2025

A Memorial Plaque Honoring Emil Grigoryan Unveiled in Yerevan

On June 25, a solemn ceremony was held at the Yerevan Jewelry Factory to unveil a memorial plaque dedicated to the memory of the factory’s founder and long-time director, businessman, prominent public figure, and philanthropist Emil Grigoryan. In their speeches, the speakers highlighted Emil Grigoryan’s significant contribution to the establishment and development of Armenian jewelry

The Role of Artificial Intelligence in Communication Was Discussed

“The Role of Artificial Intelligence in Communication” was the overarching theme of the seminar-meeting organized on June 12 at the Union of Manufacturers and Businessmen of Armenia. The event was attended by marketing, communication, and development professionals from member companies of the Union. Raffi Niziblian, Creative Director of Deem Communications—a company that has been providing

Armenian Alcohol Producers Appeal to State and International Bodies

In recent weeks, the Union of Manufacturers and Businessmen of Armenia has been receiving numerous alerts from companies involved in the production, export, and transportation of alcoholic beverages. These companies have expressed serious concerns and dissatisfaction regarding the current situation at the Armenian-Georgian border. According to reports, the Georgian side is unjustifiably obstructing the transit

Business Community Ready to Engage Constructively in Developing and Implementing Armenia’s Economic Development Strategy

A delegation from the Union of Manufacturers and Businessmen of Armenia participated in the business workshop titled “Enhancing Armenia’s Economic Competitiveness Through Policy and Administrative Improvement”, held in Dilijan on April 18. The workshop, held in a Government–Business format and attended by the President of Armenia, Vahagn Khachaturyan, was organized at the initiative of Prime

Educational Institutions Present Their Academic Programs and Prospects

More than seventy educational institutions from Armenia are participating in the 24th specialized exhibition “Education and Career EXPO 2025,” which opened on April 16 at the Karen Demirchyan Sports and Concert Complex. The exhibition is jointly organized by the Union of Manufacturers and Businessmen of Armenia and LOGOS EXPO Center. Participating universities, colleges, and educational

Delegation of the Dubai International Chamber Visits UMBA

On April 10, the Union of Manufacturers and Businessmen of Armenia (UMBA) hosted a delegation from the Dubai International Chamber. As noted by Sumaya Al Shamsi, Director of International Partnerships at the Chamber, the purpose of their mission to Armenia is to explore on-site the areas in which bilateral economic cooperation can be further developed.

Key Issues Related to the Economic Development Strategy Discussed

An in-depth workshop was held on April 4 at the Union of Manufacturers and Businessmen of Armenia (UMBA), aimed at discussing issues related to Armenia’s economic development strategy and identifying the current challenges faced by the business community. Participants included the leadership and experts from the Armenian branch of the International Chamber of Commerce, as

The Minister of Finance of Armenia Discussed Tax Policy Prospects with the Union of IManufacturers and Businessmen of Armenia.

On March 27, Minister of Finance of Armenia Vahe Hovhannisyan met with members of the UMBA. During the meeting, the parties exchanged views on the prospects of tax policy and specific directions, as well as discussed various sectoral issues. To strengthen feedback on the policies implemented by the Ministry of Finance and enhance the effectiveness

“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