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Gross production in Armenia's agricultural, forestry, and fish farming sectors decreased by 3.2% to 119.5 billion drams in the first quarter
The volume of agricultural, forestry, and fish farming output in Armenia in the first quarter of 2026, at current prices, amounted to 119,525.3 million drams, a decrease of 3.2% compared to the same period in 2025.Number of tourists visiting Armenia in first quarter increased by 17.2%, reaching 453,100
The number of foreign tourists visiting Armenia in January-March 2026 amounted to 453,138, compared to 386,741 for the same period in 2025, an increase of 17.2%, according to the Statistical Committee.45,000 tons of cargo have already been transported to Armenia via Azerbaijan
Forty-five thousand tons of cargo, including from Russia, Kazakhstan, and Azerbaijan, have already been transported to Armenia via Azerbaijan, according to Oleg Shatalov, First Deputy General Director of the South Caucasus Railway.Armenian businesses must be prepared to compete with Turkey when borders open: head of the Union of Industrialists and Entrepreneurs of Armenia (UIEA)
Armenian businesses must prepare in advance for new competitive conditions in the event of the opening of regional communications and the Armenian-Turkish border.Regulator approved the Armenian Nuclear Power Plant's 2026 investment program worth $9.2 million
At its meeting on Wednesday, the Public Services Regulatory Commission of Armenia (PSRC) approved the 2026 investment program of Armenian Nuclear Power Plant CJSC in the amount of 3,404.5 million drams (approximately $9.23 million), excluding VAT.Armenia's Ministry of Economy: Direct Trade with Turkey Will Reduce Costs and Delivery Times
The launch of direct trade between Armenia and Turkey will create new market entry opportunities for businesses and significantly reduce costs and delivery times, according to the Armenian Ministry of Economy.American AECOM Begins Site Survey for TRIPP Project in Armenia
Deputy Prime Minister Mher Grigoryan received a team from the American engineering and consulting firm AECOM, delegated to Armenia by the U.S. State Department's Global Infrastructure and Investment Partnership Fund to begin site survey work for the TRIPP project.Manufacturing production in Armenia increased by 9.5% in January-March 2026, reaching 458.4 billion drams
Manufacturing production in January-March 2026 amounted to 458,410.6 million drams, an increase of 9.5% compared to January-March 2025. This is according to data published by the Statistical Committee.Industrial output in Armenia increased by 13.4% in the first quarter of 2026, reaching 748 billion drams
Industrial output in Armenia in January-March 2026 amounted to 748,000.8 million drams, an increase of 13.4% compared to January-March 2025. In March alone, industrial output amounted to 256,521.4 million drams, 7.0% higher than in March 2025 and 2.0% lower than in February 2026.Lack of data transparency and frequent legislative changes are among the main challenges facing SMEs – Union of Banks of Armenia
nsufficient transparency of company operations, limited data availability, and frequent legislative changes remain key obstacles to the development of small and medium-sized businesses in Armenia. Daniel Azatyan, Chairman of the Union of Banks of Armenia, told reporters on the sidelines of the conference "SMEs: Impact and Development Challenges."News 1 - 20 of 55018
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