News
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.
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.
“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).
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.
Businessmen and Manufacturers of Armenia, on the Occasion of Entrepreneurs' Day
I sincerely congratulate you on your professional holiday.
The official recognition of March 3 as Entrepreneurs’ Day is clear proof of the significant role the business community plays in the country’s economic development, in addressing numerous social and public challenges, and of the well-deserved appreciation of this contribution by both the state and society.
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 community, and the challenges they have created.
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.
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 to the event.