2025

“The Voice of Business Must Always Be Heard and Considered in the Country’s Economic Policy” – Arsen Ghazaryan

The agenda of the extended meeting of the Board of the Union of Manufacturers and Businessmen of Armenia (UMBA), held on March 21, included the identification, discussion, and collection of issues to be presented by the UMBA at the economic policy workshop scheduled for April, as announced by the Prime Minister of Armenia, Nikol Pashinyan.

The Georgian Business Association Delegation Visited UMBA

On March 20, the representative delegation of the Georgian Business Association, led by Executive Director Levan Vepkhvadze, was hosted at the Union of Manufacturers and Businessmen of Armenia (UMBA). Welcoming the guests, UMBA Vice President Nerses Karamanukyan presented the main functions of the Union, the ongoing programs, and Armenia’s investment opportunities. Expressing gratitude for the

Tribute Paid to a Great Armenian on Entrepreneurs’ Day

On the occasion of Entrepreneurs’ Day, on March 3d, members of the Union of Manufacturers and Businessmen of Armenia laid a wreath and flowers at the statue of the renowned Armenian philanthropist Alexander Mantashyants, located in the center of Yerevan. March 3 is also the birthday of this patriotic Armenian, and in his memory, a

Discussion on the sanctions effect on the economy and the possibilities of mitigating their negative impact

On February 27, Alexander James, Regional Sanctions Coordinator of the British Embassy in Georgia brought a UK delegation to visit the Union of Manufacturers and Businessmen of Armenia to discuss and learn about the impact of economic sanctions imposed on Russia as a result of the Russian-Ukrainian conflict on the activities of the Armenian business

Danish Industry Association Delegation Visits Armenia on a Study Tour

As part of the established cooperation between the Union of Manufacturers and Businessmen of Armenia (UMBA) and the Confederation of Danish Industry (DI), on February 26, UMBA hosted Peter Helk, a senior leading advisor at DI. During the meeting, the parties discussed future cooperation programs between the two organizations, the specific activities of non-governmental organizations

UMBA Participated in the Copenhagen Regional Meeting

On January 30-31, Nerses Karamanukyan, Vice President of the Union of Manufacturers and Businessmen of Armenia (UMBA), participated in the Regional Meeting initiated by the Confederation of Danish Industries in Copenhagen. Delegations from the Federation of Employers of Ukraine, the National Confederation of Employers of Moldova, and the Business Association of Georgia were also invited