Company fined 38 million drams for illegal sale of pesticides

|

USD

381.55

EUR

444.54

RUB

4.9785

GEL

141.33

20.12.2023, 13:08

An unidentified Armenian company was fined over 38 million drams for selling more than 33 tons of pesticides that were under customs control and their sale was prohibited, the press service of the State Revenue Committee (SRC) reported.

Company fined 38 million drams for illegal sale of pesticides

YEREVAN, December 20. /ARKA/. An unidentified Armenian company was fined over 38 million drams for selling more than 33 tons of pesticides that were under customs control and their sale was prohibited, the press service of the State Revenue Committee (SRC) reported.

The illegal sale of pesticides was discovered by SRC employees while conducting supervisory activities in a company engaged in importing pesticides.

According to the SRC, out of 6,730 boxes of pesticides with a total weight of 83.6 tons imported by the company into Armenia, only 3,417 boxes were actually available at the customs control area, while the remaining 3,313 boxes of pesticides with a total weight of 33.1 tons were sold without the permission of customs authorities.

The company must pay the fine after criminal proceedings were initiated under two articles of the Customs Regulation Law. ($1 - 405.81 drams).

Unibank’s Perpetual Bonds Were Acquired in Nearly One Day

Unibank is completing the placement of its perpetual bonds significantly ahead of schedule.

05.12.2025 17:38

Ardshinbank Lowers Interest Rates on Unsecured Consumer Loans

Ardshinbank has improved the terms of its unsecured consumer loans by reducing the nominal interest rate to starting from 12.9%.

05.12.2025 12:12

Ardshinbank recognized as “Bank of the Year” in Armenia for the fifth time by The Banker magazine

The Banker, a prestigious magazine belonging to the Financial Times Group that has been tracking financial sector developments in the world for nearly a century, annually evaluates banks’ performance by analyzing their financial results, innovative programs, strategic initiatives, and the quality of customer service.

04.12.2025 17:29

Armenia aligns its motor transport regulations with EAEU and international standards

Armenia is committed to synchronizing its motor transport regulations with EAEU and international standards.

04.12.2025 16:48

Acba bank and France’s Proparco to continue strengthening their long-term strategic partnership

Acba bank and Proparco, a subsidiary of the French Development Agency (AFD) Group, together with the Governor of the Central Bank of Armenia, Martin Galstyan, reviewed the achievements of their cooperation to date and discussed future plans.

04.12.2025 15:50

Unibank Issues the First in Armenia Perpetual Bonds

Unibank announces the placement of the first perpetual bonds in the Armenian market, with a total volume of AMD 3.5 billion and USD 9 million.

04.12.2025 13:15

Ardshinbank and Visa are running a cashback campaign for their cardholders ahead of the New Year

From December 1 to 31, 2025, all Ardshinbank Visa cardholders will have the opportunity to receive 10% cashback when making purchases in the following stores: ZARA HOME, ZARA, BERSHKA, OYSHO, CHARLES & KEITH, MONSOON, LA SENZA, FLORMAR, SUNGLASS HUT, ZIPPY, QUIZ, PULL & BEAR, MASSIMO DUTTI, ACCESSORIZE, STRADIVARIUS, MARKS & SPENCER.

04.12.2025 13:07

Armenian government prioritizes development of domestic aviation, says Prime Minister

The enhancement of domestic aviation ranks high among the government's key initiatives, with considerations being made for options in Armenia's regions, stated Prime Minister Nikol Pashinyan on Wednesday.

03.12.2025 18:58