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#BANKRUPTCY
Business
Armenian tax authority will be awarded the right to file petition for forced bankruptcy of individuals
A standing committee of the Armenian National Assembly in charge of state and legal affairs, green-lighted on Thursday a legislative initiative that vests the State Revenue Committee (SRC) with power to file a petition for forced bankruptcy of a physical person.
24.11.2023, 09:27
Business
Salzburg Schokolade company, producer of iconic Mozartkugel files for bankruptcy
On Monday, in a surprise turn of events, the manufacturer of the iconic Austrian Mozartkugel chocolates filed for bankruptcy. Salzburg Schokolade did not give out any hints that it was under financial strain and the announcement caught the public off guard, according to themayor.eu.
01.12.2021, 10:03
Society
Armenia to raise state duties for filing lawsuits
The Armenian parliament is considering in the first reading a set of amendments to the law “On State Duty” and a number of related laws, which if approved would raise significantly the size of state duties for filing lawsuits.
02.03.2021, 16:54
Business
Armenian SRC reveals deliberate bankruptcy case
Armenia's State Revenue Committee (SRC) said today it has exposed a case of deliberate bankruptcy, which caused the state 200 million drams in damage.
23.09.2020, 19:47
Business
Economist says Armenian SMEs may appear on verge of bankruptcy
Small and medium-sized businesses in Armenia may appear on the verge of bankruptcy in the event of a second wave of COVID-19, Eduard Petrosyan from the Center for Research on Economic Initiatives, said at an online press conference on Monday.
22.06.2020, 17:24
Business
Armenian MP suggests amending law on bankruptcy
Mikael Melkumyan, an Armenian parliament member from the opposition Prosperous Armenia party, suggested today amending the law on bankruptcy.
20.05.2020, 15:51
Business
Armenian government to reform bankruptcy law
Armenia's Deputy Minister of Justice Rafik Grigoryan presented to the lawmakers today a set of amendments to the Law on Bankruptcy and related legal acts before they were put for second reading.
12.12.2019, 17:48
Business
SRC recovers hundreds of millions of drams
Armenia’s State Revenue Committee (SRC) said it has recovered hundreds of millions of drams.
29.06.2018, 14:11
Business
Air Armenia to be liquidated – media report
Air Armenia will be liquidated, Zhoghovurd reported on Thursday.
14.07.2016, 12:52
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Popular
The European Bank for Reconstruction and Development (EBRD) invested €396 million in Armenia’s economy across 19 projects in 2024, highest level of investments historically.
EBRD reports historical highest investment in Armenia in 2024