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Investigation into a fatal road accident involving a military vehicle is completed: five servicemen have been charged
... road accident on 12 April 2024, which killed four servicemen and injured 18 others. According to the Investigative Committee, from 9 to 11 April, two servicemen, identified as S.G. and H.H., informed the head of the technical department of the military unit and the head of the car service of the military unit about the technical problems of the truck, but the latter did nothing to prevent the operation of the vehicle. In turn, V.P. and S.G. did not check the vehicle's operability at the motor depot,...
12/18/2024Armenia to receive €12.9 million from European Commission for nuclear safety enhancement
... To ensure the timely and full implementation of the measures outlined in CEPA, Armenia has developed a roadmap. The Nuclear Safety Regulatory Committee of Armenia has already initiated the drafting of a new law, taking into account the relevant EU directives.... ... 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’’,...
11/28/2024Armenian defense ministry reports serviceman's death
... death of a serviceman. YEREVAN, November 14. /ARKA/. The Ministry of Defense of Armenia reports the death of a serviceman. "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 to clarify all the circumstances of the incident. -0-
11/14/2024Ameriabank presents MyBusiness.am online platform at Real Business Conference
... for business clients. YEREVAN, 19 October. /ARKA/. Within the framework of Real Business Conference being held in 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 that they will be interested in. This is MyBusiness.am platform, where they can learn about the very useful services designed ...
10/19/2024Maragos spoke about four EU programs implemented at Armenian Nuclear Power Plant worth 11 million euros
... retraining, radioactive waste management and nuclear safeguards. "Since the 1990s, the financial support of the EU for nuclear safety in Armenia has reached more than 70 million euros in the form of grants," said Maragos. The Comprehensive and Enhanced ... ... 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 ...
10/18/2024Deputy Defense Minister names reasons for non-combat deaths in the army
... situations, assuring that the perpetrators are almost always identified and brought to justice. At the same time, Sargsyan said 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. --0--
10/17/2024"Green Portfolio": ethical and profitable investment
... 2020 and 2030. The most important innovations in this field are solid-state batteries, which are characterised by increased safety and alternative chemical composition. Developments in the modernisation of power grids are also playing a major role: improved ... ... technologies or electric cars; - buy bonds 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 of the profits; - buy a stake in an ETF ...
10/02/2024In 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 ...
09/20/2024Armenia to build small modular NPP: Pashinyan outlines nuances
... significance, that is, in the event of an accident inside the nuclear power plant, there will be no threat beyond 500 meters," 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 is that there are no operating modular NPPs in the world yet. There are those under construction at various stages that are ...
09/18/2024Rosatom begins to inspect radioactive waste storage facility of the Armenian NPP
... begun inspecting the radioactive waste storage facility of the Armenian NPP, TASS news agency reported with reference to the press service of the state corporation. The work is carried out as part of preparations for extending the service life of power unit №2 of the plant. The work is being carried out to assess the possibility of safe and reliable storage of radioactive waste at the site of the Armenian NPP as part of the repeated extension of the service life until 2036. Rosatom Service, a division ...
09/17/2024Armenian Security Council Secretary Armen Grigoryan meets with Japanese security advisor in Tokyo
... presented the Crossroads of Peace initiative aimed at establishing regional communications. The project emphasizes the 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 through international communications routes via Armenia.
09/13/2024Pashinyan highlights importance of Crossroads of Peace project for rail connectivity with Iran, Russia, Turkey
... 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.
09/10/2024Body 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 ...
09/02/2024Metsamor NPP completes maintenance ahead of schedule, operating normally
... reported on Friday. On August 11, at 12:17 PM, the fourth turbogenerator of the ANPP's second power unit was reconnected to 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 power facility in the South Caucasus region. It plays a crucial role in the country’s ...
08/16/2024Minister urges construction companies to prepare for construction of new nuclear power plant in Armenia
... projects, another giant project is awaiting us –construction of the Academic City. I would like to mention one more 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 Day. On 1 August, the Armenian government approved establishment of a government-owned company to handle the construction of ...
08/09/2024Armenian government approves pilot program for beer labeling
... accurate and realistic picture of the circulation of goods in the market through an electronic tracking system. The labeling of 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, a mobile application will be developed to allow consumers to easily verify the legality of a product's origin, obtain all necessary ...
08/01/2024Armenian government establishes company to oversee new nuclear power plant construction
... drams each), the country’s Minister of Territorial Administration and Infrastructure Gnel Sanosyan announced on Thursday. All 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 life. The new company will be established to organize this process in accordance with IAEA recommendations. The company ...
08/01/2024Rosatom starts assessing re-extension of Armenian NPP until 2036
... of the reactor metal of the Armenian NPP as part of preparations for extending its service life, the corporation's press service told TASS. Rosatom Service JSC (part of Rosatom's division) has installed witness samples in the reactor vessel of power unit No. 2 of the Armenian NPP as part of the ongoing preventive maintenance. The obtained data will be used in deciding the possible extension of the power unit’s operation life for another 10 years, until 2036. Changes in the actual metal characteristics ...
07/30/2024European Peace Facility: Council adopts first ever assistance measure in support of Armenian Armed Forces
... future participation of the country in international military missions and operations, including those deployed by the EU. 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 will further contribute to the resilience of the country. We have a mutual interest to further scale up our dialogue on foreign ...
07/22/2024Western technologies or preservation of Russia's dominance: DW on Armenia's plans to build new nuclear power plant
... build a new nuclear power plant to replace the operating Metsamor NPP. The story quotes Secretary of the Security Council Armen 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 with sustainable electricity generation source, but will also reduce dependence on Russia in the energy sector, depriving Moscow ...
07/17/2024Police Guard to be established in Armenia
... the Guard will be appointed not by the Armenian President, as in the case of commanders of other security forces, but by the 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, capable of solving strategic tasks, meeting all modern international criteria, equipped with appropriate weapons, and provided ...
06/07/2024Effective cooperation is established between Armenia and IAEA
... Armenia's cooperation with the IAEA, highly 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 and healthcare, particularly in the fields ... ... has taken necessary measures to extend the 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 cooperation with the IAEA. Issues related ...
05/21/2024Mirzoyan: 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....
05/21/2024EBRD and EU boost funding for Armenian firms via Inecobank
... margins of 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 ... ... borrowers to invest in modern equipment 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 towards funding investments in green technologies ...
05/16/2024EBRD is providing US$ 10 million financial package to ArmSwissBank for on-lending to Armenian MSMEs
... Financial Institutions, Francis Malige, and ArmSwissBank’s Chair of the Management Board and Executive Director, Gevorg 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 , who witnessed the signing. ArmSwissBank is a longstanding partner of the EBRD. It operates in the corporate and investment ...
05/16/2024Armenian Defense Ministry denies allegations that Azerbaijani special forces appear in Kirants
... 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 ...
05/07/2024Psychology in the stock market: 5 behavioral failures and 5 ways to bypass the traps of one's own psyche
... One of the most famous examples is the situation related to “Black Monday”. This is the name given to the event of October 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. In a few days it became chaotic and led to the largest stock market crash in history. Even professionals, who realized ...
05/03/2024U.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 ...
04/26/2024Armenia may receive €10 mln. assistance from European Peace Facility – Azatutyun Radio
... part of an assistance measure that will have a duration of 30 months from the date of the adoption of the decision. According 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 is to contribute to strengthening the Armed Forces of the Republic of Armenia’s capabilities to enhance national security,...
04/18/2024CoE 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-
04/08/2024Armenia 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 ...
04/08/2024Only Russia and China build modular nuclear reactors: IAEA Deputy Director on prospects for Armenia (EXCLUSIVE)
... to take 8-10 years. Now different variants are being compared and experience of partners from Russia, USA, South Korea is 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 the corporation can offer Armenia nuclear reactors with capacity from 50 to 1000 MW.-0-
04/04/2024Armenian 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 ...
04/04/2024New responsible consumers cooling system will be introduced at Armenian NPP
... lifespan by ten years until 2026 after a major modernization and technical upgrade. Armenian authorities want to build a new 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 adjacent to the existing NPP (about 80 hectares) and will allow using part of the existing infrastructure. -0-
03/27/2024Rosatom 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 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 regarding what capacity reactor is needed. I communicate with our colleagues in the energy sector, and there are different opinions ...
03/26/2024Armenia is looking into options for construction of new NPP with 1000 MW capacity- Director General
... General of the Armenian Nuclear Power Plant 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 on the sidelines of the Atomexpo-2024 international ... ... power plant in the future. "This is a 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 been received from various organizations, ...
03/26/2024Re-extension of Armenian NPP operation term will last until 2026 - NPP General Director
... lifespan by ten years until 2026 after a major modernization and technical upgrade. Armenian authorities want to build a new 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 adjacent to the existing NPP (about 80 hectares) and will allow using part of the existing infrastructure. -0- -
03/26/2024Armenian Prime Minister calls nuclear energy cornerstone of the country's energy security
... strengthens its sovereignty . He emphasized that 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 to our unwavering commitment to this matter,... ... 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 ...
03/21/2024Pashinyan leaves for Brussels to take part in Nuclear Energy Summit
... lifespan by ten years until 2026 after a major modernization and technical upgrade. Armenian authorities want to build a new 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 adjacent to the existing NPP (about 80 hectares) and will allow using part of the existing infrastructure. -0-
03/21/2024Armenia sees its security in peaceful coexistence and cooperation with neighbors in the region and beyond - Pashinyan
... the benefit of the entire region, Armenia's sovereignty and international role. The 'Crossroads of Peace' project aims to 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 of goods, vehicles and people along international communications passing through Armenia's territory. -0-
03/20/2024Two 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....
02/28/2024Armenian 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 ...
02/12/2024Reservist 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 ...
02/07/2024Armenia 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 ... ... 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 ...
01/29/2024Armenia can always count on IAEA support - Grossi
... modernization and technical upgrade and plans to extend it for another 10 years. Armenian authorities want to build a new 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 adjacent to the existing NPP (about 80 hectares) and will allow using part of the existing infrastructure. -0-
01/17/2024Pashinyan says installing modular nuclear reactor in Armenia is ‘politically interesting’
... agency's 2023 activity report. YEREVAN, 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 of the Committee Khachatur Khachikyan ... ... presented a sequence of steps for analyzing 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 modular reactor is ‘politically interesting....
01/16/2024Body 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 ...
01/09/2024Land 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 ...
01/04/2024Armenia and Russia sign framework agreement on extension of service life of Armenian NPP until 2036
... lifespan by ten years until 2026 after a major modernization and technical upgrade. Armenian authorities want to build a new 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 adjacent to the existing NPP (about 80 hectares) and will allow using part of the existing infrastructure. -0-
12/15/2023Armenian government allocates $65 mln to extend the operation life of Armenian NPP until 2036
... lifespan by ten years until 2026 after a major modernization and technical upgrade. Armenian authorities want to build a new 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 adjacent to the existing NPP (about 80 hectares) and will allow using part of the existing infrastructure. -0-
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