• 12.11.2018
    Nikol Pashinyan meets with major business representatives to discuss ways of improving Armenia’s investment climate

    Nikol Pashinyan meets with major business representatives to discuss ways of improving Armenia’s investment climate

    Acting Prime Minister Nikol Pashinyan held working lunch with major Armenian employers and chief executives of key taxpayers to discuss improvement of the investment environment, legislative regulation, tax reforms, the fight against corruption, possibilities for increasing Armenian products’ exports, as well as the protection of local producers’ interests. The entrepreneurs welcomed the government’s economic policy,
    • 28.03.2017
    UAE-Armenia Investment Forum

    UAE-Armenia Investment Forum

    On March 22nd UAE- Armenia investment forum was organized in Abu Dhabi, UAE. It was under the high auspices of the President of Armenia Serzh Sargsyan and the Crown Prince of Abu Dhabi Emirate, Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohammed bin Zayed Al-Nahyan. The forum, organized by Development Foundation of Armenia,
    • 01.03.2017
    The Council’s meeting of the International Congress of Industrialists and Entrepreneurs was dedicated to 25th anniversary of the Congress

    The Council’s meeting of the International Congress of Industrialists and Entrepreneurs was dedicated to 25th anniversary of the Congress

    On February 21st the delegation of the Union of Manufacturers and Businessmen of Armenia, headed by Artashes Shirikyan, the representative in Moscow, participated in the meeting of the Council of International Congress of Industrialists and Entrepreneurs, dedicated to its 25th anniversary. Artashes Shirikyan handed to the leadership of ICIE souvenir and provided a congratulatory message
    • 03.03.2016
    Business community of Armenia and EAEU: problems, expectations, prospects

    Business community of Armenia and EAEU: problems, expectations, prospects

    On February 26, 2016 a conference Business Community of Armenia and EAEU: Problems, Expectations, Prospects was organized at the Noravank Foundation, attended by renowned experts. During the event issues regarding the prospects of economic and particularly industrial development of Armenia were discussed, including the opportunities for the Armenian businesses in the light of the country’s
    • 24.12.2015
    Serzh Sargsyan: Armenia needs higher, long term and sustainable development

    Serzh Sargsyan: Armenia needs higher, long term and sustainable development

    YEREVAN, DECEMBER 23, ARMENPRESS. A reception was organized for the business circles of Armenia at the President’s residence on December 23 on the occasion of Christmas and New Year holidays. President of the Republic of Armenia Serzh Sargsyan congratulated the businessmen on the upcoming holidays, conveying his best wishes. As “Armenpress” was informed from the
    • 24.12.2015
    President: Armenia needs high, long-term and sustainable growth

    President: Armenia needs high, long-term and sustainable growth

    YEREVAN. - On behalf of the President of Armenia Serzh Sargsyan, reception for Armenia’s business community was held today at the Presidential Palace on occasion of New Year and Christmas. The President congratulated the coming holidays of the businessmen, wishing them good luck, Armenian President’s press-service reports. Sargsyan reminded that over the last decades Armenia
    • 21.08.2015
    Rules of paying VAT

    Rules of paying VAT

    YEREVAN. – Rules of paying VAT are not yet entirely clear for Armenian service industry businesses catering in Russia, Mr Aaron Chilingaryan, member of the Association of Accountants and Auditors of Armenia, told Armenian News – NEWS.am. “We have no definite message from the authorities of the Eurasian Union or Armenia as to where an
    • 15.10.2014
    Synopsys

    Synopsys

    The President of the Union of Manufacturers and Businessmen of Armenia (UMBA) Arsen Ghazaryan handed Synopsys President and Co-CEO Chi-Foon Chan the Gold Medal and Certificate of Recognition of UMBA. “During these 10 years Synopsys created in Armenia hundreds of jobs bringing engineering excellence and western working culture into Armenia,” said Mr. Ghazaryan.
    • 01.08.2014
    Armenian businessman: We took a note of State Department's warning

    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
    • 01.08.2014
    US sanctions should not affect Armenian subsidiaries of Russian banks

    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 banks