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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."EBRD aims to help Armenia achieve more sustainable development
The next phase of the EBRD's cooperation with Armenia will be aimed at deepening its impact and supporting the country not only in achieving growth but also in achieving more sustainable, inclusive, and stable development. Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, stated this in an interview with ARKA news agency.EBRD considers infrastructure and energy security among the key factors for Armenia's economic resilience
Armenia's economic resilience rests on several key factors, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.News 1 - 20 of 55016
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