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Russia to help establish machine and tractor stations in Armenia
Representatives of the Russian Ministry of Industry and Trade offered their assistance to Armenian Ministry of Agriculture in drawing up a "road map" for the establishment of the so-called machine and tractor stations in Armenia. YEREVAN, March 23. /ARKA/. Representatives of the Russian Ministry of Industry and Trade offered their assistance to Armenian Ministry of Agriculture in drawing up a "road map" for the establishment ...
03/23/2017Armenia’s SRC foils attempt to smuggle in 25 tons of machine oil
Armenia’s State Revenues Committee (SRC) said today its customs officers thwarted an attempt to smuggle into the country a large consignment of machine oil through the Agarak checkpoint in the south of the country on the border with Iran. YEREVAN, November 4. /ARKA/. Armenia’s State Revenues Committee (SRC) said today its customs officers thwarted an attempt to smuggle into the country ...
11/04/2022Machine tool plant in Armavir, Armenia, expected to start assembling agricultural machinery
The machine tool plant in Armavir, Armenia, is expected to start assembling agricultural machinery, Deputy Agriculture Minister Samvel Galsyan said Thursday at a news conference. YEREVAN, March 15. /ARKA/. The machine tool plant in Armavir, Armenia, ...
03/15/2012State spending raised by 11bln drams under 2014 draft budget in Armenia
Armenia’s state machine spending will increase by 10.9 billion drams under the 2014 draft government budget, deputy minister of finance Pavel Safaryan said during budget hearings in the parliament. YEREVAN, October 29. /ARKA/. Armenia’s state machine spending ...
10/29/2013Armenian government to sign agreement with fine machine-tool manufacturers
An agreement between the government and fine machine-tool manufacturers is to be signed within the framework of the new industrial policy in Armenia, Armenian Prime-Minister Tirgan Sargsyan said at the meeting of Trustees’ Board of the National Competitiveness Fund. YEREVAN, October 22. /ARKA/....
10/22/2012Armavir Machine Tool Plant To Start Producing Mini Tractors
The Armavir machine tool plant is planned to start producing mini tractors called Armavir-2011. YEREVAN, July 11. /ARKA/. The Armavir machine tool plant is planned to start producing mini tractors called Armavir-2011. Economy Minister Tigran Davtyan visited the ...
07/12/2011G-Coder company exempted from 98 million drams of import duty in return for 2.5 bln dram investment
The government of Armenia has decided today to exempt the G-Coder company from paying part of import duties in return for investing 2.5 billion drams in the creation of a modern machine-tool center in the capital city Yerevan for manufacturing ultra-precise and universal products using imported equipment. YEREVAN, November 9. /ARKA/. The government of Armenia has decided today to exempt the G-Coder company from paying part ...
11/09/2023Production of exclusive fruit dryer machines launched in Armenia
An innovative portable fruit dryer machine equipped with solar air and water heating, a heat pump and other modern technologies has been produced in Armenia, creating new opportunities in the field of dried fruit production, Acba bank said today in a press release. YEREVAN, December ...
12/09/2021Azerbaijan again breaches ceasefire on line of contact
On Thursday overnight Azerbaijani troops breached the ceasefire along the line of contact in Nagorno-Karabakh by using small arms, machine guns and also sniper weapons, the Nagorno-Karabakh defense ministry said. YEREVAN, June 16. /ARKA/. On Thursday overnight Azerbaijani troops breached the ceasefire along the line of contact in Nagorno-Karabakh by using small arms, machine ...
06/16/2016Eurasian Economic Union member countries' prime ministers order financing of marking introduction
... Union member countries' prime ministers signed today an order for financing a pilot project of introduction of marking on some varieties of light industry's products and for elaborating a concept of establishment of the Eurasian Engineering Center for Machine Tool Industry, RIA Novosti reports. YEREVAN, February 6. /ARKA/. The Eurasian Economic Union member countries' prime ministers signed today an order for financing a pilot project of introduction of marking on some varieties of light industry's ...
02/06/2015SEVEN ARMENIANS AMONG TOP 1000 RUSSIAN MANAGERS IN 2013 RANKING
... top executives of Armenian descent who run Russia’s companies have found themselves among top 1000 Russian managers in Kommersant newspaper and the Russian Managers Association’s 2013 ranking. Armenian top managers run commercial banks, machine-building plants, insurance, transport, financial and chemical companies. Rosgosstrakh President Daniil Khachaturov is topping the subgroup Insurance. He is the only Armenian-descent manager placed atop. Sergey Sarkisov, chairman of the RESO-Garantia ...
09/20/2013Defense-industrial enterprises of Armenia and Russia to sign new contracts: Semerikov
... Security Treaty Organization (CSTO) Valery Semerikov said at the break-interval of the joint session by Russian and Armenian national units of CSTO Interstate Commission for Military-Economic Cooperation, Novosti-Armenia agency reports. Charentsavan machine-tool plant (Armenia) and OJSC Scientific Production Corporation Uralvagonzavod reached a framework agreement in Armenia’s capital the previous day. “The contracts signed between these two joint-stock companies have targets. They ...
04/12/2012Armenia’s authorities use government machine for election violations, Ter-Petrosyan claims
Armenia’s authorities are using the machine of the government for election violations, Grigor Harutyunyan, member of the election staff of Armenia’s first president Levon Ter-Petrosyan told reporters. YEREVAN, February 20. /ARKA/. Armenia’s authorities are using the machine of ...
02/20/2008Acba Bank presented its AI achievements at AI Conf conference (VIDEO)
... partnership with Acba Bank, during which the industry representatives discussed a set of issues related to the introduction of artificial intelligence in financial-banking, business and education, the bank's press service reports. Acba Bank's AI and machine learning specialist Mher Movsisyan was one of the speakers at the conference organized by Krisp. He presented solutions to various problems in the bank using machine learning and artificial intelligence. “With the introduction of the document ...
10/14/2024Top 5 areas for investment in 2024
... electronics, internet services, etc. The blockchain sector is of great relevance. Blockchain is a technology for storing, verifying and exchanging data over decentralised networks. A significant area is robotics: 3D modelling, sensors, 5G, cloud computing and machine vision (a method that allows equipment to see the manufacturing process, perform analysis and make decisions). One of the newest trends is quantum computing. This is solving problems using atoms, molecules and other structures, enabling the synthesis ...
07/25/2024Armenian Kilikia beer is competitive in the world market (video)
... Arayik Ghazaryan, head of production at Kilikia Brewery and chief technologist. "In order to keep up with the market we upgrade our equipment and get quality products. As a result of cooperation with Acba Leasing, we have acquired a Czech bottling machine with a capacity of 15,000 bottles per hour. This equipment works on exported products. Barrel washing machine was also purchased in cooperation with Acba Leasing, which is a great help in terms of time and quality," said Hayk Torosyan, Chief ...
10/25/2023Yerevan refutes Azerbaijan’s lies about concentrating weapons, equipment and personnel in Sotk
Armenian Defense Ministry has denied today Azerbaijani propaganda machine’s fake news alleging that Armenian armed forces are concentrating a large number of weapons, military equipment and personnel in Sotq region. YEREVAN, September 1. /ARKA/. Armenian Defense Ministry has denied today Azerbaijani propaganda ...
09/01/2023AI, figital and banking ecosystems - FINTECH360 international conference was held in Yerevan
... manager of Armbrok, shared his vision of the topic: he prepared a report titled "Portfolio Investments for Private Individuals: Time for Change.' Svetlana Markova, chief consultant at ENFINT, spoke at the conference about the practice of implementing machine learning models in banks - from a pilot project to the creation of an industrial platform. Sofia Donets, chief economist for Russia and the CIS at Renaissance Capital, delivered a report titled "The Global Flood and the Armenian Ark of Economic ...
11/10/2022Ameriabank's artificial intelligence-based loan granting system contributes to dramatic rise in consumer lending
... bank said. YEREVAN, January 15. /ARKA/. Ameriabank is the first financial institution in Armenia that has introduced a new and up to date system of providing consumer loans, the press service of the bank said. The system operates on the basis of machine learning / artificial intelligence algorithms, enabling bank customers to get a consumer loan as quickly and conveniently as possible. Thanks to a comprehensive assessment of the creditworthiness of the customer, the loan granting process is ...
01/15/2020Tatoyan family in Nerkin Getashen repairs watermill with assistance of ACBA Federation and NABU
The Tatoyan family in the village of Nerkin Getashen has turned a watermill, built back in the 1800s, into a real time machine, the ACBA - CREDIT AGRICOLE BANK said in a press release. YEREVAN, December 11. /ARKA/. The Tatoyan family in the village of Nerkin Getashen has turned a watermill, built back in the 1800s, into a real time machine, the ACBA - CREDIT AGRICOLE ...
12/11/2019Armenian press points out causes of jam at Upper Lars border checkpoint
... presented several causes of the jam at Upper Lars border checkpoint, which is creating major troubles to Armenian entrepreneurs. Zhamanak reports referring to cargo transporters heading for Russia that the problem has emerged because of the weighting machine - its figures differ from the real weight. YEREVAN, September 27. /ARKA/. Armenian newspapers have presented several causes of the jam at Upper Lars border checkpoint, which is creating major troubles to Armenian entrepreneurs. Zhamanak ...
09/27/2019Armenian economy is shifting from betting offices and slot machines to industrial production
The Armenian economy is undergoing a recovery period shifting gradually from betting-office-and –slot machine -based economy to industry-based one, the acting Prime Minister Nikol Pashinyan told a news conference today. YEREVAN, November 20. /ARKA/. The Armenian economy is undergoing a recovery period shifting gradually from betting-office-and –slot ...
11/20/2018Solar station to be built in Armenia’s Tavush province
A solar power station and a machine-and-tractor station will be built in Noyemberyan, Tavush province of Armenia. YEREVAN, November 3. /ARKA/. A solar power station and a machine-and-tractor station will be built in Noyemberyan, Tavush province of Armenia. The Armenian government,...
11/03/2017President: situation in the world and Russian economy reduced anticipated effect from Armenia’s membership in EEU
... accession to the Customs Union. First of all, it is agriculture. He also noted serious development of industrial cooperation. "We are confident that we can jointly produce competitive products in the instrument-making industry, radio electronics, machine-tool construction, and machine building, and we already have an opportunity to do this with our Russian colleagues," the president said. Armenia has become a member of the Eurasian Economic Union in January 2015. According to the National ...
11/02/2017Introduction of grant-funded venture financing instruments another important step towards full disclosure Armenia’s scientific potential - president
Serzh Sargsyan, Armenian president, speaking Thursday at a gala dinner held at Armenia Marriott Hotel by the Armenian Science and Technology Foundation (FAST) within the framework of an international workshop referred to as “Machine Learning for Discovery Sciences”, said that FAST-offered grant-funded venture financing instruments are another important step towards the full disclosure of our scientific potential. YEREVAN, October 20. /ARKA/. Serzh Sargsyan, Armenian ...
10/20/2017Downtown Yerevan murder was vendetta
The burst of machine-gun fire in the downtown Yerevan today at about 1.20 pm caused a commotion. YEREVAN, September 14. /ARKA/. The burst of machine-gun fire in the downtown Yerevan today at about 1.20 pm caused a commotion. Soon after it emerged that one man was ...
09/14/2017Police in Vardenis investigate attack against a gold mine security employee
... Vardenis have started an investigation into an attack against a gold mine security officer with the use of firearms, reported on December 1. According to a Police report, on December 1 at about 23:00 a local resident identified as Vahagn M. 32, shot AKM machine gun in a Sotk gold mine security employee Yuri M., born in 1981. The latter with a gunshot wound on the left foot was taken to hospital. As a result of search operations Vardenis police officers managed to track down the attacker, disarm him and ...
12/02/2016Azerbaijanis fire from large-caliber machine guns and sniper rifles at Karabakh positions this night
... with Nagorno Karabakh firing around 350 shots at Karabakh positions, the press office of Nagorno-Karabakh Republic’s defense ministry reported Thursday morning. On the northern section of the contact line, the Azerbaijani side used large-caliber machine guns and sniper rifles. According to the press release, the Karabakh army continues controlling the situation on the contact line and resorts to the return steps only when it is extremely necessary. ---0---
10/20/2016Names of 7 killed in Karabakh already known
... Karabakh-Azerbaijan contact line. According to Novosti Armenia the following servicemen were killed on the frontline: Armenak Urfanyan, 25, commander of the 4th squadron, in military service since 2007, lived in Yerevan before his service; Kyaram Sloyan, 19, machine gunner, a conscript of 2014, lived in Artashavan village, Armenia's Aragatsotn province before military service; Yuri Paramazyan, a commander of 15th squadron, a conscript of 2014, lived in Martuni, Nagorno-Karabakh Republic; Major Hovsep Mailyan,...
04/04/2016Belarus to open tractor and harvester stations in Armenian regions - ambassador
Belarus will set up so called machine and tractor stations in Armenian regions, Belarusian ambassador to Armenia Stepan Sukhorenko told reporters on Monday. YEREVAN, May 5. /ARKA/. Belarus will set up so called machine and tractor stations in Armenian regions, Belarusian ambassador ...
05/05/2015Gunmachine from the Giumry family murder scene had no suppressor – ballistic evidence
... family murder case. YEREVAN, April 17. /ARKA/. Armenia’s Investigative Committee has released the results of ballistic, forensic, chemical and trace tests in the Giumry family murder case. The tests found that no suppressor was used on the machine gun found at the crime scene, the website of the Investigative Committee says. Russian soldier Valery Permyakov, who pleaded guilty is charged with killing seven members of the Avetisyan family, including a two-year-old girl and a six-month-old ...
04/17/2015Bank VTB (Armenia) clients take now advantage of extended cash machine network
... will have now a wider choice of ATMs due to connection of Transcreditbank ATMs to the network, the bank’s press office reported. The bank’s clients who hold Visa and MasterCard have an opportunity to withdraw money from over 11,500 cash machines of VTB24, VTB banks in CIS countries and Georgia, with no extra commission fee charged, says the report. VTB (Armenia) clients can get detailed information and find the nearest VTB Group cash machine in CIS and Georgia using the application for ...
04/11/2014Azeri machine-gun fire affects civil cars in Armenia
... ceasefire and opened gunfire on Tavush region of Armenia Saturday. Civil cars have been affected, press secretary of Armenia’s ministry of defense Artsrun Hovhannisyan reported on his facebook page. Hovhannisyan said Azeri soldiers were firing from machine-guns and large-caliber guns. Armenian servicemen behave reservedly following the instruction of the defense minister Seyran Ohanyan, the press secretary said. Azeri side has again violated the ceasefire ignoring all calls for peace, and, hence,...
11/18/2013Armenian exports to Iraq at about 30 mln dollars: vice-premier
... Industrial Development Fund and the Armenian Development Agency as part of the sitting of Armenia-Iraq intergovernmental commission. Over 50 Armenian companies engaged in various fields such as construction, pharmaceuticals, jewelry, food industry precise machine-building are presented at the exhibition. Iraqi delegation is headed by co-chair of Armenia-Iraq intergovernmental commission Roz Nuri Shawees and comprises of about 50 officials and about 70 business representatives. An Armenian-Iraqi business ...
11/07/2013Armenian environmentalists to protest against harmful effects of Sotk mine on Lake Sevan
... from ARKA, she said the actions of environmentalists will be directed "against the illegal activities of the company" and "limiting the adverse effects on Lake Sevan". Earlier, the press service of GPM GOLD said that the crushing machine operated at the mine is in full compliance with Armenia’s environmental law. Zarafyan also said she had repeatedly asked the ministry of environment protection to assess the damage of dust load to the lake, but the ministry ignored her appeals....
08/18/2012”Rosagromash” discusses the opportunity of establishment a joint assembling company with Armenia
“Rosagromash” discusses the opportunity of establishment a joint assembling company with Armenia, said the President of Russian Association of Manufacturers of Agricultural Machinery “Rosagtromash” Konstantin Babkin. YEREVAN, October 10. /ARKA/. “Rosagromash” discusses the opportunity of establishment a joint assembling company with Armenia, said the President of Russian Association of Manufacturers of Agricultural ...
10/11/2011Armenian economy minister presents strategic policy designed for export-oriented industries
Armenian economy minister Tigran Davtian met today with chief executives of local instrument-making and machine building enterprises to present a blueprint strategic policy designed for export-oriented industries. YEREVAN, August 26. / ARKA /. Armenian economy minister Tigran Davtian met today with chief executives of local instrument-making and machine ...
08/26/2011Belarus tractors to be produced in Armenia
Armenia will be manufacturing Belarus tractors, the supplies of which will be implemented by the Bobruisk Machine-Building Plant. YEREVAN, August 12. / ARKA /. Armenia will be manufacturing Belarus tractors, the supplies of which will be implemented by the Bobruisk Machine-Building Plant. As the head of trade and efficient markets for the Ministry of Economy ...
08/13/2009Dashnaktsutiun: Armenian authorities should reconsider their surroundings
... frauds, but on the other hand the opposition should admit that most part of its supporters are the authors and the designers of these violations. The same Gagik Jangirian (former Deputy Prosecutor General – ARKA) is an engineer of an advanced machine of election irregularities, whereas today this man is speaking of justice vigorously, Hovhannisian said. Both approaches are exacerbated, he added. He also stressed that Levon Ter-Pettrosian and his surroundings are the main authors of the crime ...
02/27/2008Application fees for non-immigrant visas to increase on January 1, 2008
... can pay this difference of $31 at the consular section of the U.S. Embassy on the day of their scheduled interview. The U.S. Department of State is required by law to recover the cost of processing non-immigrant visas through the collection of the Machine-Readable Visa application fee. Because of new security-related costs, new information technology systems, and inflation, the $100 Machine-Readable Visa fee is lower than the actual cost of processing non-immigrant visas. In fact, the $100 fee ...
12/20/2007Ameriabank presents MyBusiness.am online platform at Real Business Conference
... ordered through our platform, 62% of online banking is activated through the platform, 70% of lending is done through it - these are very impressive figures,’ she said. Harutyunyan noted that Ameriabank uses online scoring mechanisms with the use of machine learning in order not to burden clients with unnecessary paperwork, which allows making a decision on loan issuance in an online format. About Ameriabank Ameriabank is a leading financial and technological institution and plays an important role ...
10/19/2024Armenia's manufacturing sector grows by 33.7% in first five months of 2024
... 10,045.8 million. Other smaller segments included: Chemical products: 0.8% share, 12% decrease, AMD 7,022.5 million. Furniture: 0.8% share, 40.1% increase, AMD 6,674.6 million. Pharmaceutical products: 0.6% share, 5.3% increase, AMD 5,024.1 million. Machinery and equipment: 0.6% share, 24% decrease, AMD 4,695.6 million. Machine repair and installation: 0.4% share, 35.7% decrease, AMD 3,396.7 million. Computers and electronics: 0.3% share, 10.8% decrease, AMD 2,609.4 million. Textiles: 0.2% share,...
07/10/2024Armenia elaborates strategy of scientific and technology development
... technological sector, and the goal is to develop and implement the mechanism of policy coordination and interconnected development of education, applied science and high-tech industry. The strategy consists of 5 directions: artificial intelligence and machine learning, microelectronics, advanced robotics, quantum technologies, as well as bio-technologies and sciences, which include both educational, scientific and industrial components. Working groups will be set up within the executive body to promote ...
03/04/2024Armenian Prime Minister emphasizes raising discipline in the army and elimination of non-statutory relations
... of the year, the organization of conscription of women aged 18-27,. On Tuesday, two officers of the Armed Forces were found dead at their combat posts. According to the Defense Ministry, contract serviceman Karen Karapetyan was fatally wounded with a machine gun. An enlisted serviceman was detained on suspicion of murder. On the same day, the body of Senior Lieutenant Mikayel Danielyan with a gunshot wound was found at the firing position. Criminal cases are underway to clarify the details of both ...
01/10/2024Top 5 events in Armenia's financial market in 2023
... Ukraine". 5) In March 2023, deep-tech startup of Armenian origin called Denovo Sciences raised another round of funding. The company researches and develops new therapeutic drugs using state-of-the-art artificial intelligence technology. The company's machine learning algorithms use computational modeling for directed search of chemical space, drug design and creation of polypharmacological molecules. The company's activities attracted a major Silicon Valley venture capital investor, Triple S Ventures,...
12/20/2023Flexopack: from zero to international market (video)
... printing on artificial films. Based on it, the printing house later acquired new equipment for production of all kinds of food packaging. The printing house has been enlarged with various printing equipment as well as with the latest flexo printing machine, thanks to which the printing house does not only multicolor flexo printing but also post-publishing work. The company does the entire work - from design development to printing, including mold making, vacuum, sealed bags and labels. Materials ...
11/13/2023Nagorno-Karabakh Defense Ministry reports continued shelling of Azerbaijani forces along the line of contact
... reported. "The Azerbaijani armed forces are also making attempts of positional advancement. The Defense Army of the Republic of Artsakh (Nagorno-Karabakh) is taking defensive measures," the ministry said, adding that the Azerbaijani propaganda machine is using large-scale information and psychological measures of pressure. "We call on Armenian media and Facebook users not to publish unspecified information and follow only official sources," the Artsakh Defense Ministry said in a statement....
09/19/2023Five Armenian producers awarded customs duty exemptions by government
... constructions plans to invest about AMD 797 million, the customs duty benefit is AMD 53 million. The company will create 40 new jobs with an average monthly salary of 200-250 thousand drams. ASCE GROUP has planned to invest 1 billion drams in the purchase of machine tools for the production of steel reinforcement and steel grinding balls. The customs duty exemption will amount to 95.5 million drams. The company will create 93 new jobs with an average monthly salary of up to 360 thousand drams. ($1 - 386.04 ...
09/14/2023Armenian Defense Minister orders subordinates to take “urgent” measures to tackle poor army discipline
... service leading to undesirable consequences and accidents and eliminate the ‘vicious patterns’. On July 26, the body of serviceman Murad Grigoryan was found near a dugout at a combat position of a military unit with a gunshot wound in the head. A machine gun attached to him was found on the ground next to him. The investigation found out that Murad Grigoryan was shot and killed by a fellow serviceman following an altercation. On August 10, serviceman Zhora Karapetyan received a gunshot wound incompatible ...
08/30/2023SRC imposes 217.1 million dram fines on taxpayers for breach of rules of using cash register machines
In July 2023, Armenia's State Revenue Committee (SRC) tracked down 774 corporate taxpayers, which violated the rules of using cash register machines. YEREVAN, August 16. /ARKA/. In July 2023, Armenia's State Revenue Committee (SRC) tracked down 774 corporate taxpayers, which violated the rules of using cash register machines. "As a result of the supervisory measures, the taxpayers ...
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