• 13.12.2013
    The Union of Manufacturers and Businessmen of Armenia received International Monetary Fund (IMF) Representatives

    The Union of Manufacturers and Businessmen of Armenia received International Monetary Fund (IMF) Representatives

    On December 11 the president of the Union of Manufacturers and Businessmen of Armenia (UMBA) Arsen Ghazaryan met with the representatives from the International Monetary Fund (IMF), including the Resident Representative of the IMF in Armenia, Teresa Daban Sanchez, the Assistant Director of the IMF’s Middle East and Central Asia Department, Mark Horton and the
    • 12.12.2013
    Turkish delegation head absent from BSEC meeting due to poisoning

    Turkish delegation head absent from BSEC meeting due to poisoning

    Six countries are participating in the 47th meeting of the Board of the Business Council of the Organization of the Black Sea Economic Cooperation (BSEC). Armenia holds BSEC chairmanship in July-December 2013. “The Turkish delegation’s head was absent due to food poisoning, but his deputies are present,” Chairman of the Union of Manufacturers and Businessmen
    • 12.12.2013
    Ghazaryan: Armenia will not sever ties with EU markets after joining Customs Union

    Ghazaryan: Armenia will not sever ties with EU markets after joining Customs Union

    Some of the BSEC countries are EU members, others are members of the Customs Union or are on the path of accession to the CU or EU, so the Organization of the Black Sea Economic Cooperation (BSEC) will be an integration bridge between European Union and Customs Union markets, President of the Union of Manufacturers
    • 10.12.2013
    Turkey and Azerbaijan do not attend BSEC session in Yerevan

    Turkey and Azerbaijan do not attend BSEC session in Yerevan

    The representatives of 6 countries do not attend the 47th Board Meeting of the BSEC Business Council, which launched on 9th of december in Yerevan. Armenia’s representative to the BSEC Business Council, the Chairman of the Union of Manufacturers and Businessmen (Employers) of Armenia Arsen Ghazarian stated that some of the participants do not attend
    • 06.12.2013
    Armenian beer exports to Russia increased – brewer

    Armenian beer exports to Russia increased – brewer

    So far in 2013, Yerevan Beer CJSC of Armenia has increased the beer exports to Russia by more than 20 percent in one year. Company CEO Ashot Baghdasaryan told the aforesaid to Armenian News-NEWS.am. To the query as to whether he expects the creation of a level playing field for his company once Armenia joins
    • 05.12.2013
    Armenian government approves procedure for e-consignment notes

    Armenian government approves procedure for e-consignment notes

    The Armenian government on Thursday approved the procedure of issuing electronic consignment notes. The deputy head of the State Revenue Committee Armen Alaverdyan, who was presenting the project in the government, said electronic invoices will come into force on 1 January 2014. Two separate forms for maintenance and transportation of goods were approved, too. The
    • 19.11.2013
    Armenia at spotlight of largest exhibition in Middle East

    Armenia at spotlight of largest exhibition in Middle East

    DIYARBAKIR. – The stand representing Armenia aroused a great interest at the largest exhibition that was held from November 14 to 17 in Diyarbakir, Turkey. Eleven companies from Armenia presented their products at the exhibition which included three separate exhibitions: Middle Eastern Furniture and Decorations; Middle Eastern Food; and Middle Eastern Fashion, the Armenian News-NEWS.am
    • 30.10.2013
    Serious reforms are necessary to make starting business easier: Deputy Minister of Economy

    Serious reforms are necessary to make starting business easier: Deputy Minister of Economy

    Armenia will launch a pretentious program of reforms next year to make starting business easier. Currently our country reached certain level, where serious reforms are necessary. The Deputy Minister of Economy of the Republic of Armenia Karine Minasyan stated this while introducing Doing Business-2014: Understanding Regulations for Small and Medium-Size Enterprises ranking report. Armenia has
    • 18.10.2013
    President Serzh Sargsyan attended the opening of the Armprodexpo exhibition

    President Serzh Sargsyan attended the opening of the Armprodexpo exhibition

    Today, President Serzh Sargsyan attended the opening of the annual Armprodexpo specialized exhibition at the Yerevan Expo hall of the Yerevan Science and Research Institute of Mathematical Machines. The President toured the pavilions exhibiting agro and foot production of the Republic, familiarized with the products and services of over 50 Armenian companies, conversed with their
    • 05.10.2013
    Synopsys Armenia to raise awareness of pension reforms for its employees

    Synopsys Armenia to raise awareness of pension reforms for its employees

    YEREVAN. – Synopsys Armenia is among the first to organize an extensive awareness raising campaign about the pension reforms for its employees. During six information sessions taking place from September 30 to October 7 at Synopsys Armenia office, all the employees and interns will have an opportunity to learn about the upcoming changes and their