Armenian president visits fish farm in Gegharkunik province

|

USD

386.33

EUR

432.69

RUB

4.7766

GEL

141.02

30.11.2015, 10:39

Serzh Sargsyan, the president of Armenia, visited Saturday Gegharkunik province’s Karchakhbyur village to see the Sevan Trout fish-breeding and fish-processing farm that is being built there.

Armenian president visits fish farm in Gegharkunik province

YEREVAN, November 30. /ARKA/. Serzh Sargsyan, the president of Armenia, visited Saturday Gegharkunik province’s Karchakhbyur village to see the Sevan Trout fish-breeding and fish-processing farm that is being built there.

Edward Gevorgyan, CEO of Sevan Trout CJSC, said the construction of the farm was launched in 2014. Total investments amount to about AMD 2.5 billion. The construction is planned to be completed in 2016.

At the first stage, he said, facilities for breeding baby fishes (200 tons annual output) and a plant for processing fishes (600 tons a year) will be built and pedigree.

Gevorgyan said that that the company may earn $150-200 million from sales. --0---

Armenia and Kazakhstan consider establishment of regular direct air service

The Chairman of the National Assembly of Armenia Alen Simonyan discussed with his Kazakh counterpart, Head of the Senate Maulen Ashimbayev the establishment of regular direct flights between the two countries.

15.05.2025 16:55

Converse Bank and EBRD sign two loan facilities totaling US$ 8 million to support MSMEs and green projects

Converse Bank and the European Bank for Reconstruction and Development (EBRD) signed two loan agreements totaling US$ 8 million during the EBRD’s Annual Meeting in London.

15.05.2025 15:51

Ameriabank partners with EBRD to support Armenian businesses through RSF framework

Ameriabank has signed a €50 million funded Risk Sharing Framework (RSF) agreement with The European Bank for Reconstruction and Development (EBRD) to facilitate Armenian firms’ access to finance. Under the RSF, the EBRD will co-finance individual loans provided by Ameriabank to eligible borrowers.

15.05.2025 13:50

Armenia seeks solution for alcohol exports: talks with Georgia underway

Armenian authorities are looking for a solution for alcohol exports, Economy Minister Gevorg Papoyan said today in response to a question about what the ministry was doing to resolve the problem that Armenian alcohol exports have been facing for weeks already when trying to cross the Georgian border into Russia.

13.05.2025 17:04

Armenia's service sector grew by 11.5% in Q1, reaching AMD 865.3 billion

Armenia’s service sector in the first quarter of 2025 amounted to AMD 865,288.2 million (in current prices), an increase of 11.5% compared to the first quarter of 2024, the National Statistical Committee reported.

12.05.2025 17:16

Armenia surpasses some European countries in terms of service level – international coach

The level of service in Armenia is much better than in some European countries, said international coach in customer service and leadership Aneta Korobkina, who has many years of experience in the personnel development industry and, including customer service.

12.05.2025 17:03

VTB (Armenia) increased the volume of loans issued based on the borrower's credit history by 2.5 times

The volume of loans issued to small businesses under the New Partner program in the first quarter of 2025 exceeded 160 million drams.

12.05.2025 16:42

New FEZ to be created in Myler ski resort in Armenia

The Armenian government made a decision today to create a new free economic zone (FEZ) MyLer in the Yegipatrush community of the Aragatsotn region.

08.05.2025 18:09