YEREVAN, OCTOBER 21, NOYAN TAPAN. It is envisaged to pass Mars plant, which has been transferred as property to Russia, to Sitronix company (Russia) for management.
YEREVAN, OCTOBER 21, NOYAN TAPAN. iCon Communications company, which was registered in Armenia in late 2007, plans to start operating in January 2009 and provide Internet
YEREVAN, OCTOBER 20, NOYAN TAPAN. With the aim of ensuring safe and uninterrupted work of the gas supply system along the gas-main pipeline in the winter,
YEREVAN, OCTPOBER 20, NOYAN TAPAN. Holiday of City was celebrated in Gyumri, the second largest city of Armenia, on October 18. The implementation of an urban
YEREVAN, OCTOBER 17, NOYAN TAPAN. The draft decision on the results of the study of falsifying prices in the wheat and flour market was discussed at
YEREVAN, OCTOBER 17, NOYAN TAPAN. There are 80 big trade organization points with a total of 9,144 trade places where 2,900 cash registers were installed as
YEREVAN, OCTOBER 17, NOYAN TAPAN. At the October 17 sitting, the RA State Commission on Protection of Economic Competition discussed the issue of Armenia International Airports (AIA)
YEREVAN, OCTOBER 17, NOYAN TAPAN. Rosgosstrakh company (Russia) hopes to take a leading position in Armenia's insurance market soon, the president of Rosgosstarkh group of companies Danil
YEREVAN, OCTOBER 17, NOYAN TAPAN. France Telecom company has been announced the winner of the tender for a licence of the third mobile phone communication operator
YEREVAN, OCTOBER 16, NOYAN TAPAN. During his visit to the U.S, Armenian Prime Minister Tigran Sargsian met with the U.S. Secretary of State Condoleezza Rice who
YEREVAN, OCTOBER 16, NOYAN TAPAN. Ameriabank is the most rapidly developing bank in Armenia. Its overall capital grew 4.5fold in January-September 2008 and made 18.7 billion
YEREVAN, OCTOBER 16, NOYAN TAPAN. On September 15 Ameriabank successfully completed the placement of Imex Group company's 100,000 coupon bonds of the total amount of 1
YEREVAN, OCTOBER 16, NOYAN TAPAN. A regular sitting of the RA State Commission on Protection of Economic Competition will be held on October 17. A number
YEREVAN, OCTOBER 16, NOYAN TAPAN. The opening ceremony of a service center of Dollar-Thrifty company - a world leader in the car rental sector took place
YEREVAN, OCTOBER 15, NOYAN TAPAN. AmRating/Global Rating agency of the Global Rating group has assigned Armeconombank a BB+ rating with an outlook of a possible
YEREVAN, OCTOBER 15, NOYAN TAPAN. October 15 is International Day of "Education for Stable Consumption". On this occasion Protection of Consumer Rights NGO applied to the
YEREVAN, OCTOBER 15, NOYAN TAPAN. Stepan Sukhorenko, the newly appointed Ambassador Extraordinary and Plenipotentiary of Belarus to Armenia, handed his credentials to Armenian President Serzh Sargsyan. According
YEREVAN, OCTOBER 14, NOYAN TAPAN. "Armenia Expo - 2008" international trade and industrial expo-forum opened at Yerevan's Dynamo Stadium on October 14. It was organized by Logos
YEREVAN, OCTOBER 14, NOYAN TAPAN. Armenophobia cannot proceed from Georgia's interests, the former prime minister of Armenia Hrant Bagratian expressed conviction at the online press conference organized
YEREVAN, OCTOBER 14, NOYAN TAPAN. The international financial crisis will affect the economies of Armenia, Azerbaijan and Georgia, and the worst deterioration of the economic conditions in
YEREVAN, OCTOBER 14, NOYAN TAPAN. According to monitoring of the RA ministry of economy, 23 out of the 32 enterprises of Armenia's light industry operated in
YEREVAN, OCTOBER 13, NOYAN TAPAN. In January-August 2008, Armenia's foreign trade amounted to 1 trillion 13.2 billion drams or 3 billion 308.9 million USD, including exports
YEREVAN, OCTOBER 13, NOYAN TAPAN. The trade turnover amounted to 960 bln 156.1 mln drams (more than 3 bln 135.4 mln USS) in current prices in
YEREVAN, OCTOBER 13, NOYAN TAPAN. Industrial production of 496 bln 157 mln drams (more than 1 bln 620.2 mln USD) was made in Armenia in January-August
YEREVAN, OCTOBER 13, NOYAN TAPAN. The monetary base made 435 bln 775 mln drams (1 bln 423 mln USD) in Armenia as of August 31, 2008,
YEREVAN, OCTOBER 13, NOYAN TAPAN. The commodity transportation by general use transport declined by 9.2% to 5 million 831.1 thousand tons in Armenia in January-August 2008
YEREVAN, OCTOBER 13, NOYAN TAPAN. Construction work of 465 bln 849.6 mln drams (more than 1 bln 521.2 mln USD), including building and assembly work of
YEREVAN, OCTOBER 13, NOYAN TAPAN. The net investment position of Armenia was negative by 2 billion 628.72 million dollars at the end of June 2008, growing
YEREVAN, OCTOBER 13, NOYAN TAPAN. The deficit of the current account of Armenia's balance of payment amounted to 542.73 million USD in January-June 2008, growing by
YEREVAN, OCTOBER 13, NOYAN TAPAN. By data of the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, 2,440 commercial legal
YEREVAN, OCTOBER 13, NOYAN TAPAN. The dates of supply of the Iranian gas to Armenia have not been decided yet. The Armenian and Iranian sides have
YEREVAN, OCTOBER 13, NOYAN TAPAN. Preparatory work is being done to choose a construction firm for the new nuclear power plant in Armenia, NT correspondent was
GORIS, OCTOBER 10, NOYAN TAPAN. The re-opening ceremony of the "Goris" branch of Ardshininvestbank took place on October 10. The repaired building of the branch is
YEREVAN, OCTOBER 10, NOYAN TAPAN. Armenia will start importing gas from Iran only in case of a need. At present it is not known when a
YEREVAN, OCTOBER 10, NOYAN TAPAN. ArmenTel's management has a positive opinion about the entrance of the third mobile phone communication operator into the Armenian market, the
YEREVAN, OCTOBER 9, NOYAN TAPAN. The State Food Safety and Veterinary Inspection of the RA Ministry of Agriculture consucted checks at 1,100 economic entities of Armenia
YEREVAN, OCTOBER 9, NOYAN TAPAN. By the Global Competitiveness Report (GCR) 2008-2009, Armenia is in 97th place by competitiveness out of 134 countries - against 93rd
YEREVAN, OCTOBER 8, NOYAN TAPAN. Armenia is expected to have a double-digit growth of GDP this year too - thanks to the high activity in the
YEREVAN, OCTOBER 8, NOYAN TAPAN. The chairman of the Central Bank of Armenia (CBA) Arthur Javadian and the deputy chairman Vatche Gabrielian left for Washington on
YEREVAN, OCTOBER 8, NOYAN TAPAN. An Armenian-Belgian business forum started its work in Yerevan on October 8. It is held on the initiative of the Union
YEREVAN, OCTOBER 8, NOYAN TAPAN. The 8th international trade and industrial exhbition "Armenia Expo 2008" will open at Yerevan's Dynamo Stadium on October 14. The exhibition
YEREVAN, OCTOBER 7, NOYAN TAPAN. The Small and Medium Entrepreneurship Development National Center of Armenia (SME DNC) in cooperation with business service providing organizations and with the
YEREVAN, OCTOBER 7, NOYAN TAPAN. Starting from October 7, ArmSwissBank CJSC will officially announce the sale and purchase prices of registered coupon bonds of the third
YEREVAN, OCTOBER 7, NOYAN TAPAN. At present it is impossible to assess the amount of the negative impact of the international financial crisis on Armenia's economy.
YEREVAN, OCTOBER 7, NOYAN TAPAN. The discussions of the 2009 draft state budget of the RA will start at the National Assembly Standing Committees on October
YEREVAN, OCTOBER 7, NOYAN TAPAN. By the draft 2009 state budget, ecomomic growth will make 9.2% in Armenia next year, the chairman of the RA National
YEREVAN, OCTOBER 7, NOYAN TAPAN. The tender packages for a licence of the 3rd mobile phone communication operator and permission to use radiofrequences in Armenia were
YEREVAN, OCTOBER 6, NOYAN TAPAN. During the recent official visit of the Armenian president to Georgia, an agreement was reached to reconstruct Batumi- Akhaltskha -Akhalkalak -
YEREVAN, OCTOBER 6, NOYAN TAPAN. A forum entitled "Renewable Energy Week" with the participation of experts from the U.S, France and CIS countries began at the
YEREVAN, OCTOBER 6, NOYAN TAPAN. RA Minister of Finance Tigran Davtian receiving Marie Yovanovich, the newly appointed Ambassador Extraordinary and Plenipotentiary of the U.S. to Armenia
YEREVAN, OCTOBER 6, NOYAN TAPAN. The second two-day ArmTech Congress 2008 dedicated to the high-tech industry opened in Yerevan on October 4.
YEREVAN, OCTOBER 6, NOYAN TAPAN. The number of participants and the variety of products and services displayed at DigiTec exhibitions grows year by year, which means
YEREVAN, NOVEMBER 3, NOYAN TAPAN. 1.7% rise in food commodity prices was recorded in Armenia in October on September 2008, mainly due to a rise in
YEREVAN, OCTOBER 2, NOYAN TAPAN. The 4.2% growth of consumer prices in Armenia in September 2008 on December 2007 was accompanied by a 0.5% fall in
YEREVAN, OCTOBER 2, NOYAN TAPAN. 0.6% growth in the tariffs of services in Armenia in September 2008 was affected by the growth in prices of cultural
YEREVAN, OCTOBER 2, NOYAN NTAPAN. The price of gasoline grew by 17.9%, that of diesel fuel by 29.3% in Armenia in September 2008 as compared with
YEREVAN, OCTOBER 2, NOYAN TAPAN. The slight fall (0.1%) of prices in the Armenian non-food commodity market in September on August 2008 was affected somewhat by
YEREVAN, OCTOBER 2, NOYAN TAPAN. 0.7% growth in food commodity prices was recorded in Armenia in September on August 2008, mainly due to a growth in
YEREVAN, OCTOBER 2, NOYAN TAPAN. The consumer price index made 111.3% in Armenia in September 2008 on September 2007, including the index of food commodities (including
YEREVAN, OCTOBER 1, NOYAN TAPAN. The international financial crisis has not yet affected the Armenian economy for the reason that the country's economy is not integrated
YEREVAN, OCTOBER 1, NOYAN TAPAN. Armenia intends to become a leader in IT markets and have a developed and advanced information society and a knowledge-based economy,
YEREVAN, OCTOBER 1, NOYAN TAPAN. The RA ministry of agriculture has developed the 2008-2012 National Program on Agricultural Development and Raising the Level of Self-Sufficeincy in Main
YEREVAN, OCTOBER 1, NOYAN TAPAN. Favorable conditions have been created for the development of the IT sector in Armenia, but four problems: the quality of Internet
YEREVAN, OCTOBER 1, NOYAN TAPAN. For Armenia there is no other way to become a competitive country but to educate young people who are fond of
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. More than 70 print media financed from the state budget either are not released at all or come out once
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. The recent developments in international financial markets will not affect Armenia's economy, budget and financial system, although some impacts, which will be
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. On September 30 the RA National Assembly passed in second reading and completely a government-submitted bill, by which an addition is
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. Two joint international forums: "Armagroforum" 3rd international forum and "Fruitful Armenia" 4th international forum started their work in Yerevan on September 30.
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. ProCredit Bank together with the German embassy in Armenia organized a meeting-discussion on September 30 with the aim of establishing long-term relations
YEREVAN, SEPTEMBER 30, NOYAN TAPAN. The Third Annual Armenian Microelectronics Olympiad, held earlier in September 2008 in Yerevan, included 115 competitors, including 32 participants from Gyumri, NT
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Registered coupon bonds of Valletta CJSC were listed as Bbonds (lowest category) on the Armenian Stock Exchange (ASE) on September 25,
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Armavir branch of Converse Bank CJSC re-opened in Armavir marz (province) on September 29. The bank's shareholders - the famous
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Saralanj Highway was put into operation in Yerevan on September 29. The highway links Kentron and Arabkir communities without traffic-light regulating crossroads,
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. The RA Ministry of Agriculture with the support of the Argentinean Armenian businessman Eduardo Eurnekian will hold "Fruitful Armenia" and "Armagroforum" joint
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Armenia will be allocated 3 million euros under the Food Security Program (FSP) of the European Commission, NT was informed by
YEREVAN, SEPTEMBER 29, NOYAN TAPAN. With the aim of increasing the carrying capacity of the North Caucasus - Transcaucasia gas pipeline, a necessity arose to replace
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. The Armenian government has launched tax reforms "on a wide front", while their assessments are contradictory. Gagik Poghossian, the Deputy Chairman of
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. At the September 25 sitting of the Armenian government, the Chairman of the RA State Commission on Protection of Economic Competition
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. At the September 25 sitting, the Armenian government approved the bill on the 2009 state budget of the Republic of Armenia,
YEREVAN, SEPTEMBER 25, NOYAN TAPAN. Turkish company Unit did not renounce the agreement on power supply from Armenia to Turkey, which the company reached with the
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. A document on Armenia's joining the Global Nuclear Energy Partnership (GNEP) will be signed during a conference of GNEP in Paris
YEREVAN, SEPTEMBER 24, NOYAN TAPAN. "Townhouses" of a new type are being constructed in the Vahakni residential community on the outskirts of Yerevan. As Lilit Martirosian
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. The rise in the gas tariffs in Armenia starting from April 1st of next year will not be burdensome for the
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. "It would be incomprehensible for our people if the Armenian-Russian strategic relations did not transform into other relations, and it would be
YEREVAN, SEPTEMBER 23, NOYAN TAPAN. The proposal of Russia to build a new nuclear power plant in Armenia bears evidence of Russia's intention to strengthen its
YEREVAN, SEPTEMBER 22, NOYAN TAPAN. The World Bank pays serious attention to the RA Control Chamber's observations on the possible deviations from the implementation of the
YEREVAN, SEPTEMBER 22, NOYAN TAPAN. Asphalt laying (330 thousand sq.m) and crack filling work, as well as repairs of streets and pavements was done in Yerevan
YEREVAN, SEPTEMBER 22, NOYAN TAPAN. VimpelCom company (Russia) - the owner of ArmenTel company violates intellectual property rights of Bi Line company (Armenia), Bi Line's chairman Hayk
YEREVAN, SEPTEMBER 20, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued "Sagittarius" gold and silver commemorative coins under the international numismatic program "The Signs of
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. At the September 19 sitting of the Board of the Central Bank of Armenia (CBA) conducted by the CBA chairman Arthur
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. It is important how many subscribers Orange company will have during the first year of its operation in Armenia. Given the
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. Armenian GDP grew by 10.3% in January-August 2008 on the same period of 2007 and made 2 trillion 164 billion 567.8
YEREVAN, SEPTEMBER 19, NOYAN TAPAN. According to the Central Bank of Armenia (CBA), out of the composite economic indices of Armenia, the business climate index (BCI)
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. In the first half of 2008, the RA Control Chamber revealed various financial violations of a total of 1.3 billion drams
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. At the September 17 sitting, the RA State Commission on Protection of Economic Competition initiated proceedings in the aviation fuel, flour and
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. Receiving the delegation headed by the chairman of Chronimet company (Germany), Honorary Consul of Armenia in the German state of Baden-Wurttemberg Gunther
YEREVAN, SEPTEMBER 16, NOYAN TAPAN. Based on the progress made in the socioeconomic sphere so far, less financing will be provided to Armenia by a new
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. A refrigerator with a capacity of 200 tons has been installed in Archis community of the city of Noyemberian with the
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. An annual meeting of the heads of the legal departments of the central banks of CIS and Baltic states will be
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. A sitting of the commission on granting professional competence certificates for expert examination on environmental impact and approving expert conclusions was held
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. It is envisaged that by late 2008 the RA National Assembly will pass a law on construction of a new nuclear
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. Armenia ranks 44th among 181 countries included in the "Doing Business 2009" 6th annual report of the World Bank. Last year
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. 207,489 tourists visited Armenia in the first half of 2008, which was by 13.3% more than in the same period of
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The second Armenian-Czech business forum opened in Yerevan on September 12. It is being held on the initiative of the Armenian
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The third mobile phone communication operator in Armenia will be announced in late 2009, the RA minister of transport and communication
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. The refuelling and major repairs of the Armenian Nuclear Power Plant (ANPP) will finish in late November, after which it will
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. The construction of the Iran-Armenia gas pipeline has been completed. According to Azg daily, the Armenian minister of energy and natural
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. Starting from 2009, Armenia will sell electricity to Turkey. According to Azg daily, the Armenian minister of energy and natural resources
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. In accordance with an agreement reached between Armenia and Turkey, Armenia will start selling electricity to Turkey.
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. Inflation made 6.6% in Armenia in late 2007, while the average inflation made 4.4%, exceeding by about one percentage point the
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. As of September 9, the fruit and vegetable processing companies of Armenia purchased 16,845 tons of vegetables, which is less by
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. On Septemer 8 the RA National Assembly ratified the agreement signed in 2006-2007 between the RA ministry of finance and economy
YEREVAN, SEPTEMBER 9, NOYAN TAPAN. It is envisaged that the European Bank for Reconstruction and Development (EBRD) will start financing the VTB Armenia Bank's program of
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. An international criminal group that withdrew about 80 million drams (265 thoousand USD) from Armenian cash machines by means of forged plastic
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. By the results of the first six months of 2008, VTB Armenia Bank was in first place in the Armenian banking
YEREVAN, SEPTEMBER 8, NOYAN TAPAN. VivaCell-MTS allocated AMD 15 million to support the village of Geghamavan with rehabilitation of the protective fence dividing the village and the
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The Borodino Cannery of Armenia, the Good Samaritan, Shen-Concern, and Arzni Breed TTK companies became laureates of the general prize of
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Starting from January 1, 2009, the range of those submitting income and property statements will be extended in Armenia, including not
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. At the September 2 sitting, the Central Bank of Armenia (CBA) Board made a decision to raise the interest rate of
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. At the September 3 sitting, the RA State Commission for Protection of Economic Competition made a decision to impose a fine
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. The studies done by the RA State Commission for Protection of Economic Competition showed that some companies with a dominating position
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. 982 wagons of various commodities, including 68 wagons of gasoline and 350 wagons of wheat, have been transported so far to
YEREVAN, AUGUST 29, NOYAN TAPAN. There is no concern yet about possible debts of the airlines operating between Armenia and the outside world, the head of
YEREVAN, AUGUST 29, NOYAN TAPAN. A document on raising the safety from terrorism in the aviation sphere will be signed at the 57th special forum of
YEREVAN, AUGUST 28, NOYAN TAPAN. 41 wagons of wheat were transported from Georgia to Armenia on August 28. There are 19 wagons of wheat and 43
YEREVAN, AUGUST 27, NOYAN TAPAN. 130 wagons of goods, including 72 wagons of mixed goods, 48 wagons of wheat, and 10 wagons with gasoline have been
YEREVAN, AUGUST 27, NOYAN TAPAN. Out of six companies that submitted bids for participation in the tender for receiving a licence of the third mobile phone
YEREVAN, AUGUST 27, NOYAN TAPAN. The revenues of the RA state budget made over 414 bln drams (over 1 bln 349.2 mln USD), the expenditures -
YEREVAN, AUGUST 26, NOYAN TAPAN. An action on placement of state (treasury) short-term bonds of AMGT39265093 issue with a redemption period of 39 weeks was held
YEREVAN, AUGUST 26, NOYAN TAPAN. 29 wagons of wheat that left Georgia on August 26 have already reached Gyumri. Besides, 21 wagons of various goods are
YEREVAN, AUGUST 25, NOYAN TAPAN. At the August 22 sitting conducted by the CBA chairman Arthur Javadian, the Central Bank of Armenia (CBA) Board made a
YEREVAN, AUGUST 22, NOYAN TAPAN. An action on placement of state (treasury) short-term bonds of AMGT39215098 issue with a redemption period of 39 weeks was held
YEREVAN, AUGUST 22, NOYAN TAPAN. The foreign trade of Armenia made 747.6 bln drams or 2 bln 428.6 mln USD in current prices in January-June 2008,
YEREVAN, AUGUST 21, NOYAN TAPAN. The monitoring of living essentials and consumer goods has been tightened by a decision of the chairman of the RA State
YEREVAN, AUGUST 20, NOYAN TAPAN. Armenian GDP grew by 10.6% in January-July 2008 on the same period of last year and made 1 trillion 736 billion
YEREVAN, AUGUST 20, NOYAN TAPAN. 207,479 tourists visited Armenia in January-June 2008 - against 183,110 tourists in the same period of 2007, with the growth in
YEREVAN, AUGUST 20, NOYAN TAPAN. Construction work of 231 bln 639.4 mln drams (over 753.1 mln USD), including building and assembly work of 200 bln 615.9
YEREVAN, AUGUST 20, NOYAN TAPAN. As of June 30, 2008, monetary base made 412 bln 725 mln drams or about 1 bln 341 mln 846 thousand
YEREVAN, AUGUST 19, NOYAN TAPAN. Trade amounted to 659 bln 614.1 mln drams or over 2 bln 144.5 mln USD in current prices in Armenia in
YEREVAN, AUGUST 19, NOYAN TAPAN. Industrial production of 356 bln 959.2 mln drams or over 1 bln 160.5 mln USD was made in Armenia in January-June
YEREVAN, AUGUST 18, NOYAN TAPAN. Profit tax revenues amounted to over 46.5 bln drams (about 151.2 mln USD) and made up 16.9% of the total tax
YEREVAN, AUGUST 18, NOYAN TAPAN. Tax revenues of the RA state budget made more than 275 billion drams (about 894.1 mln USD) in the first six
YEREVAN, AUGUST 14, NOYAN TAPAN. The organization of courses on qualification of audit services is being liberalized and transferred to the private sector. The RA minister
YEREVAN, AUGUST 13, NOYAN TAPAN. The Central Bank of Armenia (CBA) has issued a silver commemorative coin dedicated to the 75th anniversary of Alexander Spendiarian State
YEREVAN, AUGUST 13, NOYAN TAPAN. The Central Bank of Armenia (CBA) has put into circulation a gold commemorative coin on the occasion of the centennial of
YEREVAN, AUGUST 13, NOYAN TAPAN. The speaker of the RA National Assembly Tigran Torosian signed a decision, by which a special session of the parliament will
YEREVAN, AUGUST 13, NOYAN TAPAN. The Central Bank of Armenia (CBA) has put into circulation a gold commemorative coin dedicated to the 10th anniversary of the
YEREVAN, AUGUST 12, NOYAN TAPAN. The tax legislation of Armenia does not respond to the challenges faced by retail trade in recent years - to the
YEREVAN, AUGUST 12, NOYAN TAPAN. The recent events in Georgia have not affected in any way the Armenian railway's work, and the import of goods into
YEREVAN, AUGUST 11, NOYAN TAPAN. The amount of natural gas supplied to Armenia through Georgia has been reduced by 30%, spokeswoman for ArmRusgazprom company Shushan Sardarian announced
YEREVAN, AUGUST 11, NOYAN TAPAN. Some cash machines of "ArCa" payment system will not operate on August 12-14 due to repairs of cables connecting ArmenTel CJSC's
YEREVAN, AUGUST 6, NOYAN TAPAN. Slovakian banks started providing export credits of a total of 30 million euros for construction of hydropower plants in Armenia. Construction
YEREVAN, AUGUST 5, NOYAN TAPAN. Gasoline price grew by 3.1%, price of diesel fuel - by 1.2% in Armenia in July on June 2008.
YEREVAN, AUGUST 5, NOYAN TAPAN. The 0.7% inflation in Armenia's non-food commodity market in July on June 2008 was somewhat affected by the growth of prices
YEREVAN, AUGUST 5, NOYAN TAPAN. 4.5% growth of consumer prices in Armenia in July 2008 as compared with December 2007 was accompanied by a 0.5% fall
YEREVAN, AUGUST 5, NOYAN TAPAN. The ArmenTel Staff Training Center has been granted status of a Beeline university.The head of VimpelCom's Staff Service for CIS Countries
YEREVAN, AUGUST 5, NOYAN TAPAN. 2.2% growth of food prices was registered in Armenia in July 2008 on December 2007. Food prices fell by 4.8% in
YEREVAN, AUGUST 4, NOYAN TAPAN. The results of the auditor qualification examination were finalized at the RA ministry of finance on August 4. Out of 13
YEREVAN, AUGUST 4, NOYAN TAPAN. On August 4, 2008, the Central Bank of Armenia (CBA) Board raised the refinancing interest rate by 0.25%, fixing it at
YEREVAN, AUGUST 4, NOYAN TAPAN. On June 1, 2008, Armenian Railway CJSC (South Caucasian Railways) was passed to Russian Raiways CJSC for concession management for 30
YEREVAN, AUGUST 4, NOYAN TAPAN. In order to efficiently fight against corruption, the law enforcement bodies first of all should not tolerate corruption within themselves, the
YEREVAN, AUGUST 2, NOYAN TAPAN. At the July 31 sitting, the Armenian government made a decision to set up an interdepartmental working group for implementation of
YEREVAN, AUGUST 1, NOYAN TAPAN. On August 1 the Armenian president Serge Sargsian participated in the opening ceremony of the transport subway near the Airarat Cinema,
YEREVAN, AUGUST 1, NOYAN TAPAN. 7.4% inflation in Armenian consumer market in January-May 2008 was followed by a 2.7% fall of prices in June-July. Prices fell
YEREVAN, AUGUST 1, NOYAN TAPAN. 17 companies: France Telecom (France), CEO Blackrock Communications (Ireland), V-Tel (Netherlands), CEO (UK), M$A Tele2 AB (Sweden), Knightsbridge International Telecommunications Holding (Austria),
YEREVAN, AUGUST 1, NOYAN TAPAN. HSBC Bank has risen from third to first place on the list of best thousand banks of the world, according to
YEREVAN, AUGUST 1, NOYAN TAPAN. The government program is a "series of kind wishes" which do not correspond to Armenia's needs, former prime minister of Armenia
YEREVAN, JULY 30, NOYAN TAPAN. The preparatory work of construction of oil processing factory in Armenia with the participation of Iran and Russia continues. A meeting
YEREVAN, JULY 25, NOYAN TAPAN. Lawyer Artur Grigorian representing the interests of former RA Prime Minister Hrant Bagratian is going to appeal against the July 10
YEREVAN, JULY 17, NOYAN TAPAN. FAO has just approved a series of projects in 48 countries for a total value of 21 million USD to help
YEREVAN, JULY 16, NOYAN TAPAN. ProCredit Bank, which opened a branch in the town of Vanadzor, Lori region, the day before, opened one more branch on
TSAKHKADZOR, JULY 14, NOYAN TAPAN. The Construction 2008 4th International Congress was held on July 11-14 in Tsakhkadzor with the participation of 120 representatives of 70
YEREVAN, JULY 11, NOYAN TAPAN. In 2007 Armenia maintained stable macroeconomic growth: the two-digit index of the economic growth is mainly due to the growth in
YEREVAN, JULY 8, NOYAN TAPAN. In the near future the RA government will undertake a number of steps aimed at improving business environment and liquidating long
YEREVAN, JULY 8, NOYAN TAPAN. The directions of activity of an Austrian investment company to be founded in Yerevan will be cleared up during the Austrian
YEREVAN, JULY 8, NOYAN TAPAN. Armenia under the title Country of Speaking Stones will take part in the Shanghai Expo 2010 world exhibition to be held
YEREVAN, JULY 7, NOYAN TAPAN. Czech and Armenian companies have possibilities of organizing joint production of medicines and ceramics. Besides, there are prospects of developing cooperation in
YEREVAN, JULY 4, NOYAN TAPAN. On July 2, RA Prime Minister Tigran Sargsian visited Marmarik reservoir in the RA Kotayk region, which has not been used
YEREVAN, JUNE 2, NOYAN TAPAN. Food prices grew by 7.3% in in June 2008 in Armenia compared with December 2007 and fell by 1.4% as compared
Interview of Armenian prime minister Tigran Sargsian with "Noyan Tapan" agency YEREVAN, JULY 4, NOYAN TAPAN. Mr. Prime Minister. In one
YEREVAN, JUNE 3, NOYAN TAPAN. At the July 2 sitting, the Board of the Central Bank of Armenia (CBA) raised the refinancing interest rate by 0.25%
YEREVAN, JULY 2, NOYAN TAPAN. RA Prime Minister Tigran Sargsian, visiting the village of Aknashen, RA Armavir region, on July 1, got acquainted with the problems
YEREVAN, JULY 2, NOYAN TAPAN. The 14th International Apricot Symposium was held on June 15-21 in the city of Matera, Italy on the initiative of the
YEREVAN, JUNE 3, NOYAN TAPAN. As of May 31, 2008, monetary base amounted to 394bn 556m drams (nearly 1bn 285m USD) in Armenia reducing by 10bn
YEREVAN, JUNE 3, NOYAN TAPAN. Industrial production of 287bn 712m drams in current prices was made in Armenia in January-May 2008. Sales made 286bn 969.9m drams
YEREVAN, JUNE 3, NOYAN TAPAN. Trade circulation, in current prices, amounted to 519bn 577.1m drams (more than 1bn 686.3m USD) in Armenia in January-May 2008. It
YEREVAN, JUNE 30, NOYAN TAPAN. The government has launched reforms of tax and customs services, and its goal is that these services will create minimal problems
YEREVAN, JUNE 29, NOYAN TAPAN. The 0.1% growth in tariifs of services provided in Armenia in June 2008 was mostly due to 0.1-2.5% growth in tariffs
YEREVAN, JUNE 29, NOYAN TAPAN. The price of gasoline grew by 6.2%, that of diesel fuel by 12.3% in Armenia in June on May 2008.
YEREVAN, JUNE 29, NOYAN TAPAN. 1.3% inflation in Armenia's nonfood commodity market in June on May 2008 was somewhat influenced by the growth in prices of
YEREVAN, JUNE 29, NOYAN TAPAN. The rise in consumer prices in Armenia and in the settlement exchange rate of the Armenian dram against the US dollar
YEREVAN, JUNE 29, NOYAN TAPAN. The consumer price index made 109.6% in Armenia in June 2008 on May 2007, including the index of food commodity prices
YEREVAN, JUNE 26, NOYAN TAPAN. The second annual DigiTec Business Forum opened at the Yerevan Marriott Hotel on June 26 with the participation of the Armenian
YEREVAN, JUNE 26, NOYAN TAPAN. At the June 24 sitting conducted by the CBA chairman Arthur Javadian, the Central Bank of Armenia (CBA) Board approved the
YEREVAN, JUNE 26, NOYAN TAPAN. At the June 26 sitting, the RA government approved the program of measures on improvement of the business environment in Armenia.
YEREVAN, JUNE 25, NOYAN TAPAN. Representatives of 17 companies and 30 reporters will present information and communication technology (ICT) solutions for everyday business at the Digitec Business
YEREVAN, JUNE 25, NOYAN TAPAN. With the aim of solving the problems that arise during the export of agricultural products from Armenia, by instruction of the
YEREVAN, JUNE 25, NOYAN TAPAN. 6,985 homeless citizens, including 1,800 single elderly persons are currently registered in the earthquake zone. Approximately 77 bln drams (about 252 mln
YEREVAN, JUNE 25, NOYAN TAPAN. An unprecedented harvest of apricots is expected in Armenia this year. NT correspondent was informed by Garnik Petrosan - the head
YEREVAN, JUNE 25, NOYAN TAPAN. With the financing of the USAID, the Fund for Armenian Relief of America (FAR) is implementing a project on restoration of
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