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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
“Business is ready and determined to undertake the heavy mission of being the economic creator.” – Arsen Ghazaryan
New Year's message from Arsen Ghazaryan, President of the Union of Manufacturers and Businessmen of Armenia Dear compatriots, esteemed colleagues, It is time to summarize the past year—what was done and left undone, the achievements made, and to outline the tasks for the future. The passing year, 2024, was not an easy one, whether in
Deputy Prime Minister Tigran Khachatryan Meets with Members of the UMBA Presidency
On December 25, Deputy Prime Minister Tigran Khachatryan met with representatives of the presidency of the Union of Manufacturers and Businessmen of Armenia. Congratulating UMBA President Arsen Ghazaryan and the presidency members on their re-election, the Deputy Prime Minister highly valued the constructive dialogue established with the Union in recent years, particularly in identifying and
“The IT sector is one of the key areas intended to drive the economy,” Arsen Ghazaryan.
"Almost 10 years ago, when the high-tech and IT sector in Armenia began to show certain activity, we decided to establish a sectoral structure to unite capable entrepreneurs specialized in this field, protect their interests, develop programs, and engage in constructive dialogue with the state," said Arsen Ghazaryan, President of the UMBA of Armenia, during
Arsen Ghazaryan Re-elected as President of the Union of Manufacturers and Businessmen of Armenia
During the 9th regular assembly of the Union of Manufacturers and Businessmen of Armenia (UMBA), Arsen Ghazaryan was unanimously re-elected as the President of the Union. Expressing gratitude for the trust, the UMBA President called on his colleagues to actively pursue the protection of business interests, foster a favorable environment for economic activities, participate in
