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Economy
Construction volume in Armenia increased by 11.6% in January to 19.2 billion drams
The volume of construction work in Armenia for January 2025 amounted to 19,253.5 million drams (at current prices), reflecting an 11.6% increase compared to January 2024, according to the National Statistical Committee of the country.
10.03.2025, 10:15
Politics
Armenian Defense Ministry releases footage showing concentration of additional resources of Azerbaijani armed forces near Sotk
A video footage released today by the Armenian Defense Ministry clearly shows concentration of additional Azerbaijani armed forces in the direction of Sotk village in Armenian province of Gegharkunik.
01.09.2023, 14:49
Economy
How Armenia can improve its investment climate: 10 tips from Andrey Movchan
Armenian economy suffers from all the shortcomings of a small resource-based country, making it uninteresting for international investors, according to Andrey Movchan, investment manager and founder of Movchan's Group.
09.03.2023, 11:59
Society
GeoProMining implements a number of social projects in the field of healthcare
GeoProMining Gold, within the framework of the social policy "Resources for Good", has implemented a number of projects in the field of healthcare.
14.07.2022, 14:08
Economy
German chancellor warns of crisis in case of drastic embargo on energy imports from Russia
Germany will reduce its dependence on energy resources from the Russian Federation, but a sharp embargo could adversely affect the labor market and industry and lead to an economic crisis, German Chancellor Olaf Scholz said on Sunday, Russian news agency TASS reported.
28.03.2022, 10:26
Society
ADB approves $1.3m initiative to help improve land resources management in Armenia
The Asian Development Bank (ADB) said it has approved a $1.3 million technical assistance (TA) initiative to support Armenia in developing a digital platform to host standardized data on land ownership and other geographic information to help improve land resources management.
12.04.2021, 16:02
Politics
Karabakh president: alternative to November 9 statement were even greater human and territorial losses
In a live Facebook broadcast today Artsakh president Arayik Harutyunyan said the alternative to November 9 statement signed by the leaders of Armenia, Russia and Azerbaijan to stop the war in the Nagorno-Karabakh conflict zone were even greater human and territorial losses, 'up to the complete loss of the Motherland.'
16.12.2020, 15:50
Business
Armenian government to make reassessment of mineral resources
The government of Armenia will make a reassessment of the country's mineral resources, Deputy Minister of Territorial Administration and Infrastructures Lilia Shushanyan said on Tuesday during a parliamentary discussion of amendments to the Law on Subsoil.
14.07.2020, 15:40
Business
Armenia needs to develop a strategy on the use of natural resources, World Bank Country Manager says
Armenia needs to develop a strategy on the use of natural resources, Sylvie Bossoutrot, the Country Manager of the World Bank for Armenia, said at the presentation of the first national Extractive Industries Transparency Initiative (EITI) report today in Yerevan.
30.01.2019, 16:19
Business
Ameriabank introduces online lending system for legal entities
Ameriabank has introduced an online lending system designed for legal entities that will raise the level of availability of financial resources for small and medium-sized businesses in Armenia.
21.11.2018, 17:55
Economy
Armenia’s National Security Council approves draft concept on management of natural resources
A meeting of Armenia’s National Security Council (NSC), convened by president Serzh Sargsyan, who is also chairman of the Council, has approved today a draft concept on the management of natural resources, presented by the minister of energy infrastructure and natural resources Ashot Manukyan.
27.06.2017, 19:25
Economy
USAID to provide $3 million to Armenia to enhance effectiveness of usage of water resources
USAID is to provide $3 million to Armenia to enhance effectiveness of usage of the country’s water resources, Magda Avetisyan, the head of thea USAID program of protection of resources, told journalists on Wednesday.
10.02.2016, 14:38
Economy
Hovsep Shahinyan appointed Armenia’s new energy and natural resources deputy minister
Aram Harutyunyan, Deputy Minister of Energy and Natural Resources of Armenia, was removed from his office by Prime Minister Tigran Sargsyan, the government reported Monday.
18.02.2013, 17:57
Society
Deputy minister: excessive consumption of natural resources is Armenia’s gravest environmental problem
Armenian Deputy Nature Protection Minister Simon Papyan told journalists on Tuesday that excessive consumption of natural resources is the country’s gravest environmental problem.
10.07.2012, 20:14
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Popular
In 2024, Armenia demonstrated a high level of entrepreneurship, ranking first in the "Eastern Europe+" group and 5th among 51 countries in the "Global Entrepreneurship Report".
"Global Entrepreneurship Report": Armenia ranks first in "Eastern Europe+" group