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All news

March 07, 2025

Economy

Electricity generation in Armenia increased by 10.1% to 918.6 mln kWh in January

Some 918.6 million kWh of electricity was generated in Armenia in January 2025, which is 10.1% more than in January 2024, the National Statistical Committee reported.

07.03.2025, 18:16

Technology

Armenia jointly with Korea and ADB to implement $300,000 “green urban development” project

Armenia will receive a $300,000 grant for the implementation of “Green Urban Planning in Armenia: Development of Energy Efficiency in Buildings” project.

07.03.2025, 17:24

Society

Financial and insurance sector- highest-paid industry in Armenia in 2024

The average monthly salary in Armenia in December 2024 amounted to 353,279 drams, increasing by 6.2% compared to the same period last yea, according to the Ministry of Economy.

07.03.2025, 17:12

Politics

Armenia's copper concentrate production down 20.4% in January 2025

Copper concentrate production in Armenia in January 2025 slashed by 20.4% to 21,256 tons compared to January 2024, according to the National Statistical Committee.

07.03.2025, 16:34

Economy

The number of employees in Armenia grew by 5.2% in 2024 to over 783,000

The number of officially employed people in Armenia grew to 783,900 at the end of December 2024, increasing by 5.2% compared to December 2023, according to a report of the Ministry of Economy titled “Socio-Economic Situation of the Republic of Armenia/ January-December 2024” (Armenia: Economic Outlook/ January-December 2024).

07.03.2025, 16:17

Economy

Manufacturing production in Armenia in the first month of 2025 decreased by 16.2%, to 115.8 billion drams

The volume of production in the manufacturing industry in January 2025 amounted to 115,793.5 million drams, showing a decrease of 16.2% compared to January 2024 and a decline of 54.2% compared to December 2024.

07.03.2025, 15:08

Economy

Industrial output in Armenia decreased by 10.4% in January to AMD 190.5 bln

Industrial output in Armenia in January 2025 amounted to AMD 190,547.0 million (in current prices), down by 10.4% compared to January 2024 and by 41.3% compared to December 2024, the National Statistical Committee said.

07.03.2025, 14:34

Business

Special spring offer from OVIO: the company will give subscribers up to 50,000 AMD

OVIO has launched a new, unprecedented special offer.

07.03.2025, 14:25

Economy

Ministry of Economy named 5 groups of commodities that have the largest share in export and import structures

The Armenian Ministry of Economy has named the five main groups of commodities that make up Armenia's exports and imports in 2024, compared to 2023.

07.03.2025, 11:22

Tourism

Reduction in tourist flows to Armenia in 2024 is due to a 17.5% decline in the number of tourists from Russia - Ministry of Economy

The decrease in the total number of tourists arriving in Armenia in 2024 is primarily due to a reduction in the number of visitors from Russia, who make up the largest share, according to the report by the Armenian Ministry of Economy, "Socio-Economic Situation of the Republic of Armenia / January - December 2024" (Armenia: Economic Outlook / January-December 2024).

07.03.2025, 11:15

Economy

Drug sale worth 450 million drams prevented in Armenia

Criminal police officers have seized about 30 kg of marijuana in Armenia, according to the press service of the Ministry of Internal Affairs.

07.03.2025, 11:10

Economy

Armenia's foreign trade turnover decreased by 40% in January to $1.4 Billion, China overtakes UAE in top three

The volume of Armenia’s foreign and mutual trade turnover in January 2025 decreased by 40% compared to January 2024, amounting to $1,377,384.1 thousand, according to the report from the National Statistical Committee of the country.

07.03.2025, 10:03

Business

Representatives of French companies to arrive in Armenia to discuss investment initiatives

Representatives of the French Mouvement des Entreprises de France (the Movement of the Enterprises of France), at a meeting with Armenian Deputy Prime Minister Tigran Khachatryan in Paris on Thursday, expressed their readiness to use their experience and knowledge to implement investment initiatives in Armenia in various formats.

07.03.2025, 09:50