YEREVAN, SEPTEMBER 17, NOYAN TAPAN. According to a statement submitted to tax bodies, Master Plus LLC, which has signed over 25 contracts on supervisory work with
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. According to a decision of the meeting of the HSBC Bank Armenia CJSC's shareholders, the shareholders of the bank will not
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. In the first half of 2007, HSBC Bank Armenia showed the best results in 11 years of its activities. According to
YEREVAN, SEPTEMBER 17, NOYAN TAPAN. The meeting of shareholders of NSBC Bank Armenia CJSC on September 15 announced its intention to set up an insurance company
YEREVAN, SEPTEMER 17, NOYAN TAPAN. "Innovation in Armenia is viewed as an obvious advantage of globalization," the RA minister of trade and economic development Nerses Yeritsian stated
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. According to the agreement on cooperation between the Armenian government and Alrosa company (Russia), the Russian side will provide a large number
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. "Tigran the Great" branch OF HSBC Bank Armenia CJSC was opened on September 15 with the participation of the prime minister
YEREVAN, SEPTEMBER 15, NOYAN TAPAN. The 9th sitting of the Armenian-Russian intergovernmental commission on economic cooperation issues was held at the Reception House of the RA government
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. 70-80 experts and businessmen from 20 countries will participate in the regional conference "The Development of the Innovation Sector in Eastern European
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. MTS company (Russia) has purchased 80% of shares of K-Telecom company (brandname "VivaCell") for 310 million euros. The president of MTS
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. The international trade and industrial exhibition "Armenia Expo - 2007" opened at Yerevan's Dynamo Stadium on September 14. More than 180
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. The 9th sitting of the Armenian-Russian intergovernmental commission on economic cooperation took place in Yerevan on September 14. After the sitting, the
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. An agreement on purchase of SSJ 100/195 LR planes was signed between Armavia company and Civil Aircraft. Sukhoye company (Russia) on September
YEREVAN, SEPTEMBER 14, NOYAN TAPAN. The Armenian president Robert Koharian on September 14 received the co-chairman of the Armenian-Russian intergovernmental commission on economic cooperation issues, Russian minister
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. During the first eight months of 2007, Zvartnots international airport serviced 885,342 passengers, or by 173,742 passengers more than in the
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. At the September 13 sitting, the Armenian government approved the RA tourism development program for 2008 and the list of measures
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. NT was informed from the Yerevan Brandy Company (YBC) that at the September 12 press conference of YBC managing director Cedric
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The World Bank is looking for donor organizations for starting the second credit program of the Enterprise Incubator Foundation (EIF). The
YEREVAN, AUGUST 13, NOYAN TAPAN. According to data of the State Regsiter of Legal Entities and Private Businessmen of the RA Ministry of Justice, 1,902 commercial
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. Gazprom company (Russia) will deal with the issue of exporting electricity from Armenia to Turkey only after it buys the remaining
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. The 5th Armenian-Slovakian business forum will take place in Yerevan on October 18-22, in which businessmen from Artsakh will participate for the
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. "Promotion of Innovation in Europe and Central Asia - 2007" forum will be held in Yerevan on September 17-20. The event
YEREVAN, AUGUST 13, NOYAN TAPAN. Out of budgetary expenditures of 228 bln 192.4 mln drams (over 639.7 mln USD) in January-June 2007, expenditures of 39 bln
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. Starting from September 15, the Yerevan Brandy Company (YBC) will start grapes purchases, the YBC managing director Cedric Retailleau said at the
YEREVAN, SEPTEMBER 13, NOYAN TAPAN. Issues related to the fight against corruption, improvement of administration, and reduction of the shadow economy were discussed at the September 12
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. On the occasion of the 10th anniversary of foundation of ArmRusgazprom CJSC, the Armenian prime Serge Sargsian on September 12 met
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. A special platform for sale of power-bearing substances may be created in Armenia, the director general of ArmRusgazprom company Karen Karapetian
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The cooperation of ArmRusgazprom and Gaz de France companies on the modernization and repairs of the Abovian underground gas depot is
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The Armenian president Robert Kocharian on September 12 visited the head office of ArmRusgazprom on the occasion of the 10th anniversary
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. At the September 12 morning sitting, the RA National Assembly approved with 102 votes for, 9 votes against and one abstention
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. The name of the company to construct the steam and gas turbine of Yerevan Thermal Power Plant (TPP) will be announced
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. Starting from 2009, the price of gas imported from Russia to Armenia will be determined through negotiations between the sides, Valery
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. Gazprombank (Russia) is discussing the issue of purchasing an Armenian bank within six months, vice president of Gazprombank Olga Kazanskaya said
YEREVAN, SEPTEMBER 12, NOYAN TAPAN. An agreement on development of intergovernmental cooperation was signed between the Armenian and German governments on September 12. The document was signed
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. A memorandum on mutual understanding was signed between the Enterprise Incubator Foundation (EIF) and National Instruments, an IT company (US). The document
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. National Instruments company (US) plans to make investments in Armenia with the aim of staff training and establishing test laboratories, the
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. Issues related to new programs being implemented in the sphere of agriculture and to current work of the ministry of agriculture
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. 75.3 bln drams (about 215 mln USD) was allocated from the 2006 state budget of the RA with the aim of
YEREVAN, SEPTEMBER 11, NOYAN TAPAN. Inasmet company (Spain) envisages using the technology of obtaining powder from scrap copper, which was developed by the Institute of Chemical
YEREVAN, AUGUST 11, NOYAN TAPAN. The presentation of "Tax Payer's Handbook" published by the RA State Tax Service (STS) jointly with the National Association of Armenian
YEREVAN, AUGUST 11, NOYAN TAPAN. Armenia's foreign trade made 674 bln 673.5 mln drams or 1 bln 892 mln USD in current prices in January-June 2007.
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. Grant Thornton Amyot audit and consulting company will also operate in the sector of IT management services, the director of the
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. The exhibition "Realty and Construction. Charitable Expo 2007" opened in Yerevan on September 10. Armine Mekhakian, organizer of the exhibition, representative of
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. By the decision of the Armenian prime minister Serge Sargsian, Tigran Davtian has been relieved of his post as deputy minister
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. The identification method related to temporary export and import of goods has been recently introduced in Armenia's customs system. The head
YEREVAN, SEPTEMBER 10, NOYAN TAPAN. The Institute of Chemical Physics of the RA National Academy of Sciences (NAS) signed a cooperation agreement with Sasun Investments company (Canada),
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. About 31.4 bln drams (about 78.5 mln USD) was allocated from the 2006 RA state budget to the country's transport, roads
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. A delegation of representatives of Armenian IT sector that visited Ottawa in August and Macademian Technologies, the biggest Canadian IT company, signed
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The RA National Assembly standing committees on September 7 finished discussions on execution of the 2006 state budget. The bill on
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. Armenia's agriculture, forest and water industry, and fish-breeding were financed in the amount of over 18.3 bln drams (about 45.75 mln
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. In 2006, the expenditures of Armenia's fuel and energy sector made 5.1 bln drams (about 12.75 mln USD), which was 89.6%
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. 22.2 bln drams (about 55.5 mln USD) was allocated from the state budget to the RA housing municipal economy in 2006,
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on September 7 held a consultation with the participation of the chairman of the Central
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. It is envisaged to use the technologies of obtaining milybdenum powders, which were developed by the Institute of Chemical Physics of
YEREVAN, SEPTEMBER 7, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on September 6 participated in the reopeing ceremony of DG Arms Corporation's plant, visited the workshops
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. The RA expenditures on foreign policy made about 7.7 bln drams (19.3 mln USD) in 2006. The fulfilment index of resources
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. At present Armenia has about 40 embassies, consulates and diplomatic missions abroad. Buildings of 12 of them are property of the
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. The opportunities of attracting external financial resources and the population's savings by banks for crediting, their use of advanced banking technologies will
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In accordance with the RA Law on Veterinary Science, the Armenian government at the September 6 sitting approved the program of
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. It has been forecast that the amount of mortgage crediting will at least double in Armenia by results of 2007 as
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. The Central Bank of Armenia (CBA) is continuing to take measures aimed at mitigation of banking supervision. It is forecast that
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In accordance with the decision taken at the Setpember 6 sitting of the Armenian government, 9 bln 818 mln drams (about
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. The World Bank provided credits of a total of $97.5 mln to Armenia in the past financial year (from July 1,
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In 2006, the social sector was financed from the RA state budget in the amount of over 52.3 bln drams. The
YEREVAN, SEPTEMBER 6, NOYAN TAPAN. In 2006, programs on culture, information, sports and religion were financed from the RA state budget in the amount of 13.6
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The official opening ceremonies of two new branches of HSBC Bank Armenia CJSC are scheduled for September 15 in Yerevan. NT
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. Over 39.4 bln drams (about 94.7 mln USD) was allocated from the RA state budget to the sphere of health care
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. By acquiring BMED - a franchise company of British Airways, BMI, which is the second largest airline operating at London's Heathrow
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. 72.1 bln drams (about 173.3 mln USD) was allocated from the RA state budget to the sphere of science and education
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. "Although all measures have been taken to prevent penetration of the African plague virus into Armenia, some cases of infection have
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. Monetary incomes of Armenia's population made 1 trillion 41 billion 612.8 million drams (over 2 bln 941.7 mln USD), while monetary
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. The inflow of foreign investments into the real sector of Armenia's economy (without those received through the state governance and banking
YEREVAN, SEPTEMBER 5, NOYAN TAPAN. The Armenian foreign trade made 800 bln 503 mln drams or 2 bln 262.9 mln USD in current prices in January-July
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Out of budgetary expenditures of 282 bln 816.9 mln drams (about 798.7 mln USD) in January-July 2007, 50 bln 139.1 mln
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Issues related to financing of state, local government and judicial bodies of the report on execution of the RA Law on
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. According to the State Register of Legal Entities and Private Businessmen of the RA Ministry of Justice, 2,220 commercial legal entities
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. According to the 2006 programmed indices, the financing of the RA presidential staff was envisaged to make 2.625 bln drams (over
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. 340 thousand tons of grain was harvested from sown areas of a total of 135 thousand ha in Armenia as of
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. The monetary base made 302 bln 835 mln drams (about 855.3 mln USD) in Armenia as of July 31, 2007, increasing
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. In January-July 2007, the RA state budgetary revenues and official transfers made 289 bln 248.5 mln drams (over 816.9 mln USD),
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Lebanon is the leader in the total amount of foreign investments made in Armenian economy's real sector in the first six
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. As of late June, 2007, the RA foreign debt amounted to 431bn 587m drams or more than 1bn 256.8m USD. As
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. In January-July 2007, trade turnover amounted to 675 bln 684.3 mln drams (over 1 bln 908.3 mln USD) in current prices
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. Industrial production of 388 bln 117 mln drams (over 1 bln 96.1 mln USD) was made in Armenia in Jnauary-July 2007.
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. The airline Armavia operated 2,741 regular flights in the first half of 2007 against 2,195 ones in the same period of
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. 38,077 internal tourists were accommodated in tourist lodgings of Armenia in January-June 2007, which is more by 24.3% than in the
YEREVAN, SEPTEMBER 4, NOYAN TAPAN. The administrative expenditures of the Central Bank of Armenia (CBA) made 3 bln 337 mln drams (over 8.02 mln USD) instead
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. The decline in consumer prices and in the settlement exchange rate of the Armenian dram against the US dollar made 0.8%
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. There was a 0.2% growth in tariffs of services provided to the Armenian population in August on July 2007.
YEREVAN, AUGUST 3, NOYAN TAPAN. Discussions of the report on execution of the Law on the 2006 State Budget of the RA started at the standing
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. Construction of 253 bln 976.5 mln drams (about 725 mln USD) was done in Armenia in January-July 2007, including construction of
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. The price of gasoline fell by 1.7%, that of diesel fuel - by 0.4% in Armenia in August on July 2007.
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. A 1.7% fall in gasoline prices had some impact on the 0.5% price fall in Armenia's non-food commodity market in August
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. Employees of the State Tax Service (STS) adjacent to the RA government discovered an illegal vodka bottling room in an apartment
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. This year's construction work of Yerevan's North Avenue and adjacent buildings will be completed on November 1, the mayor of Yerevan
YEREVAN, SEPTEMBER 3, NOYAN TAPAN. 3% fall in prices of food commodities was registered in Armenia in August on July 2007, mainly due to seasonal fluctuations
YEREVAN, SEPTEMBER 1, NOYAN TAPAN. The consumer price index made 99.2% in Armenia in August 2007 on December 2006, including the consumer price index of food
YEREVAN, AUGUST 30, NOYAN TAPAN. The former management of ArmenTel company hindered the development of Armenian IT sector, particularly, development of the Internet, for over 10
YEREVAN, AUGUST 30, NOYAN TAPAN. It is not serious to speak about an investment field in Armenia as the country is located in a conflict, i.e.
YEREVAN, AUGUST 30, NOYAN TAPAN. There is no banking system as such in Armenia, economist Eduard Aghajanov said at the August 30 press conference.
YEREVAN, AUGUST 30, NOYAN TAPAN. Armenia's foreign trade deficit made 838 million dollars in the first half of 2007 against 511 million dollars in the same
YEREVAN, AUGUST 30, NOYAN TAPAN. Armenia is a vulnerable country from the viewpoint of information security. Economist Tatul Manaserian expressed this opinion during the August 30 seminar-discussion
YEREVAN, AUGUST 30, NOYAN TAPAN. The introduction of developments of 6 scientific groups - winners of the grant tender announced by the US Civilian Research and
YEREVAN, AUGUST 29, NOYAN TAPAN. At the request of one of its Russian partners, the Armenian IT company Bi Line has started production of 15 cartoons
YEREVAN, AUGUST 29, NOYAN TAPAN. The intention of CreditBank (Lebanon) to operate in Armenia is welcome and fully consistent with the Armenian government's policy of developing the
YEREVAN, AUGUST 28, NOYAN TAPAN. Large-scale re-equipment of information technology equipment and software is being done in the RA banking system, NT correspondent was informed by
YEREVAN, AUGUST 27, NOYAN TAPAN. With the aim of financing developments of Armenian scientists, a number of big programs (the cost of each exceeds a million
YEREVAN, AUGUST 27, NOYAN TAPAN. About 15 big events related to IT sector will be organized in Armenia in September and October of this year, NT
YEREVAN, AUGUST 24, NOYAN TAPAN. The InnovationECA 2007 conference will be held in Yerevan for the first time on September 17-20. The Enterprise Incubator Foundation (EIF)
YEREVAN, AUGUST 24, NOYAN TAPAN. It is envisaged to hold the first discussion of the new concept on Armenia's IT sector in November of this year.
YEREVAN, AUGUST 23, NOYAN TAPAN. The gross foreign assets of Armenia made 1 bln 216 mln 27.3 thousand USD at the end of the second quarter
YEREVAN, AUGUST 23, NOYAN TAPAN. The Armenian localisations of Microsoft's Windows Vista operational system and Microsoft Office 2007 package will be available to users in late
YEREVAN, AUGUST 23, NOYAN TAPAN. The Armenian IT company Bi Line started distribution of Microsoft software a year ago. Hayk Khanjyan, Bi Line's president, told NT
YEREVAN, AUGUST 23, NOYAN TAPAN. In accordance with the RA Law on Excise Tax, making additions to the RA government's decision No 662 of October 26,
YEREVAN, AUGUST 23, NOYAN TAPAN. The Canadian (Toronto-based) and European (Vienna-based) Representative Offices of the Armenian IT sector ensure the signing of agreements of a total of
YEREVAN, AUGUST 22, NOYAN TAPAN. A cooperation agreement was signed a week ago between the Canadian software company Makademian and M-Possible, an Armenian company engaged in electronic
YEREVAN, AUGUST 22, NOYAN TAPAN. Issues related to the process of executing the 2007 state budget and to mechanisms of improving the tax administration were discussed
YEREVAN, AUGUST 22, NOYAN TAPAN. The experience of Enterprise Incubator Foundation (EIF) will be used to implement future programs on development of the Armenian IT sector,
YEREVAN, AUGUST 20, NOYAN TAPAN. 384 out of 4,261 elevators in Yerevan are not operating, the deputy mayor of Yerevan Vano Vardanian said at the August
YEREVAN, AUGUST 20, NOYAN TAPAN. In January-July 2007, Armenia's GDP grew by 12.1% on the same period of last year and made 1 trillion 287 billion
YEREVAN, AUGUST 20, NOYAN TAPAN. At the August 20 sitting, the RA Economic Court (chairman Judge Taron Nazarian) decided not to examine the suit of the
YEREVAN, AUGUST 20, NOYAN TAPAN. The gas supply of Armenia and Georgia will be cut off for 6 days due to repairs of the Caucasus-Transcaucasia gas
DELHI, AUGUST 17, NOYAN TAPAN. The Armenian ambassador to India Ashot Kocharian on August 16 met with India's state minister of agriculture Kanti Lal Bhuria.
YEREVAN, AUGUST 18, NOYAN TAPAN. The transfer of ArmenTel company's cables at the crossroads of Yerevan's Tigran the Great Avenue - Khanjian Street, Vardanants - Khanjian
YEREVAN, AUGUST 17, NOYAN TAPAN. At the August 16 sitting, the Armenian government made amendments in the RA government's Decision No 1560-N on Approval of Technical
YEREVAN, AUGUST 16, NOYAN TAPAN. There will be no considerable progress in the Armenian economy and no new investments will be made until the 2008 presidential
YEREVAN, AUGUST 16, NOYAN TAPAN. The situation concerning higher edication in economic and other spheres is "disastrous in terms of corruption", Prof. Tatul Manaserian, economist, said
YEREVAN, AUGUST 16, NOYAN TAPAN. Various models of developing the economy proposed by international organizations do not work in Armenia because the local expert potential is
YEREVAN, AUGUST 16, NOYAN TAPAN. In order to encourage the inflow of investments to Armenia's high-tech sector and promote the introduction of new technologies, it is
YEREVAN, AUGUST 15, NOYAN TAPAN. The 5th symposium on microelectronics IEEE EWDTS 2007 will be held in Yerevan on September 7-10. It has a 5-year history
YEREVAN, AUGUST 15, NOYAN TAPAN. With the assistance of the Armenian Technology Group (ATG) fund, Hovhannes Gaboyan, member of the association of ATG seed growers, is
YEREVAN, AUGUST 14, NOYAN TAPAN. 273 transactions on alienation of summer cottages and 540 ones on alienation of garages were done in Armenia in January-June 2007.
YEREVAN, JUNE 14, NOYAN TAPAN. 3,831 transactions on alienation of residential houses (detached houses) were conducted in Armenia in January-June 2007, including 774 transactions in Yerevan. The
YEREVAN, AUGUST 14, NOYAN TAPAN. Out of 7,029 transactions on sale and purchase of real estate in Yerevan in January-June 2007, 4,698 transactions were conducted with
YEREVAN, AUGUST 14, NOYAN TAPAN. 11,130 pieces of land (including 763 in Yerevan) were alienated in Armenia in January-June 2007. According
YEREVAN, AUGUST 14, NOYAN TAPAN. 26,790 transactions on real estate alienation were conducted in Armenia in January-June 2007, their number growing by 13.2% as compared with
YEREVAN, AUGUST 14, NOYAN TAPAN. Viasphere Technopark is ready to start implementing the annual pilot program on production of 5 solar power stations with the capacity
YEREVAN, AUGUST 13, NOYAN TAPAN. 181 thousand 239 tourists came to Armenia in January-June 2007 against 132 thousand 937 tourists in the same period of 2006.
YEREVAN, AUGUST 13, NOYAN TAPAN. Construction work of 171 bln 420.6 mln drams (about 490 mln USD), including construction of production facilities of 73 bln 386.8
YEREVAN, AUGUST 10, NOYAN TAPAN. A draft law on veterinary science is being developed at the RA Ministry of Agriculture. The head of the ministry's legal
YEREVAN, AUGUST 9, NOYAN TAPAN. More than 25 representatives of Armenia's business community participated in the August 9 seminar on corporate social investments held in Yerevan, during
YEREVAN, AUGUST 8, NOYAN TAPAN. The monetary base made 287 bln 317 mln drams (about 805.5 mln USD) in Armenia as of June 30, 2007, growing
YEREVAN, AUGUST 8, NOYAN TAPAN. The revenues and official transfers of the RA state budget made 244 bln 713.1 mln drams (over 686 mln USD) in
COLOMBO, AUGUST 8, NOYAN TAPAN. The Armenian ambassador to India Ashot Kocharian, who is accredited to Sri Lanka pluralistically, paid a working visit to Colombo on
YEREVAN, AUGUST 8, NOYAN TAPAN. Trade turnover amounted to 583 bln 587.7 mln drams (over 1 bln 636 mln USD) in current prices in Armenia in
YEREVAN, AUGUST 8, NOYAN TAPAN. The gross agricultural output made 127 bln drams (over 356 mln USD) in current prices in January-June 2007, declining by 1.9%
YEREVAN, AUGUST 7, NOYAN TAPAN. During the first two years of their work, IT graduates of Armenian universities produce the result in the amount of money
YEREVAN, AUGUST 7, NOYAN TAPAN. Although Azerbaijan suspasses Armenia in terms of accessibility of telecommunication resources, the latter is ahead by IT sector's technological potential and the
YEREVAN, AUGUST 7, NOYAN TAPAN. Holding the ArmTech 2007 congress in San Francisco (US) on July 4-7 proved that information and high technologies are priorities in
YEREVAN, AUGUST 6, NOYAN TAPAN. An agreement on cooperation was signed on August 6 between the Armenian government and ALROSA CJSC, one of the world's leading
YEREVAN, AUGUST 6, NOYAN TAPAN. 512 mln drams (1.5 mln USD) has been allocated from the RA state budget for solution of road construction, educational and
YEREVAN, AUGUST 6, NOYAN TAPAN. The number of tourists to Dilijan has declined in the summer of 2007. In particular, this resort city can now receive
YEREVAN, AUGUST 6, NOYAN TAPAN. The Armenian Technology Group (ATG) Fund has started reproduction of seeds of 8 new wheat varietis in Shirak region, NT correspondent
YEREVAN, AUGUST 6, NOYAN TAPAN. Starting from August 15, four road construction programs - on overpasses at the crossroads of Kievian-Kasian and Baghramian-Orbeli Streets, on the subway
YEREVAN, AUGUST 3, NOYAN TAPAN. The volume of cargo transportation by general use transport grew by 9.6% in Armenia in January-June 2007 on the same period
YEREVAN, AUGUST 3, NOYAN TAPAN. In parallel with a 0.6% growth of consumer prices in Armenia, a 7.2% fall in the settlement exchange rate of the
YEREVAN, AUGUST 3, NOYAN TAPAN. Industrial production of 327 bln 954.9 mln drams (over 919.4 mln USD) was made in Armenia in January-June 2007. Production of
YEREVAN, AUGUST 3, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on August 3 went on a three-day visit to Aragatsotn, Lori and Tavush regions.
YEREVAN, AUGUST 3, NOYAN TAPAN. Armenia's GDP grew by 11.2% in January-June 2007 on the same months of last year and made 944 bln 845.7 mln
YEREVAN, AUGUST 3, NOYAN TAPAN. The revenues from communication services (without VAT, in current prices) made 67 bln 840.5 mln drams (about 190.2 mln USD) in
YEREVAN, AUGUST 2, NOYAN TAPAN. A relatively stable level of tariffs of services provided to the Armenian population was registered in the country in July on
YEREVAN, AUGUST 2, NOYAN TAPAN. A 6.9% growth in the price of gasoline was registered in Armenia in July 2007 on December 2006, while the price
YEREVAN, AUGUST 2, NOYAN TAPAN. Food prices fell by 6.2% in Armenia in July on June 2007, mainly as a result of seasonal fluctuations of fruit
YEREVAN, AUGUST 2, NOYAN TAPAN. The consumer price index made 100.6% in Armenia in July 2007 on December 2006, including the index of consumer prices of
YEREVAN, AUGUST 2, NOYAN TAPAN. The Armenian government has allocated a 8 thousand square-meter area in Yerevan's Shengavit community to the Chamber of Commerce and Industry
YEREVAN, AUGUST 2, NOYAN TAPAN. During the August 2 meeting with the Armenian foreign minister Vardan Oskanian, the founder and chairman of Cronimet company (Cronimet Gruppe),
YEREVAN, AUGUST 2, NOYAN TAPAN. A 0.2% fall in prices of non-food commodities was registered in Armenia in July on June 2007, mainly due to 0.3-2.1%
YEREVAN, AUGUST 2, NOYAN TAPAN. Before discussing the issues on the agenda of the RA government's August 2 sitting, the prime minister Serge Sargsian instructed those
YEREVAN, AUGUST 2, NOYAN TAPAN. At the August 2 sitting, the Armenian government made a decision to approve addition No 2 of the agreement signed between
YEREVAN, AUGUST 2, NOYAN TAPAN. Germany is in second place among Armenia's partner states in terms of its commodity turnover. The commodity turnover between the two
YEREVAN, AUGUST 1, NOYAN TAPAN. The German side aims to organize an event "Days of the Armenian Economy in Germany" in the autumn of 2007 with
YEREVAN, AUGUST 1, NOYAN TAPAN. The Armenian prime minister Serge Sargsian on Augsut 1 met with the delegation headed by Gunther Pilarski, the Honorary Consul of
YEREVAN, AUGUST 1, NOYAN TAPAN. The seventh Community Self-Help Fund (CSHF) Grants Award Ceremony took place on August 1. The beneficiaries of the program's seventh stage
YEREVAN, AUGUST 1, NOYAN TAPAN. The World Bank Board of Directors has approved the decision to allocate additional 5 million dollars for the program on development
YEREVAN, JULY 31, NOYAN TAPAN. On the initiative of the RA Ministry of Agriculture and the Armenian Technology Group (ATG) Fund, a program on development of
YEREVAN, JULY 31, NOYAN TAPAN. The issue of providing additional 5 million dollars for the program on development of Armenia's irrigation systems will be presented to
YEREVAN, JULY 31, NOYAN TAPAN. Starting from August 1, Synopsys Armenia company will operate in Viasphere Technopark's new building, whose A-category office, production and educational area has
YEREVAN, JULY 31, NOYAN TAPAN. The results of the first all-Armenian high-tech congress "ArmTech 2007" held in San Francisco on July 4-7 will be presented to
YEREVAN, JULY 30, NOYAN TAPAN. The third international tourism exhibition will be held in Yerevan on October 26-28. The chairman of the Armenian Society of Travel
YEREVAN, JULY 30, NOYAN TAPAN. An arbitral institution dealing with issues of alternative regulation of economic disputes has opened at the RA Chamber of Commerce and
YEREVAN, JULY 30, NOYAN TAPAN. The placemnent of Valetta LLC's 7,000 nominal coupon bonds of the total value of 350 mln drams (about 1.04 mln USD)
YEREVAN, JULY 30, NOYAN TAPAN. The use of the mechanism of self-declaration of goods is expanding in Armenia's customs system: henceforth the economic entities importing goods
YEREVAN, JULY 30, NOYAN TAPAN. It is envisaged that starting from January 1, 2008, the system of compulsory insurance of liability of vehicle owners to third
ARMAVIR, JULY 30, NOYAN TAPAN. The RA Prime Minister, Serge Sargsian, on July 28, paid a working visit to the Armavir region. In the town of
YEREVAN, JULY 30, NOYAN TAPAN. It is expected that leading foreign insurance companies will function from 2008 on the Armenian insurance market. The Central Bank of
YEREVAN, JULY 30, NOYAN TAPAN. At present more than 40 Armenian enterprises have received a rating from the Central Bank of Armenia (CBA). Many of them
YEREVAN, JULY 27, NOYAN TAPAN. The Armavia airline's plane park will be replenished with another two new Airbus planes in 2008. Businessman Mikhail Baghdasarov, airline's owner,
YEREVAN, JULY 27, NOYAN TAPAN. Tourism can be considered a sphere having prospects in Armenia, therefore, it is expedient to make investments in the very sphere.
YEREVAN, JULY 26, NOYAN TAPAN. Taking as a basis the fourth part of Article 53 of the RA law National Assembly Regulations, the RA government, at
YEREVAN, JULY 26, NOYAN TAPAN. On the basis of the fourth part of Article 53, RA law On National Assembly Regulations, the RA government, at the
YEREVAN, JULY 26, NOYAN TAPAN. A special commission should be created for studying the current problems of security in Armenian civil aviation. Economist Tatul Manaserian said
YEREVAN, JULY 25, NOYAN TAPAN. Armenian-Egyptian relations proceed from the age-old friendship of the two states, which the two countries' authorities are obliged to strengthen
YEREVAN, JULY 25, NOYAN TAPAN. Plan and Play Visit (PPV) electronic system worked out and projected by the Newagetrust Corporation (NATC) company will be introduced in
YEREVAN, JULY 25, NOYAN TAPAN. Armenia for the first time will take part in the annual fair of information technologies and telecommunication sphere of Vienna (ITnT-"http://www.itnt.at"), which
YEREVAN, JULY 24, NOYAN TAPAN. RA Prime Minister Serge Sargsian, at the July 24 meeting with Igor Finogenov, the Board Chairman of the Eurasian Development Bank,
YEREVAN, JULY 24, NOYAN TAPAN. In January-June, 2007, the Armenian GDP grew by 11.2%, as compared with the same months of the previous year, and made
YEREVAN, JULY 24, NOYAN TAPAN. Expenditures of 32bn 170.8m drams out of budget expenditures of 182bn 993.4m drams (more than 509.6m USD) done in January-May, 2007,
YEREVAN, JULY 24, NOYAN TAPAN. RA foreign trade, in January-May, 2007, in current prices, made 551bn 808.7m drams or 1bn 536.33m USD, including goods exports 151bn
TSAKHKADZOR, JULY 23, NOYAN TAPAN. Construction-2007 third international congress was held on July 20-23 in Tsakhkadzor on the initiative of the Master Center for International Integration Support.
YEREVAN, JULY 23, NOYAN TAPAN. Armenian society and, in particular, its political and economic elites, should start implementing second generation reforms in the country as soon
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