the possibility of exporting Armenian wines and other alcoholic drinks to the Russian Federation under a single brand.Armenian health minister is richer than doctors, but poor than the very rich
Armenia’s Health Minister Levon Altunyan, who admitted earlier being a millionaire, was again asked today by journalists about his financial status. In particular, in response to a question whether he considers himself a rich man the minister noted that "in comparison with doctors I consider myself rich, but compared to the very rich I am poor."Labor and social affairs ministry is considering proposals to reduce gas and electricity prices
Armenia’s Labor and Social Affairs Minister Artem Asatryan told a Cabinet session today that his ministry will submit proposals to revise the prices of natural gas and electricity for socially vulnerable families within a month.Gagik Makaryan: Armenia needs to diversify its economy by establishing closer contacts with United States and Europe
Armenia needs to diversify its economy by establishing closer contacts with the United States and Europe and encourage also local investors, says Gagik Makaryan, the chairman of the National Union of Employers.Former leader of prosperous Armenia laying ground for his return to political arena
Prosperous Armenia party intends to convene an extraordinary congress in November to reinstate its former leader, Gagik Tsarukyan, in his position – the chairman of the party board, which he left in February 2015 amid scandals, though refraining from quitting the party, Haykakan Zhamanak reported on Thursday referring to sources close to the party.Armenia’s public debt reaches $5.6 billion- ministry of finance
Armenia’s overall public debt at the end of September 2016 stood at $5.6 billion, having increased by 2.2% from the previous month, Arshaluys Margaryan, the head of a ministry of finance department in charge of pubic debt, said to ARKA.New generator and turbine to be installed at Armenian NPP
Areg Galstyan, Armenia’s Deputy Minister of Energy Infrastructures and Natural Resources, said today that a new, more powerful generator and a turbine will be installed on the second power unit of the Armenian nuclear power plant as part of a program to extend the service life of the facility for another 10 years.PM: South Caucasus Railways’ projects contribute to development of railway transport
Armenia’s Prime Minister Karen Karapetyan received today the Vice-President of the Russian Railways state-run company Andrei Starkov and CEO of the South-Caucasus Railway (SCR) Sergei Valko, the press service of the Armenian government said.Armenia emphasizes training of specialists for nuclear power plants
Speaking at the 17th meeting of Atom-CIS Commission in Yerevan today Armenia’s minister of energy infrastructures and natural resources Ashot Manukyan said the Armenian government emphasizes training of personnel for nuclear power development in several former Soviet republics making the Commonwealth of Independent States (CIS).Armenian Ardshinbank acquires Areximbank- Gazprombank Group
On October 7, 2016 all the shares of the Yerevan-based and Russian-owned Areximbank-Gazprombank Group were acquired by another Russia-based financial and industrial corporation called Region, whose sole shareholder is the ultimate beneficiary and chairman of board of Armenian Ardshinbank Karen Safaryan.News 16741 - 16760 of 18460
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