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Business
British-owned Chaarat Gold sells its Kapan gold mine to local company
British-owned Chaarat Gold Holdings is selling its Kapan gold mine in Armenian Syunik for $54.5 million to Armenian miner Gold Mining Company.
17.08.2023, 17:51
Economy
Freedom Holding co-founder names three most promising areas for investment in Armenia
Igor Klyushnev, co-founder of Freedom Holding and supervising manager for Armenia, named three most promising sectors for investments in Armenia.
14.08.2023, 12:08
Economy
Armenia's GDP growth in 2023 to reach 6-7% and slow to 5% by 2025 - Freedom Holding
Armenia's economic growth in 2023 will be within 6-7%, said Igor Klyushnev, co-founder and supervising head of Freedom Holding for Armenia.
14.08.2023, 11:49
Economy
Inflow of non-residents to Armenia will help enhance stock market liquidity, says сo-founder of Freedom Holding (EXCLUSIVE)
Igor Klyushnev, co-founder of Freedom Holding and supervising manager for Armenia, in an exclusive interview with ARKA news agency unveils the company's plans in Armenia, presents his expert opinion on the prospects of the country's stock market development, as well as his forecasts for Armenia's and global economies.
14.08.2023, 11:21
Business
Austrian TAMAK Holding interested in investments in Armenia’s construction and tourism sectors
On March 22, Armenian Economy Minister Vahan Kerobyan received representatives of Austria's largest TAMAK Holding.
23.03.2023, 12:32
Business
Yerevan hosts first annual conference on development of debt collection industry
The first annual conference on the development of professional debt collection industry in Armenia took place in Yerevan on September 22.
14.10.2022, 10:21
Business
Electrical Networks of Armenia and a Russian citizen acquire GNC-Alfa telecom
Armenia’s Public Services Regulatory Commission (PSRC) on Wednesday approved the sale of GNC Alfa company, a subsidiary of Russian Rostelecom.
19.01.2022, 14:54
Business
Armenia's anti-trust agency fines Alex Holding to the tune of 24.7 million drams for abuse of dominant position
Armenia's anti-trust agency said today it has fined Alex Holding LLC to the tune of 24.7 million drams (around $51,000) after a through study of the country's sugar market.
10.08.2020, 16:02
Business
Alex Holding loses 20 percent of Armenia's sugar market
Gegham Gevorgyan, the chairman of Armenia's State Commission for the Protection of Economic Competition, told reporters on Thursday that the list of companies involved in import of sugar has expanded.
03.10.2019, 18:57
Politics
Ex- members of Armenian parliament establish new media holding
Several former members of the Armenian parliament - Arman Saghatelyan, Karen Bekaryan, Mihran Hakobyan and Samvel Farmanyan- have established the Karyak Media (Media Quartet) holding after acquiring Tert.am, ArmNews and Radio 107FM media outlets.
08.01.2019, 15:32
Economy
Armenian president discussed cooperation with Vertex Venture Holdings, Swiss Sustainable Finance and Siemens Financial Services
Armenian President Armen Sarkissian had today a working meeting in Geneva with the leaders of Singapore's Vertex Venture Holdings, Swiss Sustainable Finance as well as Siemens Financial Services, which is part of the German Siemens, Sarkissian’s press service reported.
23.10.2018, 16:36
Business
Aleks Holding recovers $10.8 million of unpaid taxes
The Aleks Holding LLC, accused by Armenia’s State Revenue Committee (SRC) of a tax evasion to the tune of 5.2 billion drams ($10.8 million in VAT and income tax) has recovered the missing amount completely, SRC said.
01.08.2018, 16:21
Business
Minister declines to say whether a scam used to avoid $15 million in VAT payments is illegal or not
Armenia’s Minister of Finance Atom Janjughazyan declined to say today whether a scam used by Alex Holding to avoid payment of 7.2 billion drams ($15 million) in VAT since the end of 2016 was illegal or not.
31.05.2018, 18:50
Business
Slovakia’s EU-Asia Business Finance Centre Holding intends to ensure transit of Iranian natural gas to Europe through Armenia
Slovakia’s EU-ASIA Business Finance Centre Holding is planning to ensure the transit of Iranian natural gas to Europe through Armenia, Ashot Grigoryan, the president of the holding, told journalists on Friday.
10.10.2016, 10:59
Business
Grange Holding to invest $400 million in Armenia
Prime Minister Hovik Abrahamyan received last Friday Grange Holding President Sheikh Assad who intends to implement a nearly USD400 million worth investment project in Armenia in the field of thermal energy, the government press service said.
21.12.2015, 10:39
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Dear friends, today is a special day for us at ARKA news agency as we proudly celebrate 29 years of dedicated service.
Together for 29 years: ARKA News Agency celebrates its birthday