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Interim manager of ENA makes personnel changes in the electric facility
... company's management. YEREVAN, July 24: /ARKA/. Romanos Petrosyan, the interim manager of the Electric Networks of Armenia (ENA), has made a number of personnel changes to the company's management. Levon Hovhannisyan has been appointed Deputy General Director of Sales. He has about 25 years of professional experience in public administration and in the private sector. Armen Shahnazaryan has been appointed Deputy General Director and Director of Economy and Finance. He also has about 25 years of professional ...
07/24/2025Renowned lawyers Geoffrey Robertson and Amal Clooney may join Samvel Karapetyan's defense team
... their claims in international organizations. At subsequent stages of the submission of claims to the European Court of Human Rights (ECHR), Amal Clooney's participation in the process may be formally considered. Geoffrey Robertson is the founder and director of the law firm Doughty Street Chambers. He previously, together with Amal Clooney represented Armenia in the case of prosecution for genocide denial. Geoffrey Robertson is also known for his active position on the issue of international recognition ...
07/24/2025Startups presented successful experience of digital transformation of Acba Bank
... tech specialists to communicate in a formal and informal setting and establish new business connections. As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience of digital transformation of Acba Bank. “We shared with young startups the experience of digital transformation ...
07/24/2025Startups presented with successful experience of Acba Bank digital transformation
... specialists to communicate in a formal and informal setting and establish new business connections. As part of the Sevan Startup Summit, startups participate in various seminars, workshops and master classes. In this regard, Acba Bank Deputy CEO, Director of Digital Platforms and Technologies Tigran Simonyan also gave a special speech for startups, talking about the successful experience of Acba Bank digital transformation. “We shared with young startups the experience of the bank’s digital ...
07/23/2025Business and marketing leaders to gather in Yerevan for Synergy Business & Marketing Summit
... The speakers of the forum include Vladislav Bermuda - marketing expert, TikTok - more than 1.1 million people; Elena Arikova - brand strategy, more than 150,000 students; Gevork Muradyan - co-founder of the Synergy Dubai school; Konstantin Petrosov - director of the ARKA news agency. According to Vardanyan, the Synergy Business & Marketing Summit will turn Yerevan into a regional hub for business communication, providing participants with practical marketing solutions, business ideas and establishing ...
07/23/2025Acting head of Electric Networks of Armenia refuses to resign despite demands from interim administrator
Acting CEO of the Electric Networks of Armenia (ENA) national power distribution company David Ghazinyan said he had no plans to write a letter of resignation. YEREVAN, July 21. /ARKA/. Acting CEO of the Electric Networks of Armenia (ENA) national power distribution company David Ghazinyan said he had no plans to write a letter of resignation. Earlier, ENA's interim government-appointed administrator Romanos Petrosyan said that Ghazinyan would be dismissed from his position because he was “one...
07/21/2025Acting CEO of Electric Networks of Armenia dismissed for loss of trust-interim administrator
Acting Director General of CJSC Electric Networks of Armenia (ENA) David Gazinyan will be dismissed from his position, no mass resignations are planned, said ENA interim state administrator Romanos Petrosyan. YEREVAN, July 21. /ARKA. Acting Director General ...
07/21/2025World-renowned musicians and Armenian music lovers under one roof: Ameriabank alongside Kapan Fest (VIDEO)
... Argerich, Mischa Maisky, Cecilia Bartoli, Gautier Capuçon, Riccardo Muti, and others. Vadim Repin, who plays a Rode violin made by Stradivarius in 1722, has been awarded France's highest honor, the Order of Arts and Letters. He is also the artistic director of the Trans-Siberian Art Festival, which he founded in 2014. About Ameriabank Ameriabank is Armenia's leading financial technology institution and plays an important role in the country's economy. As part of its digital transformation strategy,...
07/18/2025EU-Armenia SME Fund, managed by Amber Capital Armenia, invests USD 4 million in Auto Gallery
... accelerate the transition to green mobility and higher operational standards in Armenia, but also contribute to job creation, improved logistics infrastructure, and enhanced service quality across the automotive sector.” Gevorg Gevorgyan, Founder and Director of Auto Gallery CJSC, noted: “At this stage of development, cooperation with the EU-Armenia SME Fund will allow us to move forward with faster and more confident steps. Our primary goal is to offer high-quality services and effective solutions ...
07/17/2025Armenia launches €14.8 million waste management reform: first sanitary landfill site put into operation
Armenia has launched its first sanitary landfill, marking the start of a systemic reform in the field of waste management, said Sergey Hambartsumyan, director of the inter-municipal organization “Solid Waste Management of Kotayk and Gegharkunik.” YEREVAN, July 14. /ARKA/. Armenia has launched its first sanitary landfill, marking the start of a systemic reform in the field of waste management,...
07/14/2025Director of “Tashir Pizza” LLC arrested on suspicion of tax evasion - Investigative Committee of Armenia
Director of Tashir Pizza LLC Vaghinak Ghazaryan has been arrested in Armenia, Kima Avdalyan, press secretary of the Investigative Committee of Armenia, told ARKA news agency on Friday. YEREVAN, July 11. /ARKA/. Director of Tashir Pizza LLC Vaghinak ...
07/11/2025Armenia and EU note progress in partnership based on shared values
... borders, based on the principles of the Alma-Ata Declaration of 1991. The EU also expressed support for Armenia's efforts to fully normalise relations with Turkey. The meeting was co-chaired by Deputy Foreign Minister Vahan Kostanyan and Deputy Managing Director for Eastern Europe and Russia at the European External Action Service Audron Perkauskiene.
07/09/2025Jazeera Airways flight from Kuwait welcomed at Zvarnots International Airport
... airport welcomed the flight from Kuwait operated by Jazeera Airways. YEREVAN, July 8. /ARKA/. Today, July 8, 2025 Zvartnots International airport welcomed the flight from Kuwait operated by Jazeera Airways. The event was attended by Marcelo Wende, Director of “Armenia” International Airports” CJSC, Sergey Avetisyan, General Manager of “Armenia” International Airports” CJSC, Barathan Pasupathi, CEO of Jazeera Airways, H.E. Arsen Arakelyan, Ambassador of the Republic of Armenia to the ...
07/08/2025Ameriabank acted as a fintech partner for Tech Week Vanadzor
... should not be underestimated. We hope that sharing our experiences and presenting our views and visions will help newcomers start their careers more easily and encourage experienced professionals to strive for new heights," she said. Artem Shamsyan, director of Ameriabank's subsidiary, Dinnno LLC, shared the company's success story during Tech Week in his presentation on “DINNO's First Billion: 7 Principles for Success.” It should be noted that the Tech Week platform provides an opportunity to ...
07/07/2025Risks of investor outflow and damage to economy – experts on nationalization of Electric Networks of Armenia
... in Armenian society and, in particular, in expert circles. ARKA news agency cites the opinions of experts, politicians and business representatives on this issue. Tigran Jrbashyan: A Step Towards Nationalization Is Extremely Risky Tigran Jrbashyan, Director of Management Consulting at Ameria, stated that the use of nationalization as a way to solve problems is used in developed market economies. 'But this is an extreme measure, which is resorted to only when all other ways of implementing state ...
07/04/2025Ardshinbank at the Forefront of Digital Security: Sponsor and Participant of BugBounty 2025 Event
... through real-world scenarios simulated in a controlled environment. This helps organizations strengthen their defenses. Ardshinbank not only took part in this important event but also proudly sponsored the BugBounty initiative. As Komitas Stepanyan, Director of the Information Technologies and Cybersecurity Department of the Central Bank, noted: “Cybersecurity is not merely a technical issue. It is a critical component of financial stability that requires ongoing effort to address its challenges....
07/02/2025Acba Bank recognized as the best in CyberGEN's Bug Bounty competition (video)
... partners' banking applications more secure. In the field of cybersecurity, this is a systemic problem, and the vulnerability of one affects everyone. In this way, we are improving the security of the entire banking system," said Vagharshak Iskandaryan, Director of Information Security and Cybersecurity at Acba Bank. "We are holding this event for the second year in a row, and this year the teams were particularly strong. The first place went to the Acba Bank team. Last year, Acba Bank's team participated ...
07/01/2025It is absolutely not necessary to worsen Armenian-European relations to improve Russian-Armenian relations - Iskandaryan
It is absolutely not necessary to worsen Armenian-European relations to improve Russian-Armenian relations, Director of the Caucasus Institute Alexander Iskandaryan said in an interview with RBC. YEREVAN, July 1. /ARKA/. It is absolutely not necessary to worsen Armenian-European relations to improve Russian-Armenian relations, Director of the Caucasus Institute ...
07/01/2025There is no dilemma between the EAEU and the EU for Armenia, its membership in the EU is impossible - Iskandaryan
... between the Eurasian Economic Union (EAEU) and the EU for Armenia, the country's membership in the EU is impossible, believes the director of the Caucasus Institute Alexander Iskandaryan. "Of course, it is impossible to be in the EAEU and the EU at the ... ... countries. There is no such interest in relation to Armenia. But this is a certain narrative that works in Armenian domestic politics," the political scientist believes. On Russia's position Official Moscow has repeatedly stated at various levels ...
07/01/2025Republic of Armenia put on notice of investment dispute for its actions against Samvel Karapetyan and Electrical Networks of Armenia
... Manaseryan added that from the point of view of the functioning of the country's economy, it is difficult to even imagine what consequences the nationalization of such an object as "Electric Networks of Armenia" will have. Tigran Jrbashyan, Director of Management Consulting at Ameria, believes that with the appropriate legislative framework, as envisaged in Armenia, the government can effectively control infrastructure management by regulating tariffs, setting standards, ensuring quality ...
07/01/2025Accusations of Electrical Networks of sabotage are false - head of the company
Acting General Director of Electric Networks of Armenia CJSC David Gazinyan touched upon two cases of power outages last week - during the opening of the Homplex Mall hypermall on Wednesday, as well as on 40% of the territory of Yerevan and part of Ashtarak on Friday....
06/30/2025“Electrical Networks of Armenia” recalled the catastrophic state of the system before its acquisition by the “Tashir Group”
Acting General Director of “Electrical Networks of Armenia” CJSC David Gazinyan recalled the catastrophic state of the system before its acquisition in 2015 by the “Tashir Group” represented by Samvel Karapetyan. YEREVAN, June 30. /ARKA/. Acting General Director ...
06/30/2025Tigran Jrbashyan: Armenian women are more effective in business than men
Armenian women are more effective in business, said Tigran Jrbashyan, Director of Management Consulting Service at Ameria and Head of the National Team of the Global Entrepreneurship Report. YEREVAN, June 30. /ARKA/. Armenian women are more effective in business, said Tigran Jrbashyan, Director of Management Consulting ...
06/30/2025"Global Entrepreneurship Report": Armenia ranks first in "Eastern Europe+" group
... entrepreneurship in Armenia requires a broader policy vision that goes beyond financial support and focuses on education, digital inclusion, and structural incentives that promote business scaling, innovation, and long-term survival," said Tigran Jrbashyan, Director of Management Consulting at Ameria and Head of the Global Entrepreneurship Report National Team, commenting on the report. He said that the survey was conducted in April-June 2024, involving more than 2,000 residents of Armenia and 37 experts....
06/30/2025Andranik Simonyan appointed director of the National Security Service of Armenia
Andranik Simonyan has been appointed director of the National Security Service of Armenia. YEREVAN, June 28. /ARKA/. Andranik Simonyan has been appointed director of the National Security Service of Armenia. Armenian Prime Minister Nikol Pashinyan signed the corresponding decision on Saturday,...
06/29/2025Delivery times for goods from Armenia and other CIS countries to Russia have increased by two weeks
... to increased customs checks, Forbes.ru reported citing Russian daily 'Izvestia.' Problems have arisen with deliveries from Kazakhstan, Georgia, Armenia, and Kyrgyzstan. Only Belarus is operating without delays, noted Alexei Razumovsky, commercial director of Impaya Rus. The Russian Federal Customs Service press service noted that Russia, Kazakhstan, and Armenia are members of the Eurasian Economic Union (EEU) and have a single customs territory. Cargoes may be inspected when transiting from third ...
06/27/2025Armenian National Security Service officers enter the territory of the Mother See of Holy Etchmiadzin: clashes between clergy and security forces
... “Dear ones, all the clergy of Armenia are ready to be arrested: we are all in the Mother See of Holy Etchmiadzin. We have come to the Mother See: from Holy Etchmiadzin you will take either all of us or our corpses,” said Priest Asoghik Karapetyan, Director of the Museums and Archives of the Mother See of Holy Etchmiadzin. Earlier on Friday, security forces conducted investigative actions at the place of residence of the Primate of the Shirak Diocese of the Armenian Apostolic Church, Archbishop ...
06/27/2025Novosti-Armenia news agency launches Telegram Channel in Armenian
... language simply, promptly, and to the point. This is especially important for the diaspora, where there is an urgent need for reliable information from Armenia. We want our compatriots to feel closer to home — wherever they are,” said Galina Davidyan, director of the agency. The new Telegram channel will be an addition to the Russian-language news feed and will be of interest to a wide audience that prefers to consume information in Armenian in a convenient and concise format. AMI “Novosti-Armenia” ...
06/25/2025Ameriabank's MyInvest Platform Gains Direct Access to AMXTrader Trading System
... institutions. We welcome Ameriabank’s progressive move, which can serve as an example for other companies. Collaborations like this are vital in accelerating the development of a more dynamic, transparent, and inclusive capital market.” Diana Hakobyan, Co-Director of Ameriabank’s FX and Brokerage Operations, added: “This new collaboration between the Armenia Stock Exchange and Ameriabank is a turning point not only for the development of Ameria’s digital investment services but also for advancing ...
06/23/2025Almost 70% of respondents in Armenia do not believe that lasting peace with Azerbaijan can be achieved through negotiations
....5% of respondents of a survey do not believe that lasting peace with Azerbaijan can be achieved through negotiations, while 30.8% believe it can. This is evidenced by the results of a survey conducted by the Arar Foundation, said the organization's director Armen Khachikyan. “At the same time, 62.8% are convinced that without resolving the Karabakh h issue, it is impossible to sign a peace treaty with Baku, while 33.5% do not think so,” Khachikyan said. The telephone survey (using computer-generated ...
06/20/2025Almost 60% of respondents highly evaluate activities of Armenian Armed Forces and Armenian Church
... a public opinion survey highly evaluate the activities of the Armenian Apostolic Church on a 10-point scale, while 18.7% are dissatisfied with it. The findings of the survey conducted by the Arar Foundation, were revealed today by the organization's director, Armen Khachikyan. "At the same time, some 58.5% of respondents are dissatisfied with the activities of the National Assembly, 45.8% with the government, and 24.3% with the police. Also, 18.5%, 27.8%, and 49% are satisfied with the activities ...
06/20/2025VTB (Armenia) becomes official partner of Music for the Future Foundation
... and move forward with confidence. We are grateful to the bank for its support in achieving our main mission—to shape the musical future of the country by revealing and developing the potential of the new generation," said Anna Ter-Ovakimyan, director of the Music for the Future Foundation. The Music for the Future Foundation was established in 2019 on the initiative of Sergey Smbatyan, artistic director and chief conductor of the Armenian State Symphony Orchestra. The main mission of the ...
06/19/2025Investments Starting from $1 Commission: Apricot Capital Makes Investing More Affordable
... Academy educational platform, removed the minimum deposit requirement, and now, we have reduced commissions as much as possible, thanks to which our clients will be able to make investments with very little costs," said Vachik Gevorgyan, Executive Director of Apricot Capital. Apricot Capital is an investment company licensed by the Central Bank of Armenia and is included in the list of major taxpayers in the Republic of Armenia. According to data from the first half of 2025, it is the 73rd largest ...
06/19/2025Ardshinbank Continues to Expand Its Network of Modern Branches
... transactions even outside regular business hours. Located in the Malatia-Sebastia administrative district at 24/1 Zoravar Andranik, the branch operates Monday to Friday from 9:15 AM to 4:45 PM, and Saturdays from 10:15 AM to 1:45 PM. Arsen Tamazyan, Deputy Director of Retail Business and Head of Network Sales Division at Ardshinbank, highlighted the significance of this new branch: “The launch of the Sebastia branch responds to the rapid growth of our client base. Opening another service center was both ...
06/18/2025A national warehouse of products from Armenia will be opened in the United States to support Armenian producers
... opportunity will significantly facilitate the activities of Armenian producers - they will gain both in time and financial terms, as well as by reducing paperwork,” Manukyan noted at a press conference, Armenpress reports. In turn, Tigran Ghazaryan, Director of the International Business Relations Support Council, noted that the creation of a national warehouse is a recognized and successful model in international practice. He noted that the Council is not limited to partnership with exclusively ...
06/18/2025Armen Abazyan, head of the National Security Service of Armenia, has been dismissed
Armenian Prime Minister Nikol Pashinyan has dismissed Armen Abazyan, director of the National Security Service of Armenia. YEREVAN, June 18. /ARKA/. Armenian Prime Minister Nikol Pashinyan has dismissed Armen Abazyan, director of the National Security Service of Armenia. The decree on this was signed by the Prime Minister ...
06/18/2025VTB (Armenia) launched a new service for money transfers to “Mir” cards of all Russian banks
... have specifically simplified the process: now you can send money from card to card instantly, even without an application. This is part of our strategy to create convenient digital solutions for clients,” commented Taras Kladchenko, Deputy General Director and Chairman of the Directorate of VTB (Armenia). If the client does not have a Mir card, he can order it for free directly on the page. The card is multicurrency, which allows you to make transfers from both the dram balance and ruble accounts....
06/17/2025The most prestigious wine competition Concours Mondial de Bruxelles will be held in Armenia for the first time
One of the most prestigious wine competitions in the world, the 33rd Concours Mondial de Bruxelles, will be held in Armenia for the first time, said Zara Muradyan, director of the Armenian Viticulture and Winemaking Foundation. YEREVAN, June 12. /ARKA/. One of the most prestigious wine competitions in the world, the 33rd Concours Mondial de Bruxelles, will be held in Armenia for the first time, said Zara Muradyan,...
06/12/2025Mirzoyan and Grossi discussed priorities in nuclear energy and international cooperation between Armenia and the IAEA
On Tuesday, Armenian Foreign Minister Ararat Mirzoyan and IAEA Director General Rafael Mariano Grossi discussed the priorities of the Armenian government in the field of nuclear energy and cooperation with international partners. YEREVAN, June 11. /ARKA/. On Tuesday, Armenian Foreign Minister Ararat Mirzoyan and ...
06/11/2025Modern French language class opened in Mastara village school with the support of the Stepan Gishyan Foundation
.... “We are glad to be in Mastara Secondary School today, where hundreds of students now have the opportunity to study French in a renovated, new and digitalized classroom, also equipped with new literature brought from France,” said Anna Gishyan, director of the Stepan Gishyan Charitable Foundation. "It is very important that French is taught in Armenian schools, and I am very happy that we are seeing such a result again. I am really impressed by this level of proficiency in French. I am ...
06/10/2025Armenia hosts the largest wine festival in the region for the fifth time with the support of Acba Bank (VIDEO)
... this is the festival that can have a very positive and important impact on the economy, agriculture, winemaking and tourism of Armenia. Without this cooperation, Yerevan Wine Days would not be what they are today,” said Mary Badalyan, co-founder and director of EventTura. The bank is controlled by the Central Bank of Armenia. -0-
06/09/2025Expansion of infrastructure programs in Armenia discussed by RA Deputy Prime Minister with KfW bank delegation
Programs in the field of irrigation and energy in Armenia were discussed by Armenian Deputy Prime Minister Tigran Khachatryan at a meeting with a delegation of the German KfW bank headed by the Bank's Regional Director for Eastern Europe, Central Asia and the Caucasus Veronica Garcia del Arco. YEREVAN, June 6. /ARKA/. Programs in the field of irrigation and energy in Armenia were discussed by Armenian Deputy Prime Minister Tigran Khachatryan at a meeting ...
06/06/2025President appoints Haykak Arshamyan as Armenia’s Ambassador to Hungary
... Plenipotentiary of the Republic to Hungary and appointed Haykak Arshamyan to this post. The corresponding decrees of the President were signed on June 5. Haykak Arshamyan announced on his Facebook page that he has completed his work as the executive director of the Hayastan All-Armenian Fund due to his transfer to diplomatic service. He has held this position since October 2018. By other decrees, the RA President appointed Vahe Gevorgyan as Ambassador Extraordinary and Plenipotentiary of Armenia ...
06/06/2025Armenia and US discuss cooperation in the field of peaceful nuclear energy and mining
... Russia, the United States, and South Korea is being studied. The Armenian side is already considering a preliminary feasibility study for the construction of a new 1200 MW unit developed by the Rosatom state corporation. Earlier, Rosatom First Deputy Director General Kirill Komarov, answering a question from the ARKA agency, said that the corporation could offer Armenia nuclear reactors with a capacity of 50 to 1000 MW. According to him, there is, in particular, the possibility of "assembling" ...
06/05/2025Unibank opened renovated branch in Sisian
... network, the bank is actively developing digital channels, creating a comprehensive service system that allows each client to choose the most convenient way of interaction - in the office or through a mobile application," said Arsen Poghosyan, Director of the Unibank branch network.
06/04/2025Unibank Sponsors the “Yerevan Dialogue” International Forum
... Gender Equality and Economic Empowerment of Women, Serbia • Baratang Miya, Founder, Women in Internet Governance, South Africa • Scott Cunningham, Entrepreneur, Investor, and Global Change Leader, USA The session was moderated by Viktoria Poghosyan, Director of External Affairs, Philip Morris Armenia. In his address, Ararat Ghukasyan spoke on the convergence of digital finance and data governance: “Banks are adapting to a world where data is currency—but that data must be protected. Regulation ...
05/30/2025EBRD and EU jointly implement capital market support program in Armenia
... support could lead to positive results. “We have already had meetings at the Central Bank, in various ministries, at the government level, and we see that there is a willingness to support and stimulate this program,” Kuprashvili said. Rada Tomova, Director of Financial Markets and Capital Markets Development at the European Bank for Reconstruction and Development (EBRD), noted that the capital market in Armenia is in its early stages of development, but positive results can already be seen. “Over ...
05/30/2025Armenia and France to establish Armenian representative office of French Development Agency
... governments of Armenia and France on the establishment of the Armenian representative offices of the French Development Agency (AFD) and a company for the promotion of economic cooperation and participation (Proparco). In the presence of the ministers, Acting Director of Enterprise Armenia investment support fund Gohar Ghalyan and Ambassador Extraordinary and Plenipotentiary of France to Armenia Olivier Decottignies have signed a Memorandum of Understanding between Enterprise Armenia Fund and Business France....
05/26/2025Byblos Bank Armenia joins the ArcaPay system
... customers can easily access the Byblos Mobile app and make fast, secure money transfers to customers of other banks by simply providing their phone number," said Artur Palikyan, Head of the Bank’s Consumer Banking Department. Ruben Saghoyan, Director of Development at Arca, noted։ “ArcaPay became the first system to introduce a new trend, enabling interbank transfers using only contact information, without requiring card details, and processing them within seconds. We are happy to welcome ...
05/26/2025Former Armenian President Accused of Receiving $3 Million Bribe
... Anti-Corruption Committee reported today. During the investigation of the criminal case conducted by the Anti-Corruption Committee, it was established that the said citizen, having taken advantage of his official position to commit actions in favor of the director of the LLC, namely not to prevent the sale of 100% of the company's shares to a non-resident of Armenia, in February-April 2008, with the assistance of the senior assistant to the Prime Minister of Armenia, received a bribe of $2,985,000 from ...
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