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Business
A Shadow Turnover Of 4 Billion Drams Was Revealed In The Construction Materials Market In Armenia
The State Revenue Committee of Armenia has revealed a case of shadow turnover in the construction materials market worth about 4 billion drams, the press service of the department reports.
29.04.2025, 15:57
Economy
Processing vs. raw materials: Economist explains benefits of EAEU market for Armenia
The EAEU market is of great importance for Armenia, as it allows the country to export more highly processed goods, said economist Hrant Mikaelyan.
14.04.2025, 10:55
Business
Grand Candy invests 90.6 billion AMD in confectionery production in Armenia
Grand Candy, a company engaged in the production of confectionery, will invest 90.6 billion drams in the purchase of raw materials.
09.01.2025, 19:22
Business
Gnuni building materials market in Yerevan closed due to non-compliance with fire safety norms
The Fire Inspection of Armenian Urban Development Committee has ordered Shintrade company operating the Gnuni market of building materials and repair goods in Yerevan to suspend operation due to non-compliance with fire safety norms.
16.02.2023, 17:48
Business
Raw materials not produced in Armenia to be exempted from import value added tax
Raw materials that are not produced in Armenia are to be exempted from import value added tax (VAT).
11.01.2023, 17:08
Business
Cigarette company promises to invest 11.9 billion drams in Armenia and create 100 jobs
The Armenian government awarded today the DrimCompany a set of benefits exempting it from customs duty payments on imports of raw materials.
05.01.2022, 17:16
Business
Energy efficient building materials – what you need to know?
Converse Bank is one of the leaders in Armenia with its mortgage lending, including energy efficient lending portfolio, offering long-term financing at competitive interest rates. You may select from the bank's mortgage lending products at
https://www.conversebank.am/en/house/
28.10.2021, 17:46
Business
Iran and Armenia agree to allow transportation of certain types of raw materials
The Armenian Ministry of Economy said today that a set of exceptions will be applied to the transportation of goods of economic importance between Armenia and Iran.
18.03.2020, 15:12
Business
ML Mining to invest 2 billion drams in production of building materials
The government of Armenia has decided today to exempt ML MINING company from the payment of customs duties on the import of technological equipment and raw materials.
25.01.2018, 16:09
Business
Iranian company ready to invest $1 million in Armenian free economic zone
An Iranian company called ‘Rena’ is ready to invest $1 million in the construction of infrastructure for a free economic zone Armenia plans to build near the town of Agarak, not far from the border with Iran, according to its CEO Reza Nafez, who spoke to Armenian reporters on the fringes of an Armenian-Iranian business meeting in Yerevan today.
27.01.2017, 16:38
Business
South Korea interested in Armenian natural resources
South Korea is interested in Armenia’s natural resources, Ong Wan Suk, the director of the Korean Center for Slavic-Eurasian Studies, said today during an Armenian-Korean conference in Yerevan.
31.10.2016, 18:04
Business
Bulk of Armenian exports to EU are raw materials
The bulk of Armenian exports to European Union member countries are raw materials, economist Vilen Khachatryan, said today during a public discussion on cooperation with the EU.
28.10.2016, 18:25
Politics
Armenia and USA step up cooperation to prevent smuggling of radioactive materials
The Armenian government on Thursday approved the proposal to increase cooperation with the US to prevent smuggling of nuclear and radioactive materials through Armenia’s territory.
11.08.2016, 16:43
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Popular
The United Nations Economic Commission for Europe (UNECE) is ready to continue cooperation with the Armenian government, particularly in the areas of sustainable development, water resources management and environmental protection, said UN Deputy Secretary General, UNECE Executive Secretary Tatiana Molchan at the meeting with Armenian Prime Minister Nikol Pashinyan, the press service of the Armenian government reported.
UN Economic Commission for Europe ready to continue cooperation with Armenia in a number of areas