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Armenia to receive €12.9 million from European Commission for nuclear safety enhancement

Armenia will receive financial assistance of 12.9 million euros from the European Commission to enhance nuclear safety. YEREVAN, November 28. /ARKA/. Armenia will receive financial assistance of 12.9 million euros from the European Commission ... ... being studied. The Armenian side is already reviewing a preliminary feasibility study for the construction of a new 1200 MW unit, developed by the ‘’Rosatom’’ state corporation. Earlier, Kirill Komarov, First Deputy Director General of ‘’Rosatom’’,...

11/28/2024


Armenian defense ministry reports serviceman's death

The Ministry of Defense of Armenia reports the death of a serviceman. YEREVAN, November 14. /ARKA/. The Ministry of Defense of Armenia reports the death ... ... "On November 13, at approximately 9:00 AM, the body of serviceman Narek Khachaturovich Grigoryan from the N-th military unit of the Ministry of Defense was found," the ministry said in a statement. It is noted that an investigation is underway ...

11/14/2024


Ameriabank presents MyBusiness.am online platform at Real Business Conference

... Yerevan on 18-19 October, Ameriabank presented MyBusiness.am online platform created for business clients. 'This is another opportunity to meet with the business community, with our business partners, and also an opportunity to present our business platform ... ... economies of the countries. He pointed out that in developed countries the share of SMEs in GDP is 50-60 per cent, while in Armenia this indicator is growing year by year, but still stands at the level of 25 per cent. As for MyBusiness.am platform, ...

10/19/2024


Maragos spoke about four EU programs implemented at Armenian Nuclear Power Plant worth 11 million euros

The head of the EU Delegation to Armenia Vasilis Maragas spoke about four 11 million euros worth projects, which are ... ... "These projects are funded under the European Instrument for International Nuclear Safety Cooperation in (INSC)," said Maragos at the 10th technical meeting on coordination... ... 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively...

10/18/2024


Deputy Defense Minister names reasons for non-combat deaths in the army

The number of non-combat deaths in the Armenian army has decreased, Deputy Defense Minister Arman Sargsyan said on Thursday. YEREVAN, October 17. /ARKA/. The number ... ... that the overwhelming majority of the above-mentioned deaths are not directly related to what happened in a particular military unit. The deputy defense minister also reported that this year, compared to last year, the number of deaths in the army ghas decreased....

10/17/2024


"Green Portfolio": ethical and profitable investment

... innovations in this field are solid-state batteries, which are characterised by increased safety and alternative chemical composition. Developments in the modernisation of power... ... designed to finance green projects; - invest in a green company token. This is a digital unit that replaces securities and similarly captures the investor's right to a share... ... framework of the joint project ‘Year of Investing in Oneself’ by ARKA and AMI Novosti-Armenia news agencies and Freedom Broker Armenia .

10/02/2024


In 2024, over AMD 1 billion of illegal property confiscated in favour of Armenia

Five units of immovable and two units of movable property of illegal origin with a total market value of about AMD 1 billion and 123 million were confiscated in favour of the state by three decisions of the Anti-Corruption Court of Armenia in 2024, Srbuhi Galyan, representative of the General Prosecutor's Office, said.   YEREVAN, 20 September. /ARKA/. Five units of immovable and two units of movable property of illegal origin with a total market value of about ...

09/20/2024


Armenia to build small modular NPP: Pashinyan outlines nuances

The construction of a new nuclear power plant in Armenia is of great importance, Armenian Prime Minister Nikol Pashinyan said at the Second World Armenian Summit. YEREVAN, ... ...," stated Pashinyan. He noted that modular NPP technologies have reached the practical stage in some countries, including the United States, as well as France, South Korea, and Russia. "We are working with partners on this issue... The only problem ...

09/18/2024


Armenian Security Council Secretary Armen Grigoryan meets with Japanese security advisor in Tokyo

Armenia’s Secretary of the Security Council Armen Grigoryan conducted an official visit to Japan where he met with Akiya Takeo,... ... importance of open borders and economic, political, and cultural connections as key components of a peaceful agenda. A specialized unit has been established within Armenia's National Security Council to ensure the security of cargo, vehicles, and people passing ...

09/13/2024


Pashinyan highlights importance of Crossroads of Peace project for rail connectivity with Iran, Russia, Turkey

... the Silk Road Forum in Tbilisi in October 2023. The project aims to enhance regional connectivity, highlighting open borders and fostering economic, political, and cultural ties as essential elements of a lasting peace agenda. As part of the project, Armenia's National Security Service (NSS) has established a special unit responsible for ensuring the safety of freight, vehicles, and passengers along international routes crossing through Armenia.

09/10/2024


Body of a serviceman with gunshot wound found in military unit of Armenia

The body of serviceman Edgar Aleksanyan with a gunshot wound was found at the defensive section of the No. 1 military unit of the Ministry of Defence on September 2 at around 10:10, the press service of the Armenian Defence Ministry reported. YEREVAN, 2 September. /ARKA/. The body of serviceman Edgar Aleksanyan with a gunshot wound was found at the defensive section of the No. 1 military unit of the Ministry of Defence on September 2 at around 10:10,...

09/02/2024


Metsamor NPP completes maintenance ahead of schedule, operating normally

... the national power grid, followed by the third turbogenerator at 3:20 PM. The PPM-2024 schedule had initially planned for the unit to be operational by August 18, but the efficient work of the staff allowed the process to be completed about a week earlier. Currently, the ANPP is functioning smoothly, adhering to all safety and reliability standards. The Armenian Nuclear Power Plant, located near the town of Metsamor, approximately 30 kilometers west of Yerevan, is the only nuclear ...

08/16/2024


Minister urges construction companies to prepare for construction of new nuclear power plant in Armenia

Armenian Minister of Territorial Administration and Infrastructure Gnel Sanonyan called on construction companies to prepare for ... ... construction project and urge everyone to get ready - it is the construction of a new nuclear power plant. All our construction community should start preparing now, because it is as big a project as the others," he said in his address on the Builder's ...

08/09/2024


Armenian government approves pilot program for beer labeling

The labeling of products will be done using a special DataMatrix code YEREVAN, August 1. /ARKA/. The Armenian government approved a pilot program for labeling beer during its session on Thursday. According to the government decree,... ... products will be done using a special DataMatrix code. This digital marking code is tamper-proof and unique for each product unit. The codes will be provided to producers and importers in digital form by the National Operator. As part of the project, ...

08/01/2024


Armenian government establishes company to oversee new nuclear power plant construction

All shares of the new company are state-owned YEREVAN, August 1. /ARKA/. The Armenian government approved the creation of a closed joint-stock company with a charter capital of 200 million drams (20,000 ... ... shares of the new company are state-owned. Sanosyan revealed that in line with the energy development strategy, a new power unit of at least equal capacity must be built next to the current nuclear power plant by 2040, following the end of its operational ...

08/01/2024


European Peace Facility: Council adopts first ever assistance measure in support of Armenian Armed Forces

... Council adopted an assistance measure under the European Peace Facility (EPF) in support of the Armed Forces of the Republic of Armenia worth €10 million. YEREVAN, July 22. /ARKA/. Today the European Council adopted an assistance measure under the ... ... Concretely, the adopted assistance measure will allow the provision of a fully-fledged deployable tent camp for a battalion-sized unit. Security is an increasingly important element of our bilateral relations with Armenia. This European Peace Facility measure ...

07/22/2024


Western technologies or preservation of Russia's dominance: DW on Armenia's plans to build new nuclear power plant

Deutsche Welle has published an article about Armenia’s plans to build a new nuclear power plant to replace the operating Metsamor NPP. YEREVAN, 17 July. /ARKA/. Deutsche ... ... Grigoryan as saying that Armenia has started substantive negotiations with the US on the construction of a new nuclear power unit. According to some experts. construction of a new power unit using Western technologies will not only provide the country ...

07/17/2024


Police Guard to be established in Armenia

Armenian parliamentary committee on defence and security issues on Friday approved a bill calling for establishment of a police ... ... Minister of Internal Affairs. The new structure will also include the main state security department and the traffic police unit accompanying top officials. As a result, the government believes, a new, purely police service will be created in Armenia,...

06/07/2024


Effective cooperation is established between Armenia and IAEA

Effective cooperation has been established between Armenia and IAEA, Armenian Minister of Foreign Affairs Ararat Mirzoyan and IAEA Director ... ... assessing the fact of Mirzoyan's participation in the Ministerial Forum on Nuclear Safety. The sides exchanged views on the projects implemented in the spheres of energy... ... operation term of the Armenian NPP till 2036, at the same time exploring new opportunities. In this context, the Minister highly assessed the support and mutually beneficial...

05/21/2024


Mirzoyan: Armenia will extend lifetime of current nuclear power unit with smooth transition to new capacity by 2036

Guided by national priorities and the key importance of nuclear energy in achieving global Net Zero objectives, as well as driven by the successful uphold of high standards of safety and security in the operation of the NPP, Armenia decided to extend the lifetime of current unit with an ultimate goal of smooth transition to a new capacity by 2036, said Armenian Foreign Minister Ararat Mirzoyan May 20 speaking at the International Conference on Nuclear Security (ICONS 2024) titled “Shaping the Future” in Vienna, Austria....

05/21/2024


EBRD and EU boost funding for Armenian firms via Inecobank

... Meeting and Business Forum in Yerevan. The EU was represented by Diana Jablonska, Head of Unit for Georgia, Moldova and the Economic Investment Plan at the Directorate-General... ... and production upgrades, as well as to enhance product quality and bolster health-and-safety measures. At least 70 per cent of loans provided to Ineco Bank will be allocated... ... track record of disbursing US$ 14 million under the credit line since its inception in Armenia in 2021. The EU4Business-EBRD Credit Line, available also in Georgia , Moldova...

05/16/2024


EBRD is providing US$ 10 million financial package to ArmSwissBank for on-lending to Armenian MSMEs

The European Bank for Reconstruction and Development (EBRD) is providing a US$ 10 million financial package to ArmSwissBank in Armenia to finance the private sector’s investments in growth, competitiveness, and greener and more sustainable practices. ... ... Machanyan, at the EBRD’s 2024 Annual Meeting and Business Forum in Yerevan. The EU was represented by Diana Jablonska, Head of Unit for Georgia, Moldova and the Economic Investment Plan at the Directorate-General for Neighbourhood and Enlargement Negotiations ...

05/16/2024


Armenian Defense Ministry denies allegations that Azerbaijani special forces appear in Kirants

In a comment on a video clip rcirculated in media and social networks alleging that the rsidents of Kirants (Armenian village in Tavush region) spotted Azerbaijani special forces near the borde, the Armenian defense ministry said in fact it shows a serviceman of Armenia's special forces unit. YEREVAN, May 7. /ARKA/. In a comment on a video clip rcirculated in media and social networks alleging that the rsidents of Kirants (Armenian village in Tavush region) spotted Azerbaijani special forces near the borde, the Armenian defense ministry ...

05/07/2024


Psychology in the stock market: 5 behavioral failures and 5 ways to bypass the traps of one's own psyche

... 19, 1987, when the biggest decline (22, 6%) of the Dow Jones index in its history occurred. This event affected not only the United States, but spread around the world. In the run-up to that day, a massive sell-off in stocks began due to negative expectations.... ... material is prepared within the framework of the joint project "The Year of Investing in Oneself" by ARKA, AMI Novosti-Armenia news agencies and Freedom Broker Armenia .

05/03/2024


U.S. companies involved in studies on construction of new NPP in Armenia

Feasibility studies are underway as part of a plan to build a new nuclear power unit in Armenia, Deputy Minister of Territorial Administration and Infrastructure Hakob Vardanyan stated in an interview with “Armenpress”. YEREVAN, April 26. /ARKA/. Feasibility studies are underway as part of a plan to build a new nuclear power unit ...

04/26/2024


Armenia may receive €10 mln. assistance from European Peace Facility – Azatutyun Radio

A preliminary agreement has been reached in Brussels on providing non-lethal assistance to Armenia from the European Peace Facility (EPF), a diplomatic document that RFE/RL’s Armenian Service has got hold of suggests.... ... to the document, the assistance measure will finance the establishment of a mobile field camp capability for a battalion-size unit, including a medical treatment facility as well as relevant services and facilities. “The objective of the assistance measure ...

04/18/2024


CoE Secretary General says Crossroads of Peace project can become important prerequisite for Yerevan-Baku normalization

... the South Caucasus was first presented last October at the Silk Road Forum in Tbilisi by PM Pashinyan. It calls for reopening of regional communications, borders, economic, political, cultural ties as important component of the peace agenda. A special unit has already been set up within Armenia's National Security Service to ensure the safety of the passage of goods, vehicles, and people through international communications passing through Armenia. -0-

04/08/2024


Armenia ready to unblock regional infrastructures, but on its own terms: Mirzoyan responds to Moscow

... passing through its territory based on the principle of reciprocity. "Just as Azerbaijan will be able to transport cargo through the territory of Armenia, so Armenia will be able do so through the territory of Azerbaijan. We are ready to ensure the safety of cargoes and passengers on our territory. A special unit has been created to deal with this," Mirzoyan said. When asked why Armenia does not sign the agreement on reopening roads, the minister said that these infrastructures cannot be controlled by the armed forces of third countries. According to him, all procedures when entering and leaving Armenia should be handled in the ...

04/08/2024


Only Russia and China build modular nuclear reactors: IAEA Deputy Director on prospects for Armenia (EXCLUSIVE)

... Department Mikhail Chudakov in an interview with ARKA news agency spoke about the advantages of small modular reactors, in which Armenian authorities are showing interest. YEREVAN, April 4. /ARKA/. International Atomic Energy Agency (IAEA) Deputy ... ... being studied. The Armenian side is already considering the preliminary feasibility study for the construction of a new 1200 MW unit developed by Rosatom State Corporation. Earlier, Kirill Komarov, First Deputy Director General of Rosatom told ARKA that ...

04/04/2024


Armenian NPP operates reliably and safely, but needs replacement - IAEA Deputy Director (EXCLUSIVE)

... improve the safety of their nuclear power plants during commissioning and during operation by comparing actual practices with IAEA safety standards. Activities are continuously carried out to help member states carry out life extension, modernization and safety improvement. But, taking into account the fact that the Armenian NPP unit is already old, it is necessary to look for its replacement. I know that Armenia is working on these issues," Chudakov said. He said that several types of reactors are on the agenda - VVER-1000 or 1200 MW. According to his estimates, such a ...

04/04/2024


New responsible consumers cooling system will be introduced at Armenian NPP

A new Responsible Consumers Cooling System will be installed at the Armenian nuclear power plant (NPP). The cost of the project is more than $6 million. SOCHI, March 27. /ARKA/. A new Responsible ... ... nuclear power plant with a capacity of about 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively, the new NPP will be built on the territory ...

03/27/2024


Rosatom may offer Armenia nuclear reactors with a capacity of 50 to 1,000 MW

Rosatom (Russian State Atomiс Energy Corporation) may offer Armenia nuclear reactors of various capacities - from 50 to 1,000 MW, the company's First Deputy CEO Kirill Komarov told ARKA ... ... MW, the company's First Deputy CEO Kirill Komarov told ARKA news agency. "The decision on choosing the type of nuclear unit to be built in Armenia is, of course, to be made by the Armenian government. I can say that there are different forecasts ...

03/26/2024


Armenia is looking into options for construction of new NPP with 1000 MW capacity- Director General

Armenia is studying several options of building a new nuclear reactor with a capacity ... ... Eduard Martirosyan said. "Whether it will be a stationary NPP or a modular power unit - this choice has not been made yet," Martirosyan told Armenian journalists... ... large-scale project, which requires serious research both in terms of power capacity, safety requirements, and terrain. Work is underway, at the moment documentation has...

03/26/2024


Re-extension of Armenian NPP operation term will last until 2026 - NPP General Director

Implementation of a program designed to extend the service life of the Armenian NPP for another 10 years has already started, NPP General Director Eduard Martirosyan told Armenian journalists on the ... ... nuclear power plant with a capacity of about 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively, the new NPP will be built on the territory ...

03/26/2024


Armenian Prime Minister calls nuclear energy cornerstone of the country's energy security

Nuclear energy is the cornerstone of Armenia's strategy to ensure both the country's energy security and mitigate the effects ... ... Armenia actively cooperates with the IAEA. “The absence of any nuclear or radiation safety incident in the entire history of operation of our nuclear power plant speaks... ... 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively...

03/21/2024


Armenia sees its security in peaceful coexistence and cooperation with neighbors in the region and beyond - Pashinyan

Committed to the peace process with Azerbaijan, Armenia sees its security, first of all, in peaceful coexistence and cooperation with neighbors in the region and beyond, Prime ... ... restore regional transportation links as well as to reopen borders for economic, political and cultural cooperation. A special unit has already been established in Armenia's National Security Service, which will be responsible for the security of the movement ...

03/20/2024


Two servicemen in Armenia accused of embezzlement worth 4 mln AMD

Armenia's Anti-Corruption Committee has completed investigation of a criminal case involving embezzlement of 4 million drams worth property from a military unit by two career army officers. YEREVAN, February 28. /ARKA/. Armenia's Anti-Corruption Committee has completed investigation of a criminal case involving embezzlement of 4 million drams worth property from a military unit by two career army officers....

02/28/2024


Armenian Defense Ministry refutes statements on dismantling "Corners of Glory" in military units

The Armenian Defense Ministry denied today allegations spread in social networks and some media outlets that the ministry ordered to dismantle the so-called "Corners of Glory" in military units. YEREVAN, February 12. /ARKA/. The Armenian Defense Ministry denied today allegations spread in social networks and some media outlets that the ministry ordered to dismantle the so-called "Corners of Glory" in military units. "In ...

02/12/2024


Reservist killed by fire at one of Armenia's combat posts

A reservist Artur Grigoryan (born in 1985) died on February 6 at around 13:20 as a result of a fire that broke out under unknown circumstances in a small dwelling located near the combat position of a military unit, the Armenian Defense Ministry reported. YEREVAN, February 7. /ARKA/. A reservist Artur Grigoryan (born in 1985) died on February 6 at around 13:20 as a result of a fire that broke out under unknown circumstances in a small dwelling located near the combat ...

02/07/2024


Armenia signed contracts for purchase of arms and equipment worth several billion US dollars – Pashinyan

... an event on the 32nd anniversary of the Armenian Army on Sunday. 'It is necessary to admit that the ideas rooted in us about safety and security systems and their operational formulas turned to be disastrous for us and there is no other option for the Republic of Armenia than the diversification of security relations. And we're going that way. We are on the path of acquiring new and modern ... ... and equipment, and in recent years the Government has signed contracts for the purchase of several billion USD weapons and ammunition. The military-industrial complex of the Republic of Armenia has an unprecedented order from the Armenian government worth ...

01/29/2024


Armenia can always count on IAEA support - Grossi

Armenia can always count on IAEA support, Director General of the International Atomic Energy Agency (IAEA) Rafael Mariano Grossi ... ... nuclear power plant with a capacity of about 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively, the new NPP will be built on the territory ...

01/17/2024


Pashinyan says installing modular nuclear reactor in Armenia is ‘politically interesting’

... January 16. /ARKA/. Armenian Prime Minister Nikol Pashinyan visited today the Nuclear Safety Regulatory Committee to discuss the agency's 2023 activity report. Acting Chairman... ... and his deputies reported on what was done in 2023 to ensure safe operation of the Armenian Nuclear Power Plant (NPP). The Prime Minister was presented a sequence of steps... ... and further actions regarding the government’s plan to build a new nuclear power unit. Pashinyan was quoted by his press service as saying that the option of choosing...

01/16/2024


Body of contract serviceman found at combat position- Armenian Defense Ministry

The Armenian Defense Ministry said the body of contract serviceman Karen Karapetyan was found with a gunshot wound at 06:20 today morning at a combat position of a military unit. YEREVAN, January 9. /ARKA/. The Armenian Defense Ministry said the body of contract serviceman Karen Karapetyan was found with a gunshot wound at 06:20 today morning at a combat position of a military unit. It said an investigation is underway ...

01/09/2024


Land plot of former military unit transferred to Armenian State Property Management Committee

A land plot outside the village of Armash in Armenia’s Ararat Province that used to house a military unit has been handed over to the State Property Management Committee, which is an affiliation of the Ministry of Territorial Administration and Infrastructure. YEREVAN, January 4. /ARKA/. A land plot outside the village of Armash in Armenia’s Ararat ...

01/04/2024


Armenia and Russia sign framework agreement on extension of service life of Armenian NPP until 2036

The Armenian and Russian governments signed today a framework agreement on extension of the service life of the Armenian nuclear power ... ... nuclear power plant with a capacity of about 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively, the new NPP will be built on the territory ...

12/15/2023


Armenian government allocates $65 mln to extend the operation life of Armenian NPP until 2036

The Armenian government today approved the allocation of $65 million to extend the service life of the Armenian Nuclear Power Plant ... ... nuclear power plant with a capacity of about 1000-1200 MW. Several options are being considered - either construction of a power unit with a capacity of about 1000 or 1200 MW, or two units of 1000 MW each. Tentatively, the new NPP will be built on the territory ...

12/14/2023


Ambassador: India set to expand cooperation with Armenia in defense area

India is set to expand cooperation with Armenia in the defense area, Indian Ambassador Extraordinary and Plenipotentiary to Armenia Nilakshi Saha Sinha said today, speaking ... ... borders, development of economic, political and cultural ties, which are an important component of the peace agenda. A special unit has already been created within Armenia's National Security Service, which will be in charge of ensuring the security of ...

12/05/2023


Armenia ready to undertake efforts to stimulate communication between the peoples of the region - Deputy Foreign Minister

Armenia is ready to make efforts to stimulate communication between the peoples of the region, Deputy Foreign Minister Mnatsakan ... ... borders, development of economic, political and cultural ties, which are an important component of the peace agenda. A special unit has already been created within Armenia's National Security Service, which will be in charge of ensuring the security of ...

12/05/2023


IAEA not going to initiate closure of Armenian NPP, its safety is being strengthened - Director General

... International Atomic Energy Agency (IAEA) is absolutely not going to take steps to have the Armenian NPP shut down, the agency's Director General Rafael Grossi said. YEREVAN... ... can continue,” Grossi said. “The Armenian Nuclear Power Plant is following the safety recommendations and guidance from the IAEA. This is very important. There have... ... about 1000-1200 MW. Several options are being considered – either to build a power unit with a capacity of about 1000 or 1200 MW, or two power units with 1000 MW capacity...

12/05/2023


Armenian NPP operation life extension reaches practical stage – Sanosyan

A project designed to extend the service life of the Armenian nuclear power plant for another ten years until 2036 is entering the practical stage, Territorial Administration and ... ... re-equipment. Sanosyan noted today that another key goal is to use this whole period to work on the construction of a new nuclear power unit ‘so that when the service life of the operating NPP ends, the new one is ready for operation.". Earlier Sanosyan announced ...

11/28/2023


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