News
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
Armenia-Turkmenistan business forum to be held in Ashgabat
Armenia-Turkmenistan business forum will be held in Ashgabat within the framework of Serzh Sargsyan's visit to Turkmenistan. The organizer of the forum is Armenian Development Agency and Union of Manufacturers and Businessmen of Armenia. Armenia will be represented by 30 companies from different areas: food, IT, construction, shoe making, jewelry and other fields. In 2013
Armenia Strategic Plan of Long-Term Development to be amended
Prime Minister Tigran Sargsyan chaired the session ofArmenia’s 2014-2025 Strategic Plan of Long-Term Development Coordinating Council. The discussants presented various proposals, around which views were exchanged. The PM instructed the heads of relevant departments to amend the program, and subsequently submit it for government approval. “The implementation of several programs depends on the adoption of
Free economic zone should not ingest our workforce – Jewelers’ Association of Armenia
The free economic zone should not turn into a “personnel synthesis” forArmenia’s jewelers, chairman Emil Grigoryan of the Jewelers’ Association of Armenia told Armenian News-NEWS.am. Grigoryan commented on the Armenian government’s February 27 decision on creating a free economic zone for jewelry inArmenia. “Our concern is connected with the relocation of the workforce and the
Yerevan to host free economic area for jewelers
Armenia's capital city Yerevan will host a free economic area for jewelers. The decision was made by the government during the session on Thursday. The new economic area will accommodate companies and private entrepreneurs representing jewelry, diamond cutting and watch industry. AJA Holding free economic area will be created by Armenian Jewellers Association that has
Dear UMBA members
Dear UMBA members, We would like to draw your attention on the information about the "Institute of Internal Auditors-Armenia" (IIA-Armenia) NGO. It represents the international organization “Institute of Internal Auditors”, established in 1941, which publishes internal auditing standards, is a lead research and training institution. The Institute of Internal Auditors provides a variety of international