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Economy
Armenia ranked 108th in the Logistics Performance Index for 2024
Armenia has improved its position in the Logistics Performance Index for 2024, ranking 108th among 139 countries. In the previous ranking, the country was on the 112th line among 140 countries, according to the data on the World Bank website.
20.01.2025, 09:42
Business
Wildberries plans to build logistic center in Armenia
Wildberries is planning to build a logistic center in Armenia, founder and CEO of Russia's largest online retailer Tatiana Bakalchuk said to ARKA news agency today.
07.07.2023, 12:23
Business
Armenia presents "dry port" project to Dubai DP World
A delegation of DP World, an Emirati multinational company based in Dubai and specialized in cargo logistics, port terminal operations, may visit Armenia this spring under a preliminary agreement reached during today's meeting of Armenian Economy Minister Vahan Kerobyan with DP World Chief Operating Officer Chuck Heath in Dubai.
14.02.2023, 17:36
Business
Armenia has no specific body to deal with problems faced by forwarding companies
Armenia has no specific body that would deal with the problems faced by forwarding companies, Yeghishe Hovhannisyan, the Chairman of the Association of Transport Forwarders of Armenia said in an interview with Special Opinion program of Novosti-Armenia's YouTube channel.
15.11.2022, 11:55
Business
Russia’s largest online retailer Wildberrries wants to build logistics warehouse center in Armenia
The largest online retailer in Russia, Wildberries, is looking into the possibility of building a logistics warehouse center in Armenia, the Armenian Ministry of Economy said.
10.11.2021, 18:04
Business
World Bank promises support to Armenia in resolving logistics and transportation problems
The World Bank has pledged to support Armenia in resolving logistics and cargo transportation problems, the Ministry of Economic Development and Investments said following a meeting between Minister Tigran Khachatryan and a World Bank team, led by Victor Aragones.
05.02.2019, 19:04
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The World Bank expects Armenia's economy to grow by 5% in 2025 and by 4.6% in 2026. This forecast is included in the World Bank's January 2025 Global Economic Prospects report.
WB improves Armenia's economic growth forecast for 2025