• 02.10.2024
    The 24th session of the EAEU Business Council presidency was held in Yerevan

    The 24th session of the EAEU Business Council presidency was held in Yerevan

    "The deepening of the Eurasian economic integration and ensuring the effective functioning of the common economic area require continuous work in the direction of eliminating obstacles, including prohibitions, restrictions and exceptions in the internal market of the EAEU", - said Arsen Ghazaryan, President of the Union of Manufacturers and Businessmen of Armenia, Chairman of the
    • 01.10.2024
    Ways of creating conditions for the activation of economic interaction in the Eurasian area were discussed

    Ways of creating conditions for the activation of economic interaction in the Eurasian area were discussed

    For the countries of the Eurasian Economic Union, and especially for Armenia, which has a small domestic market, the development of the export-oriented industry is vitally important, which in turn implies a fairly high level of industrial cooperation with the partners of the EAEU member states. This belief was expressed by the President of the
    • 10.09.2024
    Armenian-Estonian business forum at the UMBA

    Armenian-Estonian business forum at the UMBA

    On September 10th, an Armenian-Estonian business forum was held in Yerevan. Union of Manufacturers and Businessmen of Armenia hosted the delegation of the entrepreneurs of the Estonian Chamber of Commerce within their business visit to Armenia. Welcoming the guests and wishing success to the participants of the conference, the Vice-president of the UMBA, Nerses Karamanukyan
    • 15.07.2024
    In Armenia, it is necessary to create an environment to realize the potential of the regions: Interview with the head of Synopsys Armenia

    In Armenia, it is necessary to create an environment to realize the potential of the regions: Interview with the head of Synopsys Armenia

    There is a huge human capital potential in the regions of Armenia, and the private sector, the government and educational institutions must jointly create a favorable environment and infrastructure to realize this potential and attract more international companies to the country and regions. Hovik Musayelyan, director of Synopsis Armenia company, member of Presidium of the
    • 03.07.2024
    Issues related to the diversification of export markets from Armenia were discussed

    Issues related to the diversification of export markets from Armenia were discussed

    The issues related to the diversification of export markets from Armenia were addressed during the meeting of Jose Ignacio Pradas-Poveda, EU high-ranking advisor of the "Support to the Monitoring, Implementation and Communication of the Comprehensive and Extended Partnership Agreement" project, and Edgar Hovhannisyan, an economic expert of the EBRD, at the Union of Manufacturers and
    • 22.06.2024
    UMBA’S DELEGATION STUDY VISIT TO DENMARK

    UMBA’S DELEGATION STUDY VISIT TO DENMARK

    The delegation of the Union of Manufacturers and Businessmen of Armenia was in Denmark on June 18-19 for the study visit at the invitation of the Danish Industry (DI). The two-day visit was organized within the framework of the agreements reached during the meeting of the representatives of Danish Industry in April of the current
    • 12.06.2024

    What impact do conflicts have on economic development, business activity, implementation of regional joint programs, and what are the ways to overcome them? These issues were discussed on June 11 during the visit of Jyrki Kankaanpaa and Alexander Grushevskiy, advisors form EUMA, to the UMBA. Welcoming the guests, Nerses Karamanukyan, the first vice-president of the
    • 08.05.2024
    The possibilities of expanding Armenian-Bulgarian trade and economic relations were discussed

    The possibilities of expanding Armenian-Bulgarian trade and economic relations were discussed

    The possibilities of expanding the Armenian-Bulgarian trade and economic relations were discussed during the meeting held in Sofia by the representatives of the Union of Manufacturers and Businessmen of Armenia and the Bulgarian Chamber of Commerce and Industry. According to UMBA member Armen Nersisyan, at the meeting with the President of the Chamber Tsvetan Simeonov,
    • 06.05.2024
    “In order to see the future, we must first learn from the past.” Arsen Ghazaryan

    “In order to see the future, we must first learn from the past.” Arsen Ghazaryan

    The rich past of Armenian business life is presented in a unique way in Hayk Demoyan's book "Illustrated History of Armenian Entrepreneurship", the presentation of which took place on May 4, at the National Museum-Institute of Architecture named after Alexander Tamanyan. The book mainly presents testimonies, stories, material values, samples confirming the exceptional contribution and
    • 01.05.2024
    “State management needs improvement.” Arsen Ghazaryan

    “State management needs improvement.” Arsen Ghazaryan

    On April 30, the members of the Union of Manufacturers and Businessmen of Armenia met with the RA Minister of Economy, Gevorg Papoyan, on the Minister’s initiative. Representatives of the Ministry's staff were also present at the meeting. Expressing his gratitude for the readiness to organize such meeting, the President of the UMBA Arsen Ghazaryan