• 15.07.2024
    In Armenia, it is necessary to create an environment to realize the potential of the regions: Interview with the head of Synopsys Armenia

    In Armenia, it is necessary to create an environment to realize the potential of the regions: Interview with the head of Synopsys Armenia

    There is a huge human capital potential in the regions of Armenia, and the private sector, the government and educational institutions must jointly create a favorable environment and infrastructure to realize this potential and attract more international companies to the country and regions. Hovik Musayelyan, director of Synopsis Armenia company, member of Presidium of the
    • 03.07.2024
    Issues related to the diversification of export markets from Armenia were discussed

    Issues related to the diversification of export markets from Armenia were discussed

    The issues related to the diversification of export markets from Armenia were addressed during the meeting of Jose Ignacio Pradas-Poveda, EU high-ranking advisor of the "Support to the Monitoring, Implementation and Communication of the Comprehensive and Extended Partnership Agreement" project, and Edgar Hovhannisyan, an economic expert of the EBRD, at the Union of Manufacturers and
    • 22.06.2024
    UMBA’S DELEGATION STUDY VISIT TO DENMARK

    UMBA’S DELEGATION STUDY VISIT TO DENMARK

    The delegation of the Union of Manufacturers and Businessmen of Armenia was in Denmark on June 18-19 for the study visit at the invitation of the Danish Industry (DI). The two-day visit was organized within the framework of the agreements reached during the meeting of the representatives of Danish Industry in April of the current
    • 12.06.2024

    What impact do conflicts have on economic development, business activity, implementation of regional joint programs, and what are the ways to overcome them? These issues were discussed on June 11 during the visit of Jyrki Kankaanpaa and Alexander Grushevskiy, advisors form EUMA, to the UMBA. Welcoming the guests, Nerses Karamanukyan, the first vice-president of the
    • 08.05.2024
    The possibilities of expanding Armenian-Bulgarian trade and economic relations were discussed

    The possibilities of expanding Armenian-Bulgarian trade and economic relations were discussed

    The possibilities of expanding the Armenian-Bulgarian trade and economic relations were discussed during the meeting held in Sofia by the representatives of the Union of Manufacturers and Businessmen of Armenia and the Bulgarian Chamber of Commerce and Industry. According to UMBA member Armen Nersisyan, at the meeting with the President of the Chamber Tsvetan Simeonov,
    • 06.05.2024
    “In order to see the future, we must first learn from the past.” Arsen Ghazaryan

    “In order to see the future, we must first learn from the past.” Arsen Ghazaryan

    The rich past of Armenian business life is presented in a unique way in Hayk Demoyan's book "Illustrated History of Armenian Entrepreneurship", the presentation of which took place on May 4, at the National Museum-Institute of Architecture named after Alexander Tamanyan. The book mainly presents testimonies, stories, material values, samples confirming the exceptional contribution and
    • 01.05.2024
    “State management needs improvement.” Arsen Ghazaryan

    “State management needs improvement.” Arsen Ghazaryan

    On April 30, the members of the Union of Manufacturers and Businessmen of Armenia met with the RA Minister of Economy, Gevorg Papoyan, on the Minister’s initiative. Representatives of the Ministry's staff were also present at the meeting. Expressing his gratitude for the readiness to organize such meeting, the President of the UMBA Arsen Ghazaryan
    • 17.04.2024
    Representatives of the Danish Industry were hosted at UMBA

    Representatives of the Danish Industry were hosted at UMBA

    On April 17, Peter Helk, the leading senior advisor of DI, and Ole Krogsgaard, the senior advisor of the DI were hosted at the Union of Manufacturers and Businessmen of Armenia. Presenting their organization, the guests noted that it is the largest employers' organization in Denmark, which includes around 20,000 companies from a wide range
    • 10.04.2024
    “Education and Career EXPO 2024” international specialized exhibition was launched

    “Education and Career EXPO 2024” international specialized exhibition was launched

    More than a hundred educational institutions of Armenia, Lithuania, Russia, Estonia and Uzbekistan are represented in "Education and career EXPO 2024" international specialized exhibition, which opened its doors on April 10 at the sports concert complex named after K. Demirchyan. The 23rd largest annual exhibition in the region was organized by the Union of Industrialists
    • 27.03.2024
    “Armenia is an important partner for Kazakhstan in the South Caucasus region,” Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Armenia

    “Armenia is an important partner for Kazakhstan in the South Caucasus region,” Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Armenia

    On March 27, an Armenian-Kazakh business forum was held in the Union of Manufacturers and Businessmen of Armenia, which was organized within the framework of the business mission of the Republic of Kazakhstan to Armenia. "Along with the visits and contacts at the highest level between Armenia and Kazakhstan, it is important that we, the