Armenian government earmarks AMD 150 million for industrial parks in Gyumri and Vanadzor

|

USD

381.77

EUR

447.7

RUB

4.7817

GEL

141.54

12.02.2015, 18:00

Armenia’s government decided Thursday to allocate AMD 150 million in 2015 to support industrial parks in Gyumri and Vanadzor.

Armenian government earmarks AMD 150 million for industrial parks in Gyumri and Vanadzor

YEREVAN, February 12. /ARKA/. Armenia’s government decided Thursday to allocate AMD 150 million in 2015 to support industrial parks in Gyumri and Vanadzor.

Economy Minister Karen Chshmaritayn, presenting the draft decision to the Cabinet ministers, said that no less than 300 specialists are planned to be trained and retrained in the technology center in Gyumri, no less than three companies attracted to cooperation and no less than 20 companies provided with business consulting.

«In Vanadzor technology center, no less than 100 specialists will be trained, consulting will be provided to no less than ten companies and startup teams and an educational laboratory will be opened,» he said. ($1 – AMD 479.47). ---0-----

EIB and Ardshinbank launch €100 million partnership to boost business growth and job creation in Armenia

The European Investment Bank (EIB Global), the bank of the European Union, and Ardshinbank OJSC are entering a new phase of cooperation with the signing of a €100 million loan agreement to expand access to finance for micro, small and medium-sized enterprises (MSMEs) and mid-cap companies across Armenia.

12.12.2025 18:07

Trust is the key to successful cooperation

Acba Bank presented its experience at the conference "The Boards of Directors in Armenia: Challenges and Opportunities," emphasizing the key role of corporate governance in the development of the Armenian economy, the bank's press service reported.

12.12.2025 09:19

Armenia will be granted duty-free quota for import of 15,000 electric vehicles in 2026

The Minister of Economy, Gevorg Papoyan, announced that Armenia will receive a duty-free quota for importing 15,000 electric vehicles in 2026.

11.12.2025 19:01

Armenia to Receive €39 Million from EBRD for Construction of Customs and Logistics Center

On Thursday, the Armenian government approved a draft loan agreement with the European Bank for Reconstruction and Development (EBRD) for €39 million to build a customs and logistics center on the outskirts of Yerevan.

11.12.2025 18:37

Armenia to host prestigious wine tasting competition "Concours Mondial de Bruxelles 2026"

The renowned international wine competition, the "Concours Mondial de Bruxelles 2026," is set to take place in Armenia in 2026.

11.12.2025 17:09

Unibank Issues a New Tranche of Perpetual Bonds with 13.75% Coupon

Unibank announces the launch of a new tranche of perpetual bonds denominated in Armenian drams, following strong investor interest and the successful placement of earlier issuances.

11.12.2025 15:04

Acba Bank's cybersecurity team shared how to protect against cybercriminals

Acba Bank's cybersecurity team presented its solutions for protecting the digital environment from online threats and fraud at the ArmSec 2025 conference.

11.12.2025 09:47

Unibank Becomes a Member of BAFT

Unibank has become a member of BAFT (Bankers Association for Finance and Trade), the leading global industry association for international transaction banking.

10.12.2025 16:53