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“The purpose of business is to help strengthen the foundations of statehood in the economic sector,” stated the President of the Union of Manufacturers and Businessmen of Armenia (UMBA)
The agenda of the UMBA’s extended council meeting on November 15 included the discussion of a state support program for commercial companies engaged in the production of economically complex goods in Armenia. "Often, support programs developed and implemented by the state are not fully utilized because beneficiaries do not fully understand what assistance is being
The topics on deepening Armenian-Egyptian economic relations were discussed
On October 24, the Ambassador Extraordinary and Plenipotentiary of the Arab Republic of Egypt to Armenia, Serenade Soliman Gamil, hosted a delegation from the Union of Manufacturers and Businessmen of Armenia (UMBA). UMBA currently chairs the Business Council of the Organization of the Black Sea Economic Cooperation (BSEC), and the participants presented the ambassador with
FOR THE 22ND TIME, THE ARMPROD EXPO 2024 INTERNATIONAL SPECIALIZED EXHIBITION HAS OPENED ITS DOORS
On October 18, at the Karen Demirchyan Sports and Concert Complex in Yerevan, the ArmProd EXPO 2024 international specialized exhibition opened for the 22nd time, bringing together over 100 companies from Armenia, Russia, Germany, and Estonia. "For 22 years, the Union of Manufacturers and Businessmen of Armenia, together with Logos Expo Center, has been gathering
THE DANISH EXPERIENCE OF OVERCOMING OBSTACLES FACED BY WOMEN IN THE WORKPLACE WAS PRESENTED
In the relatively short period of cooperation between the Union of Manufacturers and Businessmen of Armenia and the Confederation of Danish Industry (since April of this year), several initiatives have already been launched. After familiarization visits of the organizations' delegations, an international gathering was organized in Zagreb, dedicated to the possibilities of deepening relations with
THE UMBA DELEGATION PARTICIPATED IN AN INTERNATIONAL GATHERING IN ZAGREB.
On October 9, the delegation of the Union of Manufacturers and Businessmen of Armenia took part in an international gathering in the capital of Croatia, Zagreb. The meeting addressed the possibilities of deepening relations with the European Union, the role of the business community in this process, and shared the experience of Croatia's Employers' Association
THE 20TH ANNIVERSARY OF “SYNOPSYS ARMENIA” WAS CELEBRATED
On October 9, at the National Academic Opera and Ballet Theater named after Alexander Spendiaryan in Yerevan, the 20th anniversary of "Synopsys Armenia" was celebrated. "Synopsys" began its operations in Armenia in 2004 as "Synopsys Armenia" CJSC. Since then, "Synopsys Armenia" has become one of the key branches of Synopsys, engaged in research and engineering
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
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
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
