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Lake Sevan's water level rose by 22 cm in 2024 – National Weather Center
The water level in Lake Sevan as of December 30 was 1900.39 meters, which is 22 cm higher compared to the same period last year, said Levon Azizyan, director of the Hydrometeorology and Monitoring Center. YEREVAN, December 30. /ARKA/. The water level in Lake Sevan as of ...
12/30/2024Former head of Armenian Water Committee charged, placed under house arrest
Ex-chairman of Armenia's Water Committee Vahagn Gevorgyan has been charged as part of a criminal case initiated by the Anti-Corruption Committee. YEREVAN, 26 December. /ARKA/. Ex-chairman of Armenia's Water Committee Vahagn Gevorgyan has been charged as part of a criminal ...
12/26/2024Ardshinbank Finances the Construction of an Innovative Greenhouse Facility
... high-quality pepper. Our main advantage is that the greenhouses are located in the highlands of Armenia, at an altitude of 1415 meters above sea level. This provides a large number of sunny days and favorable climatic conditions, while the clean mountain water contributes to the complete nutrition of plants and significantly affects the taste of the product,” said Grigor Amirkhanyan, Executive Director of Nouveau Village. Ardshinbank is the leading bank in Armenia. It provides a wide range of universal ...
12/25/2024New water treatment plant and garbage collectors launched in Yerevan for 368 million drams
A new water treatment plant and garbage collectors have been launched in Yerevan, with the project costing 368 million drams, according to the city's mayor's office. YEREVAN, December 25. /ARKA/. A new water treatment plant and garbage collectors have ...
12/25/2024Five car washes closed in southern Armenia for water drainage violations
... Mineral Resources of Armenia, the operations of five car washes in Syunik and Vayots Dzor have been suspended. As a result of inspections, it was found that two facilities in Kapan (Syunik), owned by local individual entrepreneurs, were discharging dirty water from car washes into the Voghji River. In addition, three more individual entrepreneurs who own car washes in the Areni community (Vayots Dzor) did not have permission for wastewater drainage.
12/10/2024Catches of whitefish temporarily banned in Armenia
... kilometres, and the area of its water mirror reaches almost 1.5 thousand square kilometres. It is one of the largest high-altitude lakes in Europe and Asia, located in the heart of the Armenian Highlands, at an altitude of 1914 metres above sea level. Sevan's waters are also used for irrigation. -0- .
12/09/2024Armenian industrial output in 10 months increases by 11.7%, up to AMD 2.4 trillion
... 394.4 billion drams (8.1% decrease versus the same period of 2023), while the manufacturing industry upped by 17% ti 1.7 billion drams. Supplies of electricity, gas, steam and purified air amounted to over 278.5 billion drams (growth by 12.4%), and water supply, sewerage, waste management and recycling – to 26.5 billion drams (growth by 5.5%). The biggest share in the industrial output in January-October belongs to the manufacturing industry - 70.9%. The share of mining industry is 16.4%, that ...
12/06/2024Food products in Armenia rose by 1.7 per cent year-on-year in November
... Fruits in November rose in price by 3% over the year. Prices for vegetables increased by 8%. At the same time, sugar fell in price by 3.5% and confectionery by 2.5%. Coffee in November rose in price by 14.9% over the year. Prices for mineral or spring water, as well as bottled drinking water in November increased by 1.8% over the year. Alcoholic beverages in November rose in price by 7.4% compared to November 2023, while vodka went up in price by 10.2%, wine became cheaper by 1.3%, and beer increased ...
12/04/2024Armenian Parliament approves $200 million loan agreement with EFSD for Kajaran tunnel construction
... 50 km/h to 80 km/h. The construction is expected to take approximately 6 years. About EFSD Projects in Armenia The Eurasian Fund for Stabilization and Development (EFSD) is implementing over 10 programs in Armenia across sectors such as agriculture, water management, road construction, healthcare, energy, and state budget support (partly co-financed by the republic's authorities and other international organizations). The total value of the fund's project portfolio in Armenia is $840 million. Among ...
12/04/2024EFSD and Armenian Ministry of Territorial Administration to assess condition of flood-damaged bridges in Lori and Tavush
... flood-affected settlements of these two marzes were declared a disaster zone. About EFSD projects in Armenia The Eurasian Fund for Stabilisation and Development (EFSD) is implementing more than 10 projects in Armenia in such areas as agriculture and water management, road construction and healthcare, energy and state budget support (some of them co-financed by the authorities of the country and other international organisations). The total portfolio of the Fund's projects in Armenia totals $840 million....
12/04/2024Hayastan Fund's annual telethon raises $13.6 million in donations
... Arshamyan said today. The 27th telethon under the slogan ‘For You, Armenia’ was held on 28 November. The raised funds will be used to finance a set of strategic projects in 2023-2025 such as reconstruction and construction of drinking and irrigation water systems in border communities, construction of community health centres, placement of solar stations in schools, kindergartens and community centres in border communities, solar water heaters in homes of socially disadvantaged families in border ...
11/29/2024Drinking water prices in Armenia to remain unchanged in 2025
At a meeting on Wednesday, the Public Services Regulatory Commission of Armenia approved the water supply prices for ‘’Veolia Jur’’ CJSC subscribers for 2025. YEREVAN, November 27. /ARKA/. At a meeting on Wednesday, the Public Services Regulatory Commission of Armenia approved the water supply prices for ‘’Veolia Jur’’ CJSC ...
11/27/2024EBRD expected to approve Armenia Country Strategy in first quarter of 2025
... local SMEs. The programme aims to provide assistance to Armenian corporate issuers of bonds and equity, through tailored capacity-building and grant co-financing of issuance-related expenses. 'We look forward to delivering impact through financing key water and solid waste infrastructure, where the bank has a mandate to finance regional solid waste management facilities and number of water reservoirs. These are projects of strategic importance that will bring social, economic and environmental benefits,...
11/26/2024EBRD has invested record 2.4 billion euros in Armenia - EBRD Managing Director for Turkey and Caucasus (EXCLUSIVE)
... local SMEs. The programme aims to provide assistance to Armenian corporate issuers of bonds and equity, through tailored capacity-building and grant co-financing of issuance-related expenses. We look forward to delivering impact through financing key water and solid waste infrastructure, where the bank has a mandate to finance regional solid waste management facilities and number of water reservoirs. These are projects of strategic importance that will bring social, economic and environmental benefits....
11/26/2024Armenian Parliament considers transforming EFSD into independent structure
... section of the North-South transport corridor. Also, $200 million will be provided for the construction of the Kajaran Tunnel and $40 million for the modernisation of the country's irrigation systems. Armenia's application for the construction of a water reservoir on the Mastara River will be considered in the near future. The Eurasian Fund for Stabilisation and Development (EFSD) implements more than 10 projects in Armenia in such areas as agriculture and water management, road construction and ...
11/25/2024Pentagon allocates over $400,000 for drinking water in Armenia's Lori region
More than 5,000 residents of Armenia's Lori region have now access to clean and safe drinking water thanks to over $400,000 in funding from the Pentagon. YEREVAN, November 21. /ARKA/. More than 5,000 residents of Armenia's Lori region have now access to clean and safe drinking water thanks to over $400,000 in funding from the Pentagon. David ...
11/21/2024Armenia's GDP growth slowed to 5.2 per cent to about AMD 2.7 trillion in Q3 - official statistics
... and wholesale and retail trade, repair of motor vehicles and motorbikes - 14.2 per cent. Sectors that also showed growth compared to the third quarter of last year were manufacturing at 8.9 per cent, accommodation and food services at 7.2 per cent, water supply, sewerage and waste management at 6.4 per cent, health and social services at 5.1 per cent and administrative and related activities at 0.5 per cent. Declines were recorded in public administration and compulsory social security - 23.7%, ...
11/20/2024World Bank names drivers for doubling of industrial growth in Armenia in September
... services, excluding trade, (11.6 percent, yoy). Industrial growth doubled to 4.6 percent (yoy) in September, compared with 2.1 percent (yoy) in August, mainly due to growth in manufacturing (6.5 percent, yoy), electricity and energy (9.4 percent, yoy), and water and sanitation (7.1 percent, yoy). Mining contracted by 5.6 percent (yoy), similar to August. Cumulatively, from January to September, the Economic Activity Index grew 8.7 percent (yoy). -0-
11/20/2024Armenian Jermuk Group to invest almost AMD 10bn in import of equipment and machinery
The Armenian government at a meeting on Friday exempted mineral water production company Jermuk Group from paying customs duty on imported equipment. YEREVAN, 15 November. /ARKA/. The Armenian government at a meeting on Friday exempted mineral water production company Jermuk Group from paying customs duty on imported ...
11/15/2024ADB explores special economic zone in Gyumri
... Since the start of its cooperation with Armenia in 2005, ADB has invested $1.9 billion in the country's economy, making it one of the largest multilateral development partners of the Republic. These investments include projects in transport, energy, water supply, and urban infrastructure. In the private sector, ADB supports utilities, infrastructure, financial institutions, and agribusiness. As Don Lambert, Director of the Asian Development Bank's Permanent Mission to Armenia, previously stated ...
11/15/2024EIB ready to continue partnership in implementation of Armenian government's priority projects - Vice-President
... Minister Nikol Pashinyan in Yerevan today. Pashinyan was said to underscore the importance of the effective cooperation between the government and the EIB, including in such areas as road construction, infrastructure development, energy, as well as water economy and others, the government press service reported. The sides highlighted the implementation of the North-South road project, Yerevan's energy efficiency improvement and other projects. The sides also exchanged views on the possibilities ...
11/14/2024$9bn investment can help Armenia decarbonise economy and improve energy security - WB report
... growth drivers and quality jobs. Faster decarbonization can strengthen Armenia’s energy independence while lowering the cost of energy to the economy,” said Carolin Geginat, World Bank Country Manager for Armenia. Armenia also faces a high level of water stress, with over-extraction in areas like the Ararat Valley and Lake Sevan threatening both agriculture and drinking supplies. In addition, transboundary water flows, which account for up to 35% of Armenia’s water source, are declining due to climate change and intensified human activities, such as dam construction and ...
11/08/2024Armenia’s industrial output increases by 12.6% in 9 months to 2.1 trillion drams
... billion drams (a 7.8% decrease compared to the same period of 2023), and the manufacturing industry upped to about 1.5 trillion drams (an 18.9% increase). Supply of electricity, gas, steam and purified air grew by 11.5% to about 252 billion drams, while water supply, sewerage, waste management and recycling to 23.7 billion drams (up by 5.7%). The biggest share in the industrial output was provided by the manufacturing sector - 70.4%. The share of mining industry and open pit operation is 16.6%, that ...
11/06/2024Armenia to tighten control over trout catch from Sevan
... control over the catch of ishkhan (trout) in Lake Sevan. Deputy Minister of Environment Ara Mkrtchyan said annual catch volume should be determined based on regular assessments of existing stocks, conducted twice a year -in November and June. Lake Sevan is the main source of drinking water in the region, one of the largest high-altitude lakes in Europe and Asia, located in the very heart of the Armenian Highlands at an altitude of 1914 meters. Its water surface area is almost 1,500 square kilometers. The only river flowing out of ...
11/06/2024Armenia's foreign trade turnover slows to $23.7 billion in 9 months; major trade partners are Russia, UAE, and China
... of precious and semi-precious stones, precious metals and products - $6.2 billion(a 6.1-fold increase), machinery, equipment, and mechanisms - about $2 billion (a 3.7% increase), mining industry products - $797.1 million (a 3.3% decrease), land, air, and water transport vehicles - $686.2 million (a 52.6% decrease), and finished food industry products - $516 million(a 16% increase). -0-
11/06/2024Vedi reservoir to be completed in 2025, final work to cost 1.7 billion drams
... reservoir, uninterrupted irrigation will be ensured for about 3,220 hectares of land with 5,000 beneficiaries. By switching from mechanical to gravity irrigation, approximately 19 million kWh of electricity will be saved per year, and the need to take water from Lake Sevan for irrigation purposes will be reduced by 18 million cubic meters.-0-
11/05/2024Pashinyan believes that Armenian 'cognac' should be called brandy, not cognac
... their products without noticing the sneers from the outside. To give an example, Pashinyan cited a common phrase that 'there is no ‘jermuk’ in Dilijan (Dilijan and Jermuk are the names of resort towns in Armenia, ‘jermuk’ is a famous mineral water from the springs of the same name near the town of Jermuk. Sometimes, by analogy, mineral water of other local brands are also called "jermuk". Pashinyan said that this problem concerns, first of all, the ministries of education and economy....
10/31/2024Cyclone brings snow to Armenia, river levels to rise
... the Center said. It is noted that on October 17-19, the air temperature throughout the country will gradually decrease by approximately 6-9 degrees Celsius. "Due to heavy precipitation on October 17-18, a significant increase in the volume of water flow in the Aghstev, Debed, Hrazdan, Kasakh, Azat and Vedi rivers and the Sevan basin is expected," the report says. -0-
10/17/2024Heavy rains, drop in air temperature by 6-9 degrees expected in Armenia
... and on the night of October 18. The air temperature on October 17-19 will gradually decrease about 6-9 degrees Celsius compared to today," Armenian National Weather Center reports. Due to the rains on October 17-18, a significant increase in the water level is expected in most rivers in Armenia. -0-
10/15/2024Armenia toughens sanctions for power and water supply disruptions
The Public Services Regulatory Commission (PSRC) of Armenia has approved new rules on compensation for frequent power cuts and water supply interruptions. YEREVAN, 9 October. /ARKA/. The Public Services Regulatory Commission (PSRC) of Armenia has approved new rules on compensation for frequent power cuts and water supply interruptions. According to the decision, in case of ...
10/09/2024Tatoyan speaks about environmental crimes of Azerbaijan in the occupied lands of Armenia
... residents of Nerqin Hand – more than 10 thousand cut down trees in the Shikahokh state reserve and military roads being built for tens of kilometers, numerous mines placed (both at two Azerbaijani positions), deprivation of residents of access to drinking water, the presence of armed posts in close proximity to civilian homes and other facts,” Tatoyan said. -0-
10/09/2024Volume of industrial production in Armenia increased by 13.7% in 8 months, to 1.9 trillion drams
... 2023), and in the manufacturing industry - 1,319,573.0 million drams (an increase of 20.7%). The volume in the sphere of electricity, gas, steam and purified air supplies amounted to 227,481.6 million drams (an increase of 11.7%), and in the sphere of water supply, sewerage, waste management and recycling – 20,852.5 million drams (an increase of 5.5%). The largest share in the structure of industrial production for January-August falls to the share of the manufacturing industry - 70.3%. The share ...
10/07/2024Armenian and French prime ministers state the importance of developing co-operation
... in Armenia. According to the Prime Minister, the Armenian side expects the participation of French companies and investors, particularly in the implementation of projects in the fields of infrastructure, nuclear and renewable energy, agriculture and water management. The Prime Ministers of Armenia and France also greatly emphasized the holding of the second conference "Ambitions Arménie-France", which can become a unique tool for promoting multi-sectoral cooperation. The interlocutors ...
10/04/2024Armenian authorities allocate more than $2.5 million to pay for utilities of residents of border villages in 2025
... settlements, including two cities - Berd and Chambarak. They will be compensated for property taxes, in particular, lands, which may come under fire from the Azerbaijani side, as well as 50% of the costs of paying bills for gas, electricity and irrigation water. -0-
09/26/2024Armenia represented for the first time at the Future Green City global conference in Utrecht
The global conference ‘Future Green City’, which brings together construction, landscape design, infrastructure and water resources specialists, is taking place in Utrecht, the Netherlands, from 23 to 26 September. YEREVAN, 26 September. /ARKA/. The global conference ‘Future Green City’, which brings together construction, landscape design, infrastructure and ...
09/26/2024Armenians left $100bn worth of property after exodus from Artsakh.
... villages with 13,550 private houses. Of these, 30 per cent are houses built in the 18th century,' Sargsyan said at a conference convened on the occasion of the year without Artsakh (. According to him, Nagorno Karabakh also has 60 plants, 15 factories, 4 water reservoirs, 5 canals, 37 hydroelectric power plants, 48 mines, 11 hospitals, 230 medical stations, 1 airport, 9 cultural centres, 200 culture houses, 25 museums, 156 libraries, 4 universities, 7 colleges, 232 schools, 232 gyms, 11 sports schools,...
09/18/2024Yerevan City Hall admits that the city's drainage system is imperfect and requires renovation
... city’s drainage system, saying it requires major reconstruction. "Heavy rains on September 13 flooded many parts of the city, this time underground passages, transport hubs and tunnels, the streets... This phenomenon once again showed that the (water drainage) system is imperfect; it is built with omissions and is in need of serious reconstruction," said Mayoral Advisor Kamo Areyan at a working meeting on Monday. According to him, the entire territory of the city has been inventoried, and ...
09/16/2024French Foreign Minister visited Vedi reservoir, built in Armenia with funds from French Development Agency
... reservoir, uninterrupted irrigation of about 3,220 hectares of land with 5,000 beneficiaries will be ensured. Thanks to the transition from mechanical irrigation to gravity, about 19 million kWh of electricity will be saved per year, and the need to take water from Lake Sevan for irrigation purposes will be reduced by 18 million cubic meters.
09/16/2024Armenia's industrial output rises by 15.7% in first seven months of 2024
... year-on-year. Meanwhile, the manufacturing sector saw a 23.6% increase, producing 1.15 trillion drams in the first seven months. The energy supply, gas, steam, and air conditioning sectors reported an output of 198.5 billion drams, up by 13%, while the water supply, sewerage, waste management, and remediation sectors produced 17.9 billion drams, growing by 5.6%. Manufacturing accounted for the largest share of industrial output at 70.5%, followed by mining and quarrying at 16.3%, energy-related industries ...
09/06/2024Armenia's foreign trade nearly doubles in 7 months to $20.4 billion
... imports were precious and semi-precious stones, precious metals and items -$6.4 billion (an increase of 9.1 times), machinery, equipment and mechanisms - $1.5 billion (an increase of 4.1%), mining industry - $613 million (a decrease of 4%), land, air and water transport vehicles - $518.8 million (a decrease of 55.7%).-0-
09/05/2024Saving a large amount of money: mission achievable
... keep a spending diary. It will reflect an objective picture and detect pointless subscription services and unnecessary purchases. Refusing them, you will be able to direct the funds to savings. Change your household habits. For example, saving water and electricity, making a list and tracking discounts will help you cut costs. Using the possibilities of your bank cards Often, customers are offered additional benefits, such as interest refunds, discounts on certain categories of goods or bonuses ...
09/04/2024Pashinyan: Vedi Reservoir almost complete, will irrigate over 3,200 hectares in Armenia
Once operational, the reservoir will reduce the need for water extraction from Lake Sevan YEREVAN, August 22. /ARKA/. The Vedi Reservoir project, valued at €90 million, is set to be completed this year, Armenian Prime Minister Nikol Pashinyan announced on Thursday. "The reservoir will have a capacity of 29 million cubic meters ...
08/22/2024Armenia's GDP grows by 6.4% in Q2 2024
... sectors that experienced growth compared to the same quarter last year included accommodation and food service activities (9.8%), administrative and support service activities (8.9%), manufacturing (8.6%), activities of households as employers (7.5%), water supply, sewerage, waste management, and remediation activities (7.2%), agriculture, forestry, and fishing (5.2%), education (2.2%), and arts, entertainment, and recreation (0.6%). However, declines were recorded in several industries, including ...
08/20/2024Armenia’s Green Rock to participate in Future Green City Congress in Utrecht
... Netherlands. The FGC Congress is an initiative of the Royal Association of Stadswerk in the Netherlands and the Royal Dutch Association of Landscape and Horticultural Engineers (VHG). The congress combines construction, landscaping, infrastructure, and water management, with the integration of these four components being essential to creating the city of the future. This year, the congress will feature over 400 speakers from around the world, addressing seven key themes related to pressing social issues ...
08/20/2024Armenia plans to invest up to 30 billion drams in the creation of new FEZ
... sustainable economic development. The program envisages the construction of a ski resort area that will meet high regional standards. The total investment in the construction of ski slopes, entertainment centers (toboggan, tubing, magic carpet, zipline, water attractions) and the acquisition of an artificial snow production system is estimated at about 30 billion drams. According to the program, in addition to the basic infrastructure, a cable car, three hotels, a restaurant, a skating rink, a children's ...
08/15/2024Armenia's industrial output grows by 18.2% in H1 2024
... compared to the same period in 2023. In the manufacturing industry, production volume reached 1,000,827.2 million drams, an increase of 27.7%. The electricity, gas, and steam sector recorded a volume of 172,469.8 million drams, a 13% rise, while the water supply, sewerage, waste management, and remediation activities sector amounted to 14,934.3 million drams, a growth of 5.3%.
08/07/2024Armenia receives humanitarian aid worth $68.3m in H1 2024
.... The largest category of humanitarian aid received by Armenia consisted of plastics and rubber products, totaling 410.8 tons valued at $380,200. Textiles were the second-largest category, with 134.3 tons worth $1,865,800, followed by land, air, and water transport vehicles, amounting to 88.2 tons valued at $5,734,000.
08/07/2024Armenia's foreign trade doubles in first half of 2024 to over $18.4bn.
... States -$201.3 million, down 58.5%. The bulk of imports were precious and semi-precious stones - $6 billion, 9.4 times growth, machinery, equipment and mechanisms - $1.2 billion, 0.6% growth, mining industry - $515 million, 5.6% decline, land, air and water vehicles - $432 million, down 57.8%, products of chemical and related industries - $388 million, up 21.6%, textiles and textile products - $309.7 million, up 7.8%, finished food products - $299 million, up 3.1% and non-precious metals and articles ...
08/06/2024Landlocked Armenia must make the best use of human resources - ADB head in Armenia (exclusive)
... countries in the Asia-Pacific region to overcome these challenges. ARKA - Obviously Armenia is aware of these challenges and is actively incorporating the environmental component into economic development. In particular, solar energy is being developed and water conservation projects are being implemented. Is ADB going to take steps to help Armenia implement these projects, and what is the budget planned for this? D. Lambert - ADB assists Armenia in various directions. First of all, we are talking about ...
08/01/2024Acba Bank promotes energy efficiency in Armenia
... within the framework of the energy efficiency exhibition organized by the Association for International Cooperation of German Savings Banks in Ijevan, as reported by the bank's press service. As part of the energy efficiency exhibition, Armenian-made water heaters, electric boilers, heated floors and other energy-efficient and "green solar" products were presented. "We are happy that Acba Bank has joined this event. Armenia has so much sun that it can make serious progress in the field ...
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