#COMPANIES
Armenia to raise fines for large companies for inappropriate financial reporting
The National Assembly of Armenia has approved today in the first reading a set of amendments to the Tax Code, which propose to raise fines for large companies submitting financial reports in an improper form or not on time.Pashinyan meets with top executives of German companies
Armenian Prime Minister Nikol Pashinyan had a meeting in Munich Sunday with the Executive Director of the Fichtner company operating in the energy sector, Martin Stickel, and the company's representatives, the Armenian government reported.Armenian Ministry of Environment denies Azerbaijani claims about alleged environmental threat caused by mining companies in Armenia
The Armenian Ministry of Environment said it takes note of the open letter sent by a number of alleged Azerbaijani “civil society organizations” referring to an alleged “serious environmental crisis caused by the regional and global environmental impact of the activities carried out in the mining industry of the Republic of Armenia”.Armenian companies, which suffered from Azerbaijani aggression in 2022, will receive AMD 817.3mln compensation
The Armenian government approved today the release of AMD 817.3 million (about $2.1 million), which will be provided as compensation to companies, which sustained damages as a result of the Azerbaijani aggression against Armenia on September 13-14, 2022.Over 1,200 new companies with Russian capital started in Armenia since March- minister
We need to install a new infrastructure in Armenia to address the issues of some 1,200 new companies with Russian capital that were started in Armenia since March, Armenian Minister of Economy Vahan Kerobyan said in an interview with Rossiyskaya Gazeta (Russian Newspaper).GeoProMining Armenian assets are in the list of ten largest taxpayers
In the first quarter of 2022, the Zangezur Copper-Molybdenum Combine (ZCMC), managed by the GeoProMining Group of Companies, increased tax entries to the state budget of Armenia, as compared to the same period of last year, by 3.6 times, up to 35.5 billion drams.Italian companies promise tens of millions of euro investments in Armenia, economy minister says
Armenian Minister of Economy Vahan Kerobyan said in a Facebook post that he met with a group of Italian businessmen the day before, who are going to invest millions of euros in Armenia.European companies mull over relocation of businesses from China to Armenia, minister says
Many European companies are thinking about relocating their businesses from China to other countries, including to Armenia, Armenian Economy Minister Vahan Kerobyan said during a press briefings on Thursday.Armenian parliament simplifies licensing procedures for foreign companies
The Armenian parliament on Thursday approved in the second and final reading a string of amendments to the law "On Licensing," which Economy Minister Vahan Kerobyan said will facilitate participation of foreign companies in 13 types of business activity in Armenia.News 1 - 20 of 61
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