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Unmanned "aerial agriculturalists" help develop Armenia's economy (video)
The Sky Agro Company is the first in Armenia to start using unmanned aerial vehicles or agro-drones in agriculture. YEREVAN, November 7. /ARKA/. The Sky Agro Company is the first in Armenia to start using unmanned aerial vehicles or agro-drones in agriculture. Compared to traditional ...
11/07/2023VTB Bank (Armenia) offers improved terms for agro loans
As part of its policy to support Armenia's agriculture, VTB Bank (Armenia) has improved the terms of financing agricultural loans. YEREVAN, December 16. / ARKA /. As part of its policy to support Armenia's agriculture, VTB Bank (Armenia) has improved the terms of financing agricultural ...
12/16/2020UNDP, Armenian government launch agro-tourism project
The UNDP in Armenia and Armenia’s government have launched today a $3 million worth project designed to enhance development of agro-tourism ... ... opportunity for the development of agro-tourism. He then thanked the governments of Armenia and Russia for their partnership aimed at supporting rural communities in Armenia. Armenian Territorial Administration Minister David Lokyan said this is the second such ...
09/07/2016VTB bank (Armenia) financed construction of progress agro hothouse in Geghi
VTB Bank (Armenia) said today it had financed the construction of ‘Progress Agro’ hothouse in the village of Geghi in Kotayk region for growing cucumbers the opening of which was attended last week by president Serzh Sargsyan. YEREVAN, May 18. / ARKA ...
05/18/2015Unique agro-industrial complex Yeremyan Projects established with financial support of EDB in Armenian Tashir
The official opening of Yeremyan Projects, the first world-class agro-industrial complex in Armenia's Tashir community in Lori province was held on October 28. YEREVAN, October 30. /ARKA/. The official opening of ... ... plant for processing dairy and meat products is being completed in Yerevan. The investment program is being implemented with the support of the Government of Armenia, which partially subsidized the costs. --0--
10/30/2023Armenian ministry of agriculture to assist UNIDO in agro-processing project
Armenian ministry of agriculture is ready to provide substantial support to UN Industrial Development Organization (UNIDO) in a technical assistance project aimed at strengthening various value chains in agro-processing, the press service of the ministry of agriculture reported. YEREVAN, February 5. /ARKA/. Armenian ...
02/05/2013Armenia’s financial system one of best developed in the commonwealth
... of Eurasian Development Bank (EDB) Yerevan office Sergey IGNATOV to ARKA Agency ARKA: What are EDB’s projections of Armenia’s macroeconomic development for 2013 bearing in mind the current global economic situation and WB’s and IMF’s global ... ... authorities are persistent and apply to a systematic approach to export development. The authorities should foster export boost supporting exporters, creating for them an appropriate institutional environment (business environment, transport infrastructure,...
03/06/2013Agro-food commodity turnover between Armenia and Russia grew to over $900 million in 2021
The agro-food commodity turnover between Armenia and Russia in 2020 amounted to $753.8 million, growing by almost 20% in 2021 to $903.1 million, Armenian Economy Minister Vahan Kerobyan said on Thursday during a meeting with Russian Minister of Agriculture Dmitry Patrushev in Moscow. YEREVAN,...
04/15/2022YEREVAN MUNICIPALITY DECLARES INVALID AGREEMENT ON LEASING AREA IN BOTANICAL GARDENS
Yerevan Municipality declared invalid the agreement on leasing area in the Botanical Gardens to the NGO “Armenian Association of Agro-ecologists”, said Deputy Director of the Botanical Gardens Gohar Oganesova. YEREVAN, June 25. /ARKA/. Yerevan Municipality declared invalid the agreement on leasing area in the Botanical Gardens to the NGO “Armenian ...
06/26/2007VTB Bank (Armenia) provides express agro loans as part of government-designed program
VTB Bank (Armenia), a leading Armenia-based commercial bank in terms of financing government-designed programs, continues to actively participate in the initiatives of the government, worked out to help enhance the economic development of the country, including through support for agriculture, the bank said in a press release today. YEREVAN, May 21. /ARKA/. VTB Bank (Armenia), a leading Armenia-based commercial bank in terms of financing government-designed programs, continues to actively participate in the initiatives ...
05/21/2021Hessen land of Germany to host a forum on Armenian agriculture
An international forum on Armenia’s agro sector is to be held in Land Hessen, Germany, the press office of Armenian ministry of agriculture reported. YEREVAN, April 8. /ARKA/. An international forum on Armenia’s agro sector is to be held in Land Hessen, Germany, the ...
04/08/2013Some AMD 3 billion leasing contracts concluded in Armenia's agro sector in 2023
The total amount of leasing contracts concluded in Armenia's agro sector in 2023 amounted to AMD 3 billion, while the active portfolio is estimated at AMD 15 billion, according to the Ministry of Economy. YEREVAN, December 22. /ARKA/. The total amount of leasing contracts concluded in Armenia's agro ...
12/22/2023Investments in Armenia's greenhouses bear fruit
... /ARKA/. Growing strawberries and raspberries might seem like an endeavor that’s far removed from the realm of politics. But in Armenia, one of the first countries to privatize land after the collapse of the Soviet Union, the fledgling market economy has ... ... implemented by IFC, to prepare the ground for the greenhouse sector’s expansion. The project, implemented by IFC, has been supported by the Facility for Investment Climate Advisory Services (FIAS), funded by Austria’s Ministry of Finance. IFC’s ...
09/09/2019Grapes and apricots safe: Armenia adopts program of subsidizing agro-insurance
The Armenian government at a session on Thursday adopted a decision introducing a system of subsidizing agro-insurance for 13 types of crops against four types of risks - spring frost, drought, hail and fire YEREVAN, March 13. /ARKA/. The Armenian government ...
03/13/2025Armenia's Economy Ministry and 4 companies signs agreements on AMD 17 bln investment
The Armenian government represented by the Ministry of Economy signed agreements with UM Agro, Agropro, Europlast 999 and GNC-Alfa companies as part of "Infrastructure in Exchange for Investments" program. YEREVAN, January 12. /ARKA/. The Armenian government represented by the Ministry of Economy signed agreements with ...
01/12/2024EEU countries are 93% self-sufficient in food - head of agro-industrial policy department
... basic foods. Thus, self-sufficiency in grains, vegetable oils and meat products is well over 100%. Regarding dairy products, sugar and vegetables the figure is over 95%. However, when it comes to fruits and berries, the figure is below 50%, except for Armenia and Kyrgyzstan, which are self-sufficient and export these types of products to other EEU member countries. According to Baigot, the agricultural output in the EEU grew by 9.4% in 2022. In Russia, the growth was over 10% and in Belarus - 3.6%....
05/15/2023EAEU allocates 1.8 billion rubles to subsidize cooperation projects in 2024 – Barseghyan
In 2024, the EAEU plans to allocate 1.8 billion rubles to subsidize cooperation projects, and 3.4 billion rubles in 2025, said Gohar Barseghyan, member of the board (Minister) for Industry and Agro-Industrial Complex of the EEC. YEREVAN, September 30/ARKA/. In 2024, the EAEU plans to allocate 1.8 billion rubles to subsidize cooperation projects, and 3.4 billion rubles in 2025, said Gohar Barseghyan, member of the board (Minister) for Industry and Agro-Industrial Complex of the EEC. "Our...
09/30/2024Agro-Shirak fair to take place in Gyumri
The sixth agricultural AGRO Shirak EXPO will be kicked off on September 16 in Armenia’s second largest town of Gyumri, the administrative center of the northwestern province of Shirak. YEREVAN, September 15, /ARKA/. The sixth agricultural AGRO Shirak EXPO will be kicked off on September 16 in Armenia’s second largest ...
09/15/2009Armenian government to provide infrastructural support to two agricultural investors
... support to two companies implementing investment projects in the agriculture sector. YEREVAN, July 20. /ARKA/. The Armenian government decided today to provide infrastructural support to two companies implementing investment projects in the agriculture sector. Economy Minister Vahan Kerobyan noted that ... ... 500mln, the additional assistance will amount to 10% of the investment exceeding 500mln. Kerobyan said one of the companies, UM Agro, will invest 257.4 million drams in the establishment of an intensive almond orchard and a large farm on 2,088 hectares ...
07/20/2023Armenian agriculture needs benefits, not protectionism
Marketing is the major problem of Armenian farmers, regardless of the government's reforms and efforts to help resolve it, the co-chairperson of the Agricultural ... ... constant stress and frustration farmers experience during that period influence their planning for the next years, therefore, supporting them to market their produces is a key factor in the development of agriculture. She said a simplified taxation will ...
04/11/2018Armenia's industrial potential has considerable development prospects in EEU - Pashinyan
Armenia's industrial potential, including jewellery and pharmaceutical industries, as well as agro-processing, has considerable ... ... Intergovernmental Council in Moscow today. According to him, Armenia is highlighting the possibilities of provided by the financial support mechanism for co-operation projects. He said this is being done for enterprises in Armenia to participate in them. ‘The ...
12/13/2024VTB Bank (Armenia) provides financing to Yerevan Factory of Sparkling Wines
VTB Bank (Armenia) began cooperation with the Yerevan Factory of Sparkling Wines in December 2020 as part of a government program designed to subsidize interest rates on loans provided to economic entities engaged in the agro-processing sector, providing it with ...
01/21/2021Ameriabank acted as main financial partner of new dairy plant of Spayka company
... The cost of the plant’s investment program is $15 million. It has created 120 new jobs. Spayka used Ameriabank’s financial support for its greenhouses and for the construction of the plant. In the near future, the bank will also assist the company in ... ... in the production of packages, including boxes and pallets from foamed polystyrene. It is the leading agricultural holding in Armenia, dealing with multifunctional agricultural production. Ameriabank is a dynamically developing bank in Armenia, one of ...
03/27/2019Iran’s ambassador believes in greater potential for agro cooperation with Armenia
Armenia and Iran have greater potential for cooperation in agriculture, Iran’s ambassador to Armenia Mohammad Reisi said at his meeting with Armenian minister of agriculture Sergo Karapetyan, as reported by the ministry press office Wednesday. YEREVAN,...
08/01/2013Eurasian integration is very attractive for Armenia
In an exclusive interview with ARKA news agency Viktor Spassky, the director of the Integration Development Department of the Eurasian Economic Commission, speaks about Armenia’s Eurasian integration process, economic advantages and risks stemming from its decision to join the Customs Union and to refuse to initial an association and deep and comprehensive free trade area agreements with the EU. In an exclusive ...
12/03/2013Agro-sector and investments: Armenia and China discuss strengthening trade and economic ties
Armenian-Chinese trade and economic relations were discussed by Armenian Deputy Minister of Economy Tatevik Sargsyan and the delegation of China's Ministry of Commerce at a meeting held yesterday at the Armenian Ministry of Economy. YEREVAN, December ...
12/12/2024Fruitfull Armenia’s Eighth Agro-Forum on viticulture and winemaking opens in Yerevan
Fruitfull Armenia’s Eighth Annual Agricultural Forum “Prospects for development of viticulture and winemaking in Armenia” is kicked off in Yerevan. YEREVAN, October 4. /ARKA/. Fruitfull Armenia’s Eighth Annual Agricultural Forum “Prospects for ...
10/04/2012Armenia and Ukraine maintain friendship from ancient times
Ukraine celebrated its Independence Day on August 24. Ukraine’s Ambassador to Armenia Ivan Kukhta spoke about the current Armenian-Ukrainian cooperation in the interview with ARKA news agency. Ukraine ... ... Organization in early conflict detection and reaction to new security challenges and threats. In general, Ukraine will continue supporting efforts in controlling weapons in Europe, and non-proliferation of weapons of mass destruction. As of Nagorno-Karabakh ...
08/28/2012Armenia’s ministry of agriculture pins its hopes on cooperation with Rostselmash
Armenian ministry of agriculture have high expectations of cooperation with Russian Rostselmash, head of the ministry Sergo Karapetyan said at his meeting with Russia’s ambassador to Armenia Ivan Volinkin Friday. YEREVAN, August 5. /ARKA/. Armenian ...
08/05/2013Armenian agriculture minister says agro sector will post 8-9% growth in year’s out
Growth in agricultural sector may reach 8-9% in Armenia this year, Minister of Agriculture Sergo Karapetyan told the journalists on Thursday. YEREVAN, July 26. /ARKA/. Growth in agricultural sector may reach 8-9% in Armenia this year, Minister of Agriculture Sergo Karapetyan told the journalists ...
07/26/2012Armenia has 160 companies with French capital-fm Nalbandian
There are 160 companies with French capital operating in Armenia in banking, telecommunications, agro-industrial spheres, Armenian Foreign Minister Edward Nalbandian said Tuesday at the meeting with his French counterpart Laurent Fabius. YEREVAN, July 25./ARKA/. There are 160 companies with French capital ...
07/25/2012Armenia is ahead of all EAEU countries in terms of growth rates of manufacturing industry
Member of the Board (Minister) for Industry and Agro-Industrial Complex of the Eurasian Economic Commission Gohar Barseghyan stated that Armenia is ahead of all EAEU countries in terms of growth rates of the manufacturing industry. YEREVAN, September 30/ARKA/. Member of the Board (Minister) for Industry and Agro-Industrial Complex of the Eurasian Economic Commission Gohar Barseghyan ...
09/30/2024French Hauts-de-Seine department ready to assist flood-hit Tavush region of Armenia
At a meeting with Armenian Prime Minister Nikol Pashinyan on Monday, Chairman of the Council of the French Hauts-de-Seine department Georges Siffredi expressed words of support in connection with the situation caused by floods in Lori and Tavush marzes, adding that the French Hauts-de-Seine department, which has partnership relations with Tavush marz, is ready to provide the latter with the necessary support. ...
05/27/2024Armenian president urges Chinese company to start agro processing business in Armenia
Armenian president Armen Sarkissian received today the head of the Chinese Chen and Agrotechnology Co.LTD company Ling Siemin urging him to launch agricultural products processing business in Armenia. YEREVAN, April 13. /ARKA/. Armenian president ...
04/13/2018Dairy products plant with a capacity of 150,000 litres per day opens in Yerevan
... construction of the plant started within the framework of a large investment project after the government, the Eurasian Development Bank (EDB) and Yeremyan Projects signed a cooperation agreement to ensure food security and sustainable economic development of Armenia's agro-industrial sector. The plant includes 2 hectares of production areas: 2,500 square metres of warehouses, 1,000 square metres of refrigerated warehouses, 6,000 square metres of milk production workshop, laboratories and a research centre....
05/24/2024Fly larvae found in pickled cucumbers in Armenia
The state food safety agency, following the information published in media resources about the worms found in Lutik pickled cucumbers of India's Bnazrum Agro Exports (P) Ltd., visited Kaiser Supermarket, 23/6 Margaryan Street, from which the complainant has bought a tin with the mentioned product, cut cucumbers from the three tins chosen in random, but saw nothing suspicious in them. YEREVAN,...
02/23/2018EEU member states have great potential to boost production of agro products- EEC head says
... goods produced by EEU member countries are recognizable on the market, and the fact that the agriculture of these states is developing at a very high rate indicates broad opportunities for increasing supplies. The Eurasian Economic Union is comprised of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia. -0-
06/01/2017Landlocked Armenia must make the best use of human resources - ADB head in Armenia (exclusive)
... allocates considerable funds to the countries of its presence to combat climate change in order to ensure sustainable development. Armenia is not an exception in this context. In an interview with ARKA news agency, Don Lambert, Country Director for ADB's Armenia ... ... upper income country. In this regard, we have in mind both projects aimed at health and education, as well as projects aimed at supporting the improvement and reform of public administration. The third is climate change. Global temperatures are rising. This ...
08/01/2024Russia to supply more than 1.5 million doses of FMD vaccine to Armenia
Armenia and Russia with the support of the Russian Export Centre (REC) have signed a contract on supplying Armenia with 1.75 million doses of foot and mouth disease (FMD) vaccine, Vigen Yenokyan, head of REC's representative office in Armenia, told Tass news agency. YEREVAN,...
12/23/2024Armenian government provided 9 billion drams in 2020 to support leasing program
The Armenian government provided 9 billion drams in 2020 within the framework of the program of state support of leasing of agricultural machinery, Prime Minister Nikol Pashinyan said at a government meeting on Thursday. YEREVAN, February 11. /ARKA/. The Armenian government provided 9 billion drams in 2020 within the framework of the program of state ...
02/11/2021Armenia and WB plan to implement agriculture reform
Armenia’s Economy Minister Gevorg Papoyan and Carolin Geginat, Worlld Bank Country Manager for Armenia, discussed today the ... ... development in Armenia. According to the press service of the ministry, the implementation of the program is planned with the support of the WB. The preliminary term of the project implementation is 2025-2030. The program, in particular, will help reorient ...
04/12/2024WB approves US$55 million loan for Armenia’s local economy development project
... Executive Directors approved today a US$55 million loan for the Local Economy and Infrastructure Development Project (LEIDP) for Armenia to improve infrastructure services and institutional capacity for increased tourism contribution to the local economy ... ... the Development Foundation of Armenia (DFA), the Ministry of Economy (MoE), responsible for overall coordination and policy support of the Project, the Historical and Culture Heritage Protection Agency (HCHPA), and the Armenia Territorial Development ...
12/23/2015More than 30 companies will take part in EXPO-Russia Armenia in Yerevan
Over 30 companies will take part in the 9th EXPO- Russia Armenia, scheduled for October 5-7 in Yerevan, Svetlana Zabelina, head of exhibition projects at Russian Zarubezh Expo, said at ... ... important that the countries maintain the current degree of their dialogue. According to her, exhibitions of this kind are a support base and a platform for creating and finding new projects and partners. Anatoly Nikolayev, director for international ...
10/03/2022Armenia may increase exports of brandy and meat products to Russia
Armenia may increase exports of brandy and meat products to Russia to ensure not only sustainable, but also accelerated economic ... ... journalists designed to improve their skills organized by Russian RIA Novosti news agency and North-South think-tank with the support of Novosti-Armenia news agency. -0-
01/24/2013Heifer International Armenia presents program to promote innovative rural tourism in Black Sea basin region
Heifer International Armenia presented today an international program designed to promote innovative rural tourism in the Black Sea basin region. ... ... international program designed to promote innovative rural tourism in the Black Sea basin region. The 700,000 euro worth project supported by the European Union embraces Armenia, Georgia, Turkey and Bulgaria. The program that started in November 2013 will ...
02/27/2014PROPARCO French company allocates $15mln to Ameriabank to support agro enterprises
PROPARCO French financial company, which promotes private investment in developing countries, and Armenia-based Ameriabank signed a $15-million loan agreement on Thursday. YEREVAN, April 18. /ARKA/. PROPARCO French financial ... ... He expressed his hopes that the company will succeed in maintaining a long-term cooperation with Ameriabank and will continue supporting different projects in Armenia. Artak Anesyan, on his side, noted the funds will be aimed at supporting small and medium-size ...
04/18/2013BSTDB plans to double its financing to Armenian projects by 2015
The Black Sea Trade and Development Bank (BSTDB) has financed 12 projects in Armenia, totaling EUR 50 million and plans to double this figure by 2015, BSTDB President, Andrei Kondakov, told a news conference ... ... its economy," he added. The Black Sea Trade and Development Bank is an international financial institution established to support regional development and cooperation in the Black Sea region. The objectives of the bank are the development of trade ...
06/21/2012Former finance minister calls Armenian authorities' policy of confrontation with Russia 'ignorant'
Armenian authorities’ policy of confrontation with Russia is ignorant, says former finance minister Vardan Aramyan. YEREVAN, October 6. /ARKA/. Armenian authorities’ policy of confrontation with Russia is ignorant, says former finance minister ...
10/06/2023Eurasian Development Bank ready to invest $100 million in Armenia projects
The Eurasian Development Bank (EDB) is ready to release $100 million in fresh loans to finance a number of infrastructure projects in Armenia's energy and transport sectors in 2023-2024. ALMATY (KAZAKHSTAN), May 15. /ARKA/. The Eurasian Development Bank (EDB) is ready to release $100 million in fresh loans to finance a number of infrastructure projects in Armenia's energy and transport ...
05/15/2023Six scenarios of recovering Armenia's post-war economy presented by parties and blocs running in June 20 snap polls
Representatives of six political parties and blocs, running in the early parliamentary elections slated for June 20, presented their models of the economic recovery after the war in Artsakh as they spoke at a discussion organized by the Public Television of Armenia. YEREVAN, June 15. /ARKA/. Representatives of six political parties and blocs, running in the early parliamentary elections slated for June 20, presented their models of the economic recovery after the war in Artsakh as they spoke at a discussion ...
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