2014
Armenian businessman: We took a note of State Department's warning
The warning letters by U.S. Embassy addressed to Armenian entrepreneurs must be taken into consideration, that's it. This was stated by the head of Union of Manufacturers and Businessmen of Armenia Arsen Ghazaryan in response to a letter sent to the government and business on Wednesday. The embassy warned about reputation risks in case of making
US sanctions should not affect Armenian subsidiaries of Russian banks
The U.S. sanctions should not affect Armenian banks that are subsidiaries of the Russian banks, head of Union of Manufacturers and Businessmen of Armenia Arsen Ghazaryan told reporters on Thursday. He noted that VTB (Armenia) and Areximbank - Gazprombank Group are under jurisdiction of Armenia, since they are subject to the Armenian law, the banksIMPORTANT FACTORS ARE REQUIRED TO BE COMPETITIVE
The session of the Standing Committee on Providing Cooperation with Enterprises at YSU Academic Council was held at YSU on july 10. YSU Rector Aram Simonyan, vice-rectors, deans of the faculties and representatives of other units were present at the meeting. Two important issues on the agenda referred to the discussion of the proposal on
Armenia-made shoes exported to France – Shoe Manufacturers’ Association
The Armenian shoe-manufacturing companies export their products to France, Armenian Shoe Manufacturers’ Association Chairman Karapet Movsisyan told Armenian News-NEWS.am. In his words, several Armenian companies export constantly, whereas others, according to the placed orders. “[But] the buyers are different; they are not limited to France only,” Movsisyan added. In line with the State Revenue Committee
Economy Minister: Armenian businessmen are no less patriotic
Armenian Economy Minister said local businessmen are no less patriotic. His remark came in response to the statement Armenian PM Hovik Abrahamyan who gave businessmen time until July 1 to pass to the fair play rules. “Business people realize that changes in economic and legal relations are necessary for economy development,” Minister Karen Chshmarityan told
Business in Armenia is profitable – Union of Manufacturers and Businessmen
Doing business in Armenia is completely profitable, Union of Manufacturers and Businessmen of Armenia (UMBA) President Arsen Ghazaryan told reporters on Thursday. Ghazaryan noted the aforementioned reflecting on Prime Minister Hovik Abrahamyan’s meeting on Wednesday with representatives of the country’s big businesses. The UMBA chief added that Armenia’s business circles want to believe in the
Prime Minister Receives Armenian Entrepreneurs
14th May - Prime Minister Hovik Abrahamyan received a large group of domestic business circle representatives at the Government’s Big Conference Hall. Welcoming the guests, the head of government highlighted the role of business entities in Armenia’s economic development. “I have a clear understanding of your role in providing employment and household income, making investments
First companies being involved in Yerevan's free economic area for jewelers
The first companies are being involved in a free economic area for jewelers. The ceremony of signing treaties between jewelry companies and free economic zone took place in Yerevan on Monday. President of the company Arthur Udumyan said Armenian Jewellers Association (AJA) has a significant role in development of the free economic zone. “We want
Armenian-Turkmen high-level negotiations were conducted in Ashgabat
On 8 of april 2014 the official welcoming ceremony of President Serzh Sargsyan having arrived in Turkmenistan on an official visit took place at the Presidential Palace followed by President Serzh Sargsyan’s and Turkmenistan’s President Gurbanguly Berdimuhamedow’s bilateral, as well as broadened negotiations of the two countries’ official delegations. As a result of the Armenian-Turkmen
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