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Economy
Armenia's freight transportation up 11.2% in 6 months of 2022
Over 8.3 million tons of various goods were transported in Armenia in the first six months of 2022, an 11.2% growth compared to the same period of time in 2021,while the number of transported passenger surged by 40.4% to over 71 million, according to the National Statistics Committee.
08.08.2022, 17:03
Politics
Armen Grigoryan: reopening of transport links between Armenia and Azerbaijan requires investments worth billions of dollars
Reopening of transport communications between Azerbaijan and Armenia will require investments worth billions of dollars, Secretary of Armenia’s Security Council Armen Grigoryan told the local news portal Factor, TASS reported.
05.11.2021, 10:51
Economy
Armenia will not benefit from reopening of transport links in the South Caucasus, economist says
Armenia will not benefit from the reopening of transport links in the South Caucasus, proposed by the Russian President Vladimir Putin, economist Hrant Mikaelyan said on Friday.
15.01.2021, 19:03
Business
Armenia and Russia resolve disagreements over South Caucasus Railway company
The Russian ministry of transport said today it has resolved disagreements with the Armenian minister of territorial administration and infrastructure regarding the operation of the South Caucasus Railway (SCR), which is a 100% subsidiary of the state-owned Russian Railways Company.
02.09.2020, 15:50
Business
Pashinyan and Russian Railways executives discuss future cooperation
Armenian Prime Minister Nikol Pashinyan received today the CEO of the state-owned Russian Railways and the Russian Railways Board Chairman Oleg Belozerov to discuss a set of bilateral relations, the press service of the government reported.
08.10.2019, 18:06
Business
Russian Railways preparing to break off agreement with Armenia
The state-owned Russian Railways (RZD) is preparing to break off the agreement with Armenia, claiming that its authorities are blocking the operation of its subsidiary South Caucasus Railway (SCR), which operates the Armenian railways.
20.09.2019, 17:16
Business
Georgia promises 52% discount on railway transportation of grain to Armenia
Georgia promised Armenia a 52% discount on railway grain transportation, Deputy Minister of Transport, Communications and Information Technology Armen Pambukhchyan wrote on his Facebook page.
31.08.2018, 15:02
Business
South Caucasus railways expands cooperation with Armenian companies
The South Caucasus Railway, a Russian-controlled company operating Armenia's railroads said as part of its strategy of supporting and expanding domestic production, last year it bought 3.65 billion drams worth goods and services from 35 Armenian companies. For comparison, in 2011 it bought 2 billion drams worth goods and services.
19.03.2013, 19:45
Business
South Caucasus railways plans to repair 3 electric trains and 9 cars of international trains this year
South Caucasus Railways plans to repair three electric trains and nine cars of international trains this year, Gagik Movsisyan, chief of the company’s division in charge of passenger traffic, said on Friday.
25.01.2013, 20:22
Business
South Caucasus railways to halve its investments in Armenia to AMD 540 million next year
South Caucasus Railways will halve its investments in Armenia from AMD 1.15 billion this year to AMD 540 million in the next year, Viktor Rebets, CEO of the company, told journalists today.
21.12.2012, 19:42
Society
Avalanche protection measures on seven-kilometer section of Jajur-Maisyan road don’t affect South Caucasus Railways’ schedule
The avalanche protection work on a seven-kilometer section of Jajur-Maisyan road didn’t affect South Caucasus Railways’ schedule – all the trains are running without delays, the company’s press office reported on Wednesday.
04.04.2012, 19:35
Economy
South Caucasus railways posts 12.6 percent rise in international passenger traffic
The South Caucasus Railways (SCR), a Russian-run company operating Armenia’s railroads, said in a press release today that it transported 1,800 passengers in the first month of 2012 by Yerevan-Tbilisi trains, by 12.6% more than in January 2011, when it transported 1,600 passengers.
20.02.2012, 18:47
Economy
South Caucasus railways posts 22 percent rise in freight activity
Armenia’s railway freight activity in 2012 January grew by 22.1% from a year earlier to 210,300 tons, the South Caucasus Railways, a Russian-run company operating Armenia’s railroads, said in a press release. It said the figure represented an almost 20% rise form the projected volume.
20.02.2012, 18:44
Society
Armenian Apostolic Church leader thanks south Caucasus railways CEO for work
Shevket Shaydullin, CEO of South Caucasus Railways CJSC, who is wrapping up his work in Armenia, met with Armenian Apostolic Church leader, Catholicos Garegin II on Friday, the companys press office reports.
11.02.2012, 11:31
Business
South Caucasus Railways, Armenian emergency ministry to monitor Yerevan-Gyumri section of railway
Specialists at South Caucasus Railways CJSC and Armenian emergency ministry will monitor Yerevan-Gyumri section of the railway on Friday, the company’s press office told ARKA News Agency on Thursday.
26.01.2012, 19:52
Economy
South Caucasus Railways handles about 3 million tons of cargoes in Jan-Nov 2011
South Caucasus Railways handled 2,981,000 tons of cargoes over a period between January and November 2011 – 6.3% year-on-year growth
19.12.2011, 21:34
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Popular
An educational conference entitled “Capital Markets: Preparation and Coordination” was held on Thursday in Yerevan, becoming the first event as part of a program designed to support the capital market in Armenia.
EBRD and EU jointly implement capital market support program in Armenia
